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July 11, 1990

LAY-OFFS: 130 JOBS TO GO AT ENCORE COMPUTER

By CBR Staff Writer

Fort Lauderdale, Florida-based Encore Computer Cotp hasn’t yet got its vastly expanded operations onto an even keel after the acquisition of Gould Computer Ssystems and the company has announced that it will make redundant 130 of its 1,825 Employees. It warns that it expects a significant loss for the second querter to June 30 and blames a shortfall in revenue and restructuring costs associated with new product introductions. Ii thinks it may be back in profit this quarter.

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