Feeds

Borland cuts hit overseas ops

Losses narrow

5 things you didn’t know about cloud backup

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.®

Build a business case: developing custom apps

More from The Register

next story
Why has the web gone to hell? Market chaos and HUMAN NATURE
Tim Berners-Lee isn't happy, but we should be
Linux turns 23 and Linus Torvalds celebrates as only he can
No, not with swearing, but by controlling the release cycle
Apple promises to lift Curse of the Drained iPhone 5 Battery
Have you tried turning it off and...? Never mind, here's a replacement
Sin COS to tan Windows? Chinese operating system to debut in autumn – report
Development alliance working on desktop, mobe software
Eat up Martha! Microsoft slings handwriting recog into OneNote on Android
Freehand input on non-Windows kit for the first time
Linux kernel devs made to finger their dongles before contributing code
Two-factor auth enabled for Kernel.org repositories
This is how I set about making a fortune with my own startup
Would you leave your well-paid job to chase your dream?
prev story

Whitepapers

Implementing global e-invoicing with guaranteed legal certainty
Explaining the role local tax compliance plays in successful supply chain management and e-business and how leading global brands are addressing this.
Endpoint data privacy in the cloud is easier than you think
Innovations in encryption and storage resolve issues of data privacy and key requirements for companies to look for in a solution.
Scale data protection with your virtual environment
To scale at the rate of virtualization growth, data protection solutions need to adopt new capabilities and simplify current features.
Boost IT visibility and business value
How building a great service catalog relieves pressure points and demonstrates the value of IT service management.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?