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Corel Cuts 220 Jobs to Save $12M

Posted by ryuzaki0 on from the working-to-stay-afloat dept.

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.

1 of 294 comments (clear)

  1. Re:Two corrections by dzym · · Score: 1, Offtopic

    First get them to fix the US flag. :)