Tuesday, January 13, 2009

Borland laying off 130 employees; CEO resigns

From Austin Business Journal, January 7, 2009...

Borland Software Corp. is cutting 130 employees from its ranks as it shuffles executives and lowers its revenue expectations for the most recent quarter.

The Austin-based open application software maker said late Tuesday it will lay off about 15 percent of its staff, or 130 workers, with most of the cuts happening by the end of March.

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