SACK MORE BRITS, Symantec UK told by US supremos

Symantec UK bosses must redraft their master plan to layoff Brit workers – after their first proposal was rejected by the US top brass for not cutting far enough, sources claim.

As we reported a week ago, up to 1,700 employees worldwide – eight per cent of the total workforce – are expected to get the chop during June and July as Symantec restructures.

The American security software giant’s CEO Steve Bennett wants a revolution leaner organisation with fewer layers of management to reduce bureaucracy and speed up decision making; that’s part of the thinking, at least.

Hacking out a layer of middle management will also no doubt reduce costs for Symantec once the exceptional charges for restructuring are out of the way.

SOURCE: channelregister.co.uk