DJM Staffing Levels Reached Peak In '97 Ahead Of Cutbacks
SPECIAL REPORT
NEW YORK--Dow Jones Markets' prospectus reveals, according to those who have seen it, that the unit added around 1,000 employees between 1993 and 1997. The staffing increase accompanied a decline in screen counts and slowdown in annual revenue growth, not to mention a swing from a peak operating profit of $165.4 million in 1995 to an estimated operating loss of around $70 million in 1997.
The company ended 1997 with around 3,640 full-time employees, up 36 percent from 2,684 in 1993, according to
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