Borland Software to Cut Work Force by 300
An AP newswire article, via Yahoo! News, reports that:
Borland Software Corp. said Wednesday it will cut its work force by around 300 employees, representing about 20 percent of its regular full-time staff.More here.
The Cupertino, Calif.-based company, which makes database and application development software, said the majority of staff reductions will come from the reorganization of its international operations.
The job cuts, in conjunction with plans for geographic consolidation and the divestiture of its developer tools group, will yield annualized cost savings of around $60 million, the company said.
posted by Fergie @ 5/03/2006 10:00:00 AM
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