I sent this on Friday > ______________________________________________ > From: Sanford, Claire > Sent: Friday, December 05, 2008 1:13 PM > To: '[email protected]' > Subject: OT-BMC Software cut 350 jobs, including 50 here in > Houston > > BMC Software cut 350 jobs, including 50 here in Houston > > By BRAD HEM Copyright 2008 Houston Chronicle > Dec. 5, 2008, 12:03PM > > > BMC Software will cut 350 jobs, including 50 in its hometown of > Houston, by the end of the month, the company said today in a > regulatory filing. > > The cuts are expected to cost the company $18 million to $23 million > in severance and other termination costs, which will be booked in the > third and fourth quarters of 2009, BMC said. > > Company leaders committed to make the cuts on Nov. 20 and notified > employees this morning. The layoffs will hit a variety of types of > workers in several countries where the company operates. The company > has about 1,100 workers in Houston and about 5,900 worldwide. > > BMC said future work force reductions may be needed if global economic > conditions continue to deteriorate. > > [EMAIL PROTECTED]
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