Feeds

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

Workforce reduction via the pink and slippery slope

Designing a Defense for Mobile Applications

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. ®

The Power of One eBook: Top reasons to choose HP BladeSystem

More from The Register

next story
Apple fanbois SCREAM as update BRICKS their Macbook Airs
Ragegasm spills over as firmware upgrade kills machines
Auntie remains MYSTIFIED by that weekend BBC iPlayer and website outage
Still doing 'forensics' on the caching layer – Beeb digi wonk
Attack of the clones: Oracle's latest Red Hat Linux lookalike arrives
Oracle's Linux boss says Larry's Linux isn't just for Oracle apps anymore
THUD! WD plonks down SIX TERABYTE 'consumer NAS' fatboy
Now that's a LOT of porn or pirated movies. Or, you know, other consumer stuff
EU's top data cops to meet Google, Microsoft et al over 'right to be forgotten'
Plan to hammer out 'coherent' guidelines. Good luck chaps!
US judge: YES, cops or feds so can slurp an ENTIRE Gmail account
Crooks don't have folders labelled 'drug records', opines NY beak
Manic malware Mayhem spreads through Linux, FreeBSD web servers
And how Google could cripple infection rate in a second
prev story

Whitepapers

Designing a Defense for Mobile Applications
Learn about the various considerations for defending mobile applications - from the application architecture itself to the myriad testing technologies.
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.
Reducing security risks from open source software
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.
Boost IT visibility and business value
How building a great service catalog relieves pressure points and demonstrates the value of IT service management.
Consolidation: the foundation for IT and business transformation
In this whitepaper learn how effective consolidation of IT and business resources can enable multiple, meaningful business benefits.