Feeds

'800lb Fibre Channel gorilla' Brocade axes 300 staffers worldwide

Workforce reduction via the pink and slippery slope

Build a business case: developing custom apps

SAN fabric leader and Ethernet networking wannabee Brocade is going to fire 300 people to cut costs as it realigns its resources towards data centres and software-defined networking.

The pink slip news was slipped out in an SEC 8-K filing (PDF) on 10 September. This should take its headcount from 4,180, to 3,880.

Stifel Nicolaus analyst Aaron Rakers said Brocade – aka the 800lb Fibre Channel gorilla – had pink-slipped 83 people in its July quarter.

Brocade is also consolidating its facilities to save costs long term. The redundancy and leasehold restructuring costs will be publicised in its fourth quarter fiscal 2013 results statement. That quarter finishes at the end of October.

Brocade wants to cut its expenses by $100m a year by the end of April 2014. Obviously it isn't – and can't be – growing its business fast enough to redeploy these people. Brocade, Emulex and Qlogic, the three SAN server connectivity kings of yore, are all in cost-cutting mode, and all three have changed CEOs in the last few months. SAN connectivity sure ain't what it used to be. ®

Boost IT visibility and business value

More from The Register

next story
Sysadmin Day 2014: Quick, there's still time to get the beers in
He walked over the broken glass, killed the thugs... and er... reconnected the cables*
Auntie remains MYSTIFIED by that weekend BBC iPlayer and website outage
Still doing 'forensics' on the caching layer – Beeb digi wonk
SHOCK and AWS: The fall of Amazon's deflationary cloud
Just as Jeff Bezos did to books and CDs, Amazon's rivals are now doing to it
VVOL update: Are any vendors NOT leaping into bed with VMware?
It's not yet been released but everyone thinks it's the dog's danglies
BlackBerry: Toss the server, mate... BES is in the CLOUD now
BlackBerry Enterprise Services takes aim at SMEs - but there's a catch
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.
The Essential Guide to IT Transformation
ServiceNow discusses three IT transformations that can help CIO's automate IT services to transform IT and the enterprise.
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.
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.
Build a business case: developing custom apps
Learn how to maximize the value of custom applications by accelerating and simplifying their development.