Desktop publishing software specialist Aldus Corp, Seattle, Washington is cutting its US workforce by 11% or about 100 employees as part of a restructuring to bring costs in line with revenues: a spokeswoman for the company told Reuter that Aldus will record a restructuring charge in the third quarter, but has not yet determined the […]
Desktop publishing software specialist Aldus Corp, Seattle, Washington is cutting its US workforce by 11% or about 100 employees as part of a restructuring to bring costs in line with revenues: a spokeswoman for the company told Reuter that Aldus will record a restructuring charge in the third quarter, but has not yet determined the amount; We have no plans at present for future layoffs, but we are monitoring the situation closely to try to keep a balance between costs and revenues, she said; analysts were not overly impressed, saying that the move will cut costs but will not solve problems related to increasing competitive pressures, with one noting that those that spend $1,200 on a computer don’t pay $500 more for an application.
