After founder returns to the helm, entertainment technology company lays off 47 as part of companywide restructuring. Order processing and customer service provider shuffles management to boost business. Plans to divest business unit hurt reorganization plans as TeraForce must seek new buyer, slash subsidiary's operations. Fiber optic network operator cuts staff as part of effort to solidify business after period of aggressive growth. Flat funding market forces pawn shop operator to streamline operations, curtail growth plans.
Company closes Dallas office.
After pulling IPO, the local telephone competitor looks for ways to turn a profit sooner. Texas, Alabama centers affected. Inc. All Rights Reserved.