Turmoil Led To Brain Drain For Salomon's I.T. Group

MANAGEMENT AND STRATEGY

Further news of I.T. department unrest at Salomon Brothers Inc. has emerged in the wake of the firm's decision to remove Mitsuo Kurobe as global technology chief a matter of months after it had put him in place (TST, Feb. 19). On top of the 40 dismissals (out of a total 800 New York tech staff) attributed to Kurobe himself, the firm has seen a notable voluntary exodus--not only during Kurobe's brief tenure, but also going back to the last days of long-time New York CIO Peter Bloom.

The most

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