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January 6, 1988

MIGENT REDUCES ITS WORKFORCE BY 30%

By CBR Staff Writer

Ambitious software developer Migent Inc, Incline Village, Nevada, is having to draw in its horns to cut costs. It has cut its workforce by 20 people, 30%, in an attempt to streamline its organisation and according to president Carl Gritzmaker, the layoffs were primarily in finance and administration. Chuck Hamilton, chief of MI Software, Migent’s international affiliate, has been brought in as a management consultant to Migent Inc to aid in the reorganisation. Its planned flagship product is a relational database for 80386 micros code-named Emerald Bay, intended to obsolete Ashton-Tate’s dBase. Current products include In-House Accountant for Mac and MS-DOS, Ability Plus MS DOS integrated business pack, and a Pocket Modem.

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