JetFrom to reveal restructing details

Article Abstract:

Ottawa-based JetForm Corp. will release the details of its restructuring proposal as part of a major cost-cutting program. The plan will involve the elimination of 30-50 jobs, or 5% of workforce, to save C$4 million a year. JetForm will also write off up to C$17 million. The company has been spending more than 30% of its total revenues on sales and marketing, but revenues continued to decline, falling by 17% to C$23.7 million in the 3rd qtr 1997 ended Jan 31, 1999, from C$28.6 million in 3rd qtr 1997.

Canada, Financial management, JetForm Corp.

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Familiar face to lead Entrust

Article Abstract:

Entrust Technologies Inc. has appointed Bill Conner as its new chief executive. Conner is the former chairman of Entrust.

United States, Prepackaged software, Executive changes & profiles, Officials and employees, Computer software industry, Software industry, Appointments, resignations and dismissals, Chief executive officers, Entrust Technologies Inc., ENTU, Conner, Bill

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