BMC Software cut 350 jobs, including 50 here in Houston By BRAD HEM Copyright 2008 Houston Chronicle Dec. 5, 2008, 12:03PM
BMC Software will cut 350 jobs, including 50 in its hometown of Houston, by the end of the month, the company said today in a regulatory filing. The cuts are expected to cost the company $18 million to $23 million in severance and other termination costs, which will be booked in the third and fourth quarters of 2009, BMC said. Company leaders committed to make the cuts on Nov. 20 and notified employees this morning. The layoffs will hit a variety of types of workers in several countries where the company operates. The company has about 1,100 workers in Houston and about 5,900 worldwide. BMC said future work force reductions may be needed if global economic conditions continue to deteriorate. [EMAIL PROTECTED] _______________________________________________________________________________ UNSUBSCRIBE or access ARSlist Archives at www.arslist.org Platinum Sponsor: www.rmsportal.com ARSlist: "Where the Answers Are"
