Cincinnati Bell Inc is also on a cost-cutting bender, and says it plans to cut its management workforce by about 10% by the end of the first quarter 1992 via a management retirement incentive package, voluntary redundancy, and firings if necessary: each operating company will have its own plan for achieving the force reductions appropriate to its business and in all, Cincinnati Bell expects to shed 400 to 500 management positions; it looks to save $18m a year net, and it will be taking a net charge of $6m to cover the costs.
Content from our partners
