Slashdot Mirror
Corel Cuts 220 Jobs to Save $12M
Cecil writes "Just saw this story on the City of Ottawa's website:
'The Software maker Corel Corp. is cutting 220 jobs - more than a fifth of its workforce - in a bid to reduce costs and return to profitability amid weak technology spending.'" Of course, this stinks for those who are laid off, but hopefully Corel can turn things around.
That isn't the city of Ottawa web site, thats a local news web site. If you want the City Of Ottawa's web site, check out http://www.city.ottawa.on.ca/
Corel used to hold a huge share of the market with products like Corel Draw. Now, Adobe Illustrator and Macromedia Freehand fill that niche. Corel is dying. I think Corel Linux was their swan song, now it's just a wait until they finally go under.
Since I live in Ottawa, I can correct two errors in the story:
1. ottawa.com does not belong to City of Ottawa. It belongs to GlobalWest Communications Corp., as well as canada.com and many other similar domain names.
2. Slashdot crew, update the Corel logo!
Lets see. Factor in the exchange rate, and you're down to $35,000US a year. Then when you remember that the annual cost of an employee is alot more than their base salary alone. Typically youy can assume that an employee costs about twice his salary, with taxes, overhead, benefits, etc. Now we're down to 17,500 roughly. That's $8.75/hr.
The Starbucks the next block over, is hiring Barista's for $9.
"Politicians are interested in people. Not that this is always a virtue. Fleas are interested in dogs." P.J. O'Rourke
There was that big hullaballoo over the government going for Office rather than Corel's offering. They yanked the civil servant responsible for the decision off his fishing holiday to explain why he wasn't buying Canadian.
To which the servant coldly replied that their demo crashed multiple times and their products simply didn't do what the contract required. Whereas Microsoft showed up to their demo on time, prepared, with working products that met the requirements. Any questions? Have a good day.
Dude, Corel tried to GIVE away Corel Office to every city government in the Ottawa area. ALL of them turned it down in favor of BUYING office. Waving the flag doesn't sell a crap product.
--- Jump!! Fire!! Bullet time!! - Lego version of the Matrix
Degaussing scares the bad magnetism out of the monitor and fills it with good karma.
Siemens in Germany is laying off ten thousands of workers; the whole telecommunication biz in Germany is on the ground. So why are a couple of hundred workers at Corel are worth a headline at /.?
Nobody is talking about the thousands at Marconi, Alcatel, AT&T, Siemens, name a company.
Sorry, i might be a bit pissed of, but sometimes i don't get the point about selective recognition.
Alex.
You look like a million dollars. All green and wrinkled.
WordPerfect's current version is 10, and the beta for 11 is coming out soon. It is quite stable, still has Reveal Codes, still has myriad advantages over Word, and can publish to PDF natively.
TANSTAAFL