Feeds

Borland cuts hit overseas ops

Losses narrow

Build a business case: developing custom apps

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.®

The essential guide to IT transformation

More from The Register

next story
Munich considers dumping Linux for ... GULP ... Windows!
Give a penguinista a hug, the Outlook's not good for open source's poster child
The Return of BSOD: Does ANYONE trust Microsoft patches?
Sysadmins, you're either fighting fires or seen as incompetents now
Microsoft cries UNINSTALL in the wake of Blue Screens of Death™
Cache crash causes contained choloric calamity
Time to move away from Windows 7 ... whoa, whoa, who said anything about Windows 8?
Start migrating now to avoid another XPocalypse – Gartner
You'll find Yoda at the back of every IT conference
The piss always taking is he. Bastard the.
HANA has SAP cuddling up to 'smaller partners'
Wanted: algorithm wranglers, not systems giants
prev story

Whitepapers

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.
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.
Top 8 considerations to enable and simplify mobility
In this whitepaper learn how to successfully add mobile capabilities simply and cost effectively.
Solving today's distributed Big Data backup challenges
Enable IT efficiency and allow a firm to access and reuse corporate information for competitive advantage, ultimately changing business outcomes.
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.