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Tech Industry

Executive shuffles

Two top execs resign from EDS, Inprise's CEO and CFO step down, and about 850 employees at AOL and its newly acquired Netscape unit lose their jobs.

In board rooms across the industry, games of musical chairs are in full swing. Two top veteran execs resign from EDS, continuing an expected shuffling of high-level management at the IT services giant under new CEO Dick Brown, and Inprise's CEO and CFO are also moving on. Meanwhile, about 850 employees at America Online and its newly acquired Netscape unit lose their jobs.

Two top execs bid farewell to EDS
update Two top veteran executives resign from Electronic Data Systems, continuing an expected shuffling of high-level management at the IT services giant under new CEO Dick Brown.

Inprise CEO, CFO resign
update Inprise says its chairman and chief executive Delbert Yocam and chief financial officer Kathleen Fisher have resigned.

AOL, Netscape lay off 850
update About 850 employees at America Online and its newly acquired Netscape unit lose their jobs, the middle of the expected range.