BMC Denies New Layoff Rounds - InformationWeek

InformationWeek is part of the Informa Tech Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them.Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

IoT
IoT
News
News
6/30/2005
02:32 PM
50%
50%

BMC Denies New Layoff Rounds

BMC Software has denied that a new round layoffs is in the pipeline.

BMC Software has denied that a new round layoffs is in the pipeline.

During the Houston software vendor's Wednesday earnings call for its fiscal fourth quarter, President and CEO Bob Beauchamp said headcount reductions would continue over the next two quarters.

What Beauchamp did not say is those layoffs had been announced previously. According to Chuck Stern, vice president of worldwide marketing and communication at BMC, the company will lay off "between 20 to 55 people in Europe and other countries where labor laws" limit the number of people that can be laid off at one time.

In April, BMC said it would cut headcount by about 900 employees. The employees who will lose their jobs during the next two quarters are part of the restructuring announced in April, Stern said.

"There are no statements we will make forward looking, yes or no," Stern said, when asked to say definitively whether additional layoffs will occur in the coming two quarters. "There will probably be a little attrition. But no further restructuring plan."

We welcome your comments on this topic on our social media channels, or [contact us directly] with questions about the site.
Comment  | 
Print  | 
More Insights
2020 State of DevOps Report
2020 State of DevOps Report
Download this report today to learn more about the key tools and technologies being utilized, and how organizations deal with the cultural and process changes that DevOps brings. The report also examines the barriers organizations face, as well as the rewards from DevOps including faster application delivery, higher quality products, and quicker recovery from errors in production.
Slideshows
10 Top Cloud Computing Startups
Cynthia Harvey, Freelance Journalist, InformationWeek,  8/3/2020
Commentary
How Enterprises Can Adopt Video Game Cloud Strategy
Joao-Pierre S. Ruth, Senior Writer,  7/28/2020
Commentary
Conversational AI Comes of Age
Guest Commentary, Guest Commentary,  8/7/2020
Register for InformationWeek Newsletters
Video
Current Issue
Special Report: Why Performance Testing is Crucial Today
This special report will help enterprises determine what they should expect from performance testing solutions and how to put them to work most efficiently. Get it today!
White Papers
Slideshows
Twitter Feed
Sponsored Live Streaming Video
Everything You've Been Told About Mobility Is Wrong
Attend this video symposium with Sean Wisdom, Global Director of Mobility Solutions, and learn about how you can harness powerful new products to mobilize your business potential.
Sponsored Video
Flash Poll