Feeds

Borland cuts hit overseas ops

Losses narrow

Website security in corporate America

Borland Software has provided greater detail on where it expects the majority of its recently announced job cuts to fall, while announcing preliminary results for its first quarter.

The tools company, trying to re-position itself purely as a provider of application lifecycle management (ALM) software, said most of the 300 jobs cuts announced last week would be felt outside the US, in the 29 other countries in which it operates.

Chief executive Todd Nielsen told Wall Street analysts Borland is unable to afford the direct sales model required to push ALM under its current structure, and Borland would instead rely on a mix of channel and partners. He claimed Borland already has partnerships in place so the cuts, executed over the next few months, won't impact revenue.

Borland's chief executive said the cuts and a restructuring would result in a "focused, tight and efficient company targeting the enterprise." Executives will meet next month to assess opportunities in new markets and vertical sectors.

Also going, although it's not clear when, will be some 180 employees from Borland's 20-year-old tools business, which Borland said earlier this year it hoped to spin out. Borland claimed the spin out was "progressing quite well" having received a large amount of initial interest with a "number" of parties are engaged in due diligence.

Meanwhile, Nielsen announced revenue for the company's quarter to March 31 in excess of $69m and a reduced loss compared to the fourth quarter of fiscal 2005. He recommitted Borland to hit profitability during the fourth quarter of 2006.®

Choosing a cloud hosting partner with confidence

More from The Register

next story
'Windows 9' LEAK: Microsoft's playing catchup with Linux
Multiple desktops and live tiles in restored Start button star in new vids
Not appy with your Chromebook? Well now it can run Android apps
Google offers beta of tricky OS-inside-OS tech
New 'Cosmos' browser surfs the net by TXT alone
No data plan? No WiFi? No worries ... except sluggish download speed
SUSE Linux owner Attachmate gobbled by Micro Focus for $2.3bn
Merger will lead to mainframe and COBOL powerhouse
iOS 8 release: WebGL now runs everywhere. Hurrah for 3D graphics!
HTML 5's pretty neat ... when your browser supports it
Greater dev access to iOS 8 will put us AT RISK from HACKERS
Knocking holes in Apple's walled garden could backfire, says securo-chap
NHS grows a NoSQL backbone and rips out its Oracle Spine
Open source? In the government? Ha ha! What, wait ...?
Google extends app refund window to two hours
You now have 120 minutes to finish that game instead of 15
Intel: Hey, enterprises, drop everything and DO HADOOP
Big Data analytics projected to run on more servers than any other app
prev story

Whitepapers

Providing a secure and efficient Helpdesk
A single remote control platform for user support is be key to providing an efficient helpdesk. Retain full control over the way in which screen and keystroke data is transmitted.
Saudi Petroleum chooses Tegile storage solution
A storage solution that addresses company growth and performance for business-critical applications of caseware archive and search along with other key operational systems.
Security and trust: The backbone of doing business over the internet
Explores the current state of website security and the contributions Symantec is making to help organizations protect critical data and build trust with customers.
Reg Reader Research: SaaS based Email and Office Productivity Tools
Read this Reg reader report which provides advice and guidance for SMBs towards the use of SaaS based email and Office productivity tools.
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.