Monday, November 03, 2008

Symantec plans layoffs as sales fall short

From The Register, October 31, 2008:

Symantec has announced plans to cut its wage bill by 4.5 per cent in a move likely to means hundreds of people will lose their jobs with the security and storage software firm.

Chief financial officer James Beer also detailed previously announced plans to outsource work done by its IT and finance departments during a conference call discussing disappointing financial results.

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