Business to business e-commerce software vendor Commerce One has announced a restructure that will leave 1300 staff looking for work.
The vendor said it will make reductions in the payrolls for its professional services, marketing, sales and administrative staff. Emile Lee, public relations spokesperson for Commerce One in the Asia-Pacific region, said the cuts spread across all geographies and business units. He said it would be safe to presume there would be reductions in the Australian office, but refused to break down the numbers for Australia or the Asia-Pacific region as a whole.
In Australia, Commerce One's software runs exchanges such as Optus' MarketSite and corProcure, a B2B trading group.
At the end of May this year the company cut 360 of its 3600 worldwide staff after reporting a net operating loss of over $2 billion for the quarter ended June 30, 2001. With the further 1300 off the books, the vendor has almost halved itself within a matter of months.
Lee suggests the rounds of redundancies are something the staff are getting quite accustomed to. "The rationalisation is something we started last year to meet our goal of profitability," he said. "This is nothing new to the organisation."
Lee said the company will continue to make reductions, or hire staff for that matter, to meet the demands and needs of Commerce One customers.