Also . . .
* Outboard Marine Corp., maker of Chris-Craft and other boats, said it will cut 1,000 jobs, or 14% of its work force, and has retained an investment banking firm to evaluate strategic options. The closely held company, a unit of Greenmarine Holdings, said further actions may be necessary if demand for marine recreational vehicles continues to weaken. Outboard also said problems with the supply of engine materials hurt operating performance.
* San Jose may be the No. 1 provider of jobs in the high-tech sector, but other U.S. cities are rapidly catching up. San Jose employs 252,900 people in industries ranging from computer and office equipment to semiconductor manufacturing, according to a study by the Nasdaq Stock Market and the American Electronics Assn. Boston was a close second with 234,800 high-tech jobs, followed by Chicago, Washington, D.C., and Dallas. Los Angeles, with 160,500 high-tech jobs, was ranked sixth in the 1998 figures.
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