DJM Retreats On Desktop, Staff Reassigned

DELIVERY TECHNOLOGIES

NEW YORK--In a further retreat from its ambitious plans for its Interactive Desktop, Dow Jones Markets is switching the system's emphasis toward casual users and away from the core trading market it was originally aimed at.

As a result, the company last week reassigned or laid off between 50 and 75 development staff who had worked on the system at Dow Jones Markets' Graybar Building location in midtown New York. The Interactive Desktop's product marketing manager, Phil Cenatiempo, has also le