IT Software Vendor, CA, to Cut 1,000 Jobs
Software management company CA will lay off 1,000 employees before the fall.
A recent filing with the Securities and Exchange Commission revealed CA's plans to restructure and lay off roughly eight percent of its workforce. CA says the layoffs are part of its Fiscal 2010 Restructuring Plan and added that it will also be closing some of its facilities as part of the plan.
"These actions are intended to better align the company's cost structure with the skills and resources required to more effectively pursue opportunities in the marketplace and execute the company's long-term growth strategy," CA said Tuesday.
The software vendor said actions listed as part of the Fiscal 2010 Restructuring Plan are expected to be mostly completed by the end of the second quarter of fiscal 2011. As a result of the layoffs, the company expects to incur a pre-tax restructuring charge of approximately $50 million. This includes severance costs of about $47 million and global facilities consolidation costs of approximately $3 million.

Or rather 5-10 Sr. board members/engineers who have offered to go under the ax for 2-3 million. And then another 990 call center dudes who will be lucky to get a CA coffee mug and a keychain out of the deal.
Or rather 5-10 Sr. board members/engineers who have offered to go under the ax for 2-3 million. And then another 990 call center dudes who will be lucky to get a CA coffee mug and a keychain out of the deal.
We actually have a demo for one of their products coming up. I don't see us going with it in light of this. Sorry, but if you can't run your company without firing almost 10% of the workforce, then I don't want your product in mine.
This shows poor planning and decision making skills and will most likely lead to piss poor product advancements and support. Yeah, let me just set my company up for that little bit of hell.
No thanks.
It isn't antivirus, if it doesn't stop virusses. Etrust doesn't stop anything - merely informs you that it failed to do so if it sees fit to inform about anything at all.
You are not looking at this the right way. A company that streamlines its operations in order to remain solvent is a company that you do want to do business with. They will still around in 5 or 10 years. Companies that try everything they can to not lay people off, and who basically forget that they are in business to make money, are the ones that do not survive in times like these. And when that happens, EVERYONE loses their job, not just a select 8%.
I understand the need to run an efficient company, but I have seen too often when a company trims too far and hits the bone, the end user gets the shaft.
Mob rule and heads on sticks looks to be more like the future than any thing else.
Agreed. Etrust is just plain god awful. I've seen computers infect with all sorts of things and Etrust didn't detect or prevent anything. Amazing part is that the program somehow managed to use 100% of the processor on late Intel Pentium 4 and early dual core models.
Let me say this... you are not looking this at the right way. If the leadership is there then they shouldn't be laying off people (or very very few). It is the poor decisions that the top makes that makes layoffs happen. It is common practice now a days. In my opinion, there are very few true leader in the corp. world. I have very little faith in them. They also keep you in the dark until that day... "Hey by the way, pack your bags". I have seen many times, myself included and also people who had extensive knowledge in the products as well. I can almost bet that everyone can say they know of somebody that has been laid off. Can you tell I don't like Corp. American, lol. Not the company itself but the people!!
If by the right qualifications you mean 15-20 years of experience, with every cert known to mankind, and a masters in electrical engineering to boot... sure.
*shrug* Maybe it's just my area. Getting an IT job here is definitely a battle.
Complete utter incompetence!
Check out dice.com. There are lots of different IT job openings.