EMC plans layoffs in wake of weakened outlook

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	EMC plans layoffs in wake of weakened outlook Data storage giant EMC will soon start handing out pink slips as part of a new restructuring effort prompted by a weakened financial outlook. Though it didn't specify how many staffers will be laid off, EMC said on Thursday that most of the job cuts will be made by the end of the first quarter, with the remainder completed by year's end. "The company will place priority on shifting impacted individuals to faster-growing areas of the business," said company spokeswoman Katryn McGaughey. EMC still expects to end 2015 with more employees than it had at the beginning, she added. The plan is expected to cost EMC between $130 million and $150 million.To read this article in full or to leave a comment, please click here Read More WHITE PAPER: OpenText Is ECM Just a Cost of Doing Business? This paper outline the finding of the most recent research commissioned by OpenText. From the results of extensive customer interviews with some of the world's best-known brands across a wide variety of industries, OpenText has uncovered a wealth of information about the ROI of ECM. Learn More In this Issue Now on CIO: 5 affordable hardware upgrades This tool may make it easier for thieves to empty bank accounts Facebook, Instagram restored after outage in many countries Facebook's Iowa data center goes modular to keep pace with growth WHITE PAPER: Attachmate Six Ways To Re-Think Your File Movement Strategies As organizations re-think their file movement strategies, they need better visibility over files and file movements, better management of file access, and better governance of file actions. Learn More Now on CIO: 5 affordable hardware upgrades Jazz up your system's storage, memory, networking and display without breaking the bank with this desktop PC upgrade guide. Read More This tool may make it easier for thieves to empty bank accounts Banks and payment services are in a constant fight to detect account fraud, employing sophisticated ways to detect abnormal activities. One of those ways is "fingerprinting" a Web browser, or analyzing its relatively unique software stamp. Read More WHITE PAPER: Riverbed Technology Securing Edge Data at the Center Data in branch and remote offices is subject to many threats. Data centers are built to secure data, but remote offices lack the same level defenses. It's now possible to eliminate the risks of branch office IT, consolidating servers and storage into the datacenter without sacrificing the benefits of having servers at the edge close to users. Learn more >> Facebook, Instagram restored after outage in many countries Facebook said the problems were its fault Read More Facebook's Iowa data center goes modular to keep pace with growth The traffic inside Facebook's data centers is growing so fast that the company's changing the basic architecture of its networks to keep up. Read More
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