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Management shake-ups hit Emachines, Sega, Corel

Reasons for executives defections range from sagging profits to imminent layofffs.

 

  latest developments 

Sagging profits, the promise of greener pastures and looming layoffs spur executive departures at some leading companies.

"The problem is that you do lose the good people."

- Bluestone Capital Partners analyst Jean W. Orr

 


Emachines financial chief resigns
The low-cost computer maker says financial chief Steven Miller will resign, while the company's stock sinks close to a 52-week low.

Sega president steps down amid mounting losses
The company executive steps down after the home video game maker reports its third annual loss in a row, despite a 27 percent jump in sales.

Corel workers jump ship ahead of layoffs, cost-cutting
Employee morale is slumping, and several senior executives are leaving as struggling Canadian software developer Corel readies its cost-cutting plan.