Wang Laboratories Inc will report a big net loss for its fiscal first quarter to September 30 and a smaller loss for the current quarter, president Richard Miller told the Wall Street Journal: he sees the company moving to break-even in the third quarter to report a small profit for its fourth quarter; analysts are going for a loss of anything from $30m to $70m, and Miller says the loss will fall into that range, and turnover will be down about 13% to something like $595m; on employment, Miller says that only 10,000 of the company’s current 24,500 employees are directly involved in research and development, manufacturing, selling or servicing products, and the remainder are simply checkers cheching checkers, so further cuts are likely.
