Feeds

RSA loses sales and security jobs in EMC restructuring

Corporate indigestion

Protecting users from Firesheep and other Sidejacking attacks with SSL

RSA Security is to scrap staff as part of a restructuring plan aimed at boosting efficiency across parent firm EMC.

The redundancies affect security researchers as well as sales and support staff across each of RSA's business units, according to reports. The layoffs are part of an ongoing restructuring process across EMC that may ultimately claim 2,500 jobs.

EMC acquired RSA for $2.1bn in 2006, a price that looked a tad expensive even at the time. The elimination of sales and support roles in acquired businesses is standard operating procedure. The reported redundancies of security researchers is more of a concern.

RSA's core two-factor authentication market is maturing. Although RSA remains a leader in the field with its SecureID tokens, it's under increasing competitive pressures. In response, RSA has diversified into areas such as anti-phishing services and the hot area of data-loss prevention, via its recent acquisition of Tablus.

It seems RSA's efforts to expand into adjacent businesses via acquisition may have led to a spot of indigestion, though EMC is keen to say the restructuring has always been on the cards.

Matt Buckley, head of public relations at RSA, told eWeek that the redundancies are not part of a downsizing strategy nor indicative of the overall health of its business. He added that attempts will be made to find displaced workers alternative jobs.

RSA's official statement sheds little extra light on the matter. A breakdown on where the job cuts might be occurring wasn't immediately available.

"[The] restructuring forms part of the plan that EMC announced back in Q4 2006, that it would consolidate some operations to deliver a more unified, cost-effective experience to customers — and to further the integration of the more than 20 companies that had been acquired within a three-year period," it said.

"We are still working toward completing the restructuring. In the meantime, both RSA and EMC continue to grow, and many employees whose jobs would have been impacted have found new positions within EMC." ®

The next step in data security

More from The Register

next story
Israeli spies rebel over mass-snooping on innocent Palestinians
'Disciplinary treatment will be sharp and clear' vow spy-chiefs
Infosec geniuses hack a Canon PRINTER and install DOOM
Internet of Stuff securo-cockups strike yet again
THREE QUARTERS of Android mobes open to web page spy bug
Metasploit module gobbles KitKat SOP slop
'Speargun' program is fantasy, says cable operator
We just might notice if you cut our cables
Apple Pay is a tidy payday for Apple with 0.15% cut, sources say
Cupertino slurps 15 cents from every $100 purchase
YouTube, Amazon and Yahoo! caught in malvertising mess
Cisco says 'Kyle and Stan' attack is spreading through compromised ad networks
Hackers pop Brazil newspaper to root home routers
Step One: try default passwords. Step Two: Repeat Step One until success
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
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.