Salomon Loosens Control As Brain Drain Slows
MANAGEMENT AND STRATEGY
For months, Salomon Brothers Inc. has endured a steady exodus by members of its UNIX-expert staff. Now the firm has taken steps to stem the tide of centralization that has driven its technological initiatives for the past half-dozen years.
The firm has instituted accounting changes designed to discourage the development of new mainframe applications. At the same time, it is waging an internal campaign to get technologists to work more closely with the users. What's more, in response to demands
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