Memorex Telex UK Ltd has confirmed last week’s suggestions that UK operations are being restructured and will be consolidated (CI No 1,347); Memorex says that instead of a geographical organisation, the UK company will focus on corporate IBM 370 accounts, mid-range users, and support services; the company has already moved staff from support to sales, and it doesn’t rule out closure of offices in its drive for more effective use of resources; the company was still unwilling to discuss possible job losses or the position of individuals at the company, and it denies that the high cost of servicing debt have any bearing on the restructuring.
