My first post for the first month of Y2009.
My company will be eliminating up to 5,000 positions in R&D, marketing, sales, finance, LCA, HR, and IT over the next 18 months, of which 1,400 will occur today (Jan 23rd). Our net headcount in these functions will decline by 2,000 to 3,000 over the next 18 months. In addition, our workforce in support, consulting, operations, billing, manufacturing, and data center operations will continue to change in direct response to customer needs.
A depressing news - nevertheless, it's reality we are now looking at in the current bleak economy situation.
Just keep fingers crossed on this.
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