Feeds

RSA loses sales and security jobs in EMC restructuring

Corporate indigestion

Using blade systems to cut costs and sharpen efficiencies

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." ®

Boost IT visibility and business value

More from The Register

next story
Secure microkernel that uses maths to be 'bug free' goes open source
Hacker-repelling, drone-protecting code will soon be yours to tweak as you see fit
14 antivirus apps found to have security problems
Vendors just don't care, says researcher, after finding basic boo-boos in security software
How long is too long to wait for a security fix?
Synology finally patches OpenSSL bugs in Trevor's NAS
Israel's Iron Dome missile tech stolen by Chinese hackers
Corporate raiders Comment Crew fingered for attacks
Roll out the welcome mat to hackers and crackers
Security chap pens guide to bug bounty programs that won't fail like Yahoo!'s
HIDDEN packet sniffer spy tech in MILLIONS of iPhones, iPads – expert
Don't panic though – Apple's backdoor is not wide open to all, guru tells us
Researcher sat on critical IE bugs for THREE YEARS
VUPEN waited for Pwn2Own cash while IE's sandbox leaked
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.
Consolidation: The Foundation for IT Business Transformation
In this whitepaper learn how effective consolidation of IT and business resources can enable multiple, meaningful business benefits.
Application security programs and practises
Follow a few strategies and your organization can gain the full benefits of open source and the cloud without compromising the security of your applications.
How modern custom applications can spur business growth
Learn how to create, deploy and manage custom applications without consuming or expanding the need for scarce, expensive IT resources.
Securing Web Applications Made Simple and Scalable
Learn how automated security testing can provide a simple and scalable way to protect your web applications.