CA cans 900 workers
Says it's shedding duds
Computer Associates, the world's fourth largest software maker, will lay off 900 people, five per cent of its total staff.
President and CEO Sanjay Kumar said the company has changed its focus over the past twelve months towards security, storage and enterprise management, resulting in a need for different skills. It will also crop people whose performance are not up to scratch, he told the FT.
The axe will fall most heavily on mid- to upper-management and the cuts are effective immediately, he added. El Reg wonders how many fall into the "bad performers" slot.
This culling business ain't cheap, with the company spending $20 million to effect the changes, or a neat $22,222 (and some change) per person. ®