Attachmate cuts 10% of staff |
Register here for our next TechFlash Live networking event, March 23, featuring an expert panel discussing the future of online advertising.
Attachmate cuts 10% of staff
Attachmate today laid off 10 percent of its staff, or 120 employees, as the software company adjusts to the growing economic problems. Company spokeswoman Melissa Liton did not immediately have information on the number of workers affected at the Seattle headquarters, though she said cuts occurred across most of the divisions and offices. “The reductions were necessary to ensure Attachmate maintains a healthy financial structure during this difficult and uncertain economic climate,” said Liton.
With the economic storm clouds darkening, a number of technology companies have cut staff in recent weeks. In Seattle, The Cobalt Group, RealNetworks and Marchex have all scaled back operations. Rumors have also circulated that Microsoft -- the anchor of the Seattle tech community -- may be preparing for a layoff later this month.
Attachmate is one of the region's oldest and largest software companies, developing products that help organizations easily access information on mainframe computers. In 2005, Bellevue-based Attachmate and Seattle-based WRQ merged in a deal that brought the two rivals together after two decades of competition. At the time, the combined company had about 950 workers and $200 million in annual sales. A year later Attachmate (it dropped the WRQ name) paid $495 million for NetIQ.
In a strange episode last year, Attachmate Chief Executive Jeff Hawn pleaded guilty to criminal mischief and cruelty to animals charges for leading a hunt that killed 32 bison on and near his ranch land in Colorado.
About John Cook
John Cook is co-founder and executive editor of TechFlash. He has been covering the technology beat for nearly a decade, writing about startups, entrepreneurs and venture capital, most recently serving as a reporter/blogger at the Seattle Post-Intelligencer.
READ FULL BIOGRAPHYRecent Sponsor Posts
Seattle University Software Engineering
Chinwe Okeke (MSE’08) pursued her graduate degree while working as a developer and technical analyst for the Boeing Company. She picked the SU-MSE program for small class sizes and real world learning opportunities offered through the academic service-learning and capstone projects.
The MSE program at Seattle University is geared for working professionals with classes offered in the evenings. The program builds upon the computing experience of its students and offers courses in a variety of technical and management areas of software engineering, with an emphasis on teamwork and a disciplined approach to problem solving.
Marchex is one of Seattle’s largest ad technology companies with 300+ employees providing call and click based performance marketing products, and managing over $100m in ad budget for tens of thousands of advertisers. Our customers range from local businesses to the Fortune 500.
Our talented and creative product engineering group is hiring.
If you are an innovative software design engineer interested in solving difficult problems at scale, across a wide array of technologies from Lucene to Hadoop to Asterisk and SIP then we’d love to hear from you!
Apply now.
Technology Tax Planning – Did You Take The Deduction?
Technology companies require professional advisors who can assist in all aspects of the business. The BDO Technology Practice provides a full range of services tailored to help address the changing needs of domestic and international companies. In addition to core audit and tax services, BDO professionals can assist technology companies with:
· Revenue recognition
· Business combination accounting
· R&D tax credits
· Compensation and benefits
· Business valuations
Backed by 38 national offices and an international network in 110 countries, we have the domestic and global footprint to serve growing technology companies. Contact sphilpott@bdo.com (audit partner), mreeves@bdo.com (audit partner), psmith@bdo.com (tax partner), tzambito@bdovaluation.us.com (valuation), tfiscus@bdo.com, Director, 206.624.2020
Job Listings
- LEAD SDET, Mobile Device Strategy and Commercialization - 705105
- Microsoft Corporation
- Sr. SDE - 712257
- Microsoft Corporation
- Principal SDE - Software Development Engineer - External - 704722
- Microsoft Corporation
- Software Development Engineer - Display Advertising
- Business Services Company
- Principal IT / OPS Program Mgr - 711209
- Microsoft Corporation
