EMC fires hundreds, not cutting costs
Storage industry leader EMC confirmed it has dismissed hundreds of workers, but the company said the move was part of a stringent and ongoing employee review process and doesn't indicate that it's looking to reduce internal costs.
EMC officials wouldn't specify the number of employees who were let go beyond saying that "several hundred" workers lost their jobs. But company spokesman Mark Fredrickson said the across-the-board cuts reduced EMC's 24,000-person workforce by less than 3 per cent, which means that as many as 700 people could have been affected.
EMC Australia will not face any staff cuts, according to a company spokesperson.
J.D. Edwards shakes up management
Business applications vendor J.D. Edwards last week warned that it expects to report a loss for its fiscal first quarter and said it's bringing in a new chief operating officer, in addition to another executive, who will take over direct responsibility for the company's marketing activities.
J.D. Edwards projected a loss from "normalised operations" of up to 2 US cents per share during the quarter, ended January 31, on revenue of $US208 million to $218 million. That's down from $232 million in the same period a year ago, when the company reported a net profit of $3.6 million before accounting for some acquisition-related costs.
Oracle revs up app server for market placeOracle has announced the latest version of its Oracle9i Application Server, which the company claims eliminates the need for costly middleware integration and includes enhancements for business intelligence and wireless support.
Downloads of Oracle9iAS from the company's developer community Web site reached 370,000 in December, the company said.
Oracle9i Application Server costs $US5 per Universal Power Unit (UPU) for the standard edition, $30 per UPU for the enterprise edition and $150 per UPU for the wireless edition.
Nuance launches text-to-speech software
Speech recognition software vendor Nuance has announced a line of text-to-speech software products called Nuance Vocalizer. Users will be able to listen to a human-sounding voice read e-mail, driving directions and other items. Pricing and availability are not yet available.