Dataproducts Corp, Woodland Hills, California will cut 400 jobs in the US over the next 12 months as part of a restructuring plan that involves cutting costs and expenses to improve current and future profitability – but which will cost one-time charges of about $45m. The company plans to sell its Dataproducts New England subsidiary in Wallingford, Connecticut, sell its properties in Woodland Hills, ending US manufacturing and doing it all in Dublin, Ireland and in Hong Kong. It will also make a special cash dividend to shareholders. It plans its major growth thurst to be into the non-impact end of the market with its solid ink printers.
