CA to Cut 1,700 Jobs
CA Inc., the world's No. 2 maker of mainframe computer software, said it will cut about 1,700 jobs, or 11 percent of its workforce, after first-quarter profit tumbled.More here.
The cuts come on top of 1,600 reductions in the past two years as Chief Executive Officer John Swainson struggles to revive the former Computer Associates from a $2.25 billion accounting fraud.
posted by Fergie @ 8/14/2006 03:07:00 PM
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