Unisys Is Bailing Faster

James A. Unruh vowed to "transform" ailing Unisys Corp. when he took over as chief executive 15 months ago. He shook up top management, scrapped the expansionist visions of predecessor W. Michael Blumenthal, and began cutting jobs and selling assets. But with sales diving all across the computer industry, drastic steps haven't been enough.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.