Menu
CA cutting 1,000 jobs

CA cutting 1,000 jobs

CA is planning to cut about 1,000 jobs, or roughly 7.7 percent of its workforce, according to a document filed on Tuesday with the US Securities & Exchange Commission.

The plan will also involve the consolidation of facilities. CA will incur a pre-tax restructuring charge of about US$50 million in severance and other expenses, according to the filing.

The vendor also said its fiscal 2010 earnings would fall at the low end of a previously released range of $1.46 to $1.57 per share.

CA competes with BMC, IBM and Hewlett-Packard in the IT management software arena.

The cost-cutting moves announced on Tuesday follow a number of acquisitions by CA in recent months, including a US$350 million deal to buy IT performance monitoring vendor Nimsoft, which was announced in March.


Follow Us

Join the newsletter!

Or

Sign up to gain exclusive access to email subscriptions, event invitations, competitions, giveaways, and much more.

Membership is free, and your security and privacy remain protected. View our privacy policy before signing up.

Error: Please check your email address.

Tags cainternational news

Featured

Slideshows

The making of an MSSP: a blueprint for growth in NZ

The making of an MSSP: a blueprint for growth in NZ

Partners are actively building out security practices and services to match, yet remain challenged by a lack of guidance in the market. This exclusive Reseller News Roundtable - in association with Sophos - assessed the making of an MSSP, outlining the blueprint for growth and how partners can differentiate in New Zealand.

The making of an MSSP: a blueprint for growth in NZ
Reseller News Platinum Club celebrates leading partners in 2018

Reseller News Platinum Club celebrates leading partners in 2018

The leading players of the New Zealand channel came together to celebrate a year of achievement at the inaugural Reseller News Platinum Club lunch in Auckland. Following the Reseller News Innovation Awards, Platinum Club provides a platform to showcase the top performing partners and start-ups of the past 12 months, with more than ​​50 organisations in the spotlight.​​​

Reseller News Platinum Club celebrates leading partners in 2018
Meet the top performing HP partners in NZ

Meet the top performing HP partners in NZ

HP has honoured its leading partners in New Zealand during 2018, following 12 months of growth through the local channel. Unveiled during the fourth running of the ceremony in Auckland, the awards recognise and celebrate excellence, growth, consistency and engagement of standout Kiwi partners.

Meet the top performing HP partners in NZ
Show Comments