ny | Some jobs go to China in restructuring move DBA TELECOM announced lay- offs. in its North’ Vancouver - head office in-an effort to stem the com- pany's tide of red ink. By Jan Noble News Reporter Company president David .Bensted said the company has lost about $2 million in each of the last two fiscal years. “We've got to Make money,” he said. “You can’t go on losing money forever.” He said a recently announced corporate restructuring . will make the company profitable in the 1995 _ fiscal year, which ends Dec. 31. ‘"Fhat restructuring will see 11 local employees, including 1wo managers, being shown the door. Worldwide, DBA now has. 30 employees. DBA bilfs itself as a developer ‘and manufacturer of telecommuni- LL ONS GATE] HOSPITAL A Caring Community “<< Calendar . "For Persons with Cancer and ’ their Caregivers” _ Tuesday, March 28th _ ce 7:00-8:00 pm : “Shaw Cable 4— Show & Tell LLiveshow with GH stafffocusing, “on ‘cancer issues and support "programs. For further info., call Mary. Burgess | at. 984-3709. ‘Ongoing Coping with Cancer Group. meets every. Wednesday from 10-— 1lam:‘ at LGH Chemotherapy Clinic. For info., call Mona Rechner at 984-5831. : Heart Heath : ’ Wednesdays, 9:30— 11:30 am | LGH —2 West Lounge ‘ Ongingsctiesforthoselivingwith ‘angina and/or recovering from a heart arrack.: For info., please call " Pay Phillips at 984-5849. Headstart ‘Wednesday, April 12th «a 7200— 9:00 pm ~ LGH ~ Seminar RoomA Support group for anyone who hassustainedahead injury. Topic: Stress Management. For info., : veal Ellen Woodrowat 984-3742. Fibromyalgia f. « Self! ent Program f © Mon., April 24th — June 26th os 1:00~3:00 pm “LGH- Rehab Services Te Room Series of education sessions for ’ fibromyalgia patients. Physician's ° referral required. Fee: $183.00. For info, call Pamela Chen Pomeroy «. “at 988-3131, local 4427. "We're Listening! We encourage you to call our Patients’ Response Line and record your comments about ‘the care you've received, . ” Patients’ Response Line - 984- 3800 © 24 hours a day’ cations hardware and software prod- ucts designed to support and enhance intelligent network services such as Centrex. The company’s main product is the SmuarTalk telephone. DBA also announced plans to “significantly” reduce the physical size of its North Vancouver office to help achieve a 35% reduction in fixed overhead. Bensted stressed, however. that the firm would maintain research and development. marketing and a head office here. “The company itself is here and fully committed to staying on the North Shore,” he said. Shifting markets also prompted the local duwnsizing. B.C. used to "be the major market for the firm, but now DBA’s focus haus moved to sub- sidiaries in. the United States, Australia and the United Kingdom. Bensted said. Some of the lost jobs in North Vancouver came in the area of qual- ‘ity control. That task will mostly be per- formed at the company’s new plant in Zhuhai. China, enabling DBA to ship directly to customers in its main markets. ” Zhuhai is near Macao, On Murch 22, the day the restructuring steps were announced, the firm's Vancouver Stock Exchange, shot up from 46 cents to 54 cents. ; Bensted attributes the increase to the restructuring, an effort to make the firm better known, and a general rise in high-tech stocks. The stock originally waded at $1.50 when it went public in mid- he oy shares, listed on the “FINE CUISINE OF INDIA 2 for 1 Special Valid Sun. ~ Wed. Max. value Dinner $10 Lunch $5, 00— Dine in only not valid with any other offer Open 7 days RESTAURANT offer ends April 5/95 Sunday dinner only ety vr Fast fair claim settlements w Safe drivers pay less ¥ Completely independent Auto Insurance w Monthly payments gaa Royal Insurance Canada INSURANCE BROKERS est. 1906 - Mon.- Sat. 988-1148 You will NOT be receiving your Joy of Learning in the mail. Instead, you can easily. pick up the course calendar at many convenient North and West Vancouver locations. Please see below for a listing of Joy of Learning pick up locations. Starting March 25th, pick up the Joy of Learning at any of these ’ convenient locations including the Lucas Centre at 2152 Hamilton Ave. © B75’Marine Dr.” » Mohawk i). _.-« Shell Stations ws 1198 Marine Dr. Muffin Break .: WHY ARE WE MAKING CHANGES? Our commitment to the environment has motivated us to make this distribution change.. We want to make sure we have a positive impact on the environment in both utilization and disposal of the calendars. We hope you will do your part and recycle your Joy of Learning calendar at the end of the term.