Borland Canning 300 (20%): Implications for DevCo?
The other shoe is dropping.
This was inevitable; one of the "hard decisions" that Borland and DevCo had to face. Still no word on a buyer for DevCo.
"Most of the layoffs will come from a restructuring of Borland's international operations," says the wire and I don't take the news to be immediately devastating to the fortunes of either DevCo or Borland.
However, layoffs are always demoralizing and often shake loose the very people a company can least afford to lose.