OTHER NEWS - Aug. 21, 1993
From Times Staff and Wire Reports
Job Cuts Hit Management Ranks: General Electric Co. and Ameritech Corp. announced the layoff of thousands of management employees in a continuation of America’s vast corporate restructuring. GE’s aircraft engines unit, headquartered in Cincinnati, said it is cutting 15% of its work force, or 4,000 management jobs. Ameritech, the Baby Bell based in Chicago, said it will let 1,200 to 1,500 managers go by the end of the year.
Inside the business of entertainment
The Wide Shot brings you news, analysis and insights on everything from streaming wars to production — and what it all means for the future.
You may occasionally receive promotional content from the Los Angeles Times.
