Extreme Networks told the Securities and Exchange Commission yesterday that it is cutting more jobs.

The ethernet company is laying off five per cent of its staff. This is in addition to a one per cent cut earlier in the quarter. The company told the SEC it would spend $1.8m in severance payments and related costs - this is on top of $0.5m spent on earlier redundancies and shutting a facility.

Yesterday IBM confirmed it was cutting jobs in the US by a similar percentage.

The SEC filing is here. ®

Related stories

• More layoffs due at Yahoo! (15 April 2009)
• Pink slips at Big Blue (26 March 2009)
• Dell confirms more jobs cuts in EMEA (20 March 2009)
• Ingram Micro scales back in Nordic region (20 March 2009)
• IT feels the pain as US loses 651,000 jobs in February (6 March 2009)
• Office booze-up battered in CPW cutbacks (2 March 2009)
• Nortel to cut 3,200 workers (25 February 2009)
• HP begins selling pay cut plan to European workers (20 February 2009)