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Technology Stocks : Brocade Communications Systems,Inc. (Nasdaq-BRCD) -- Ignore unavailable to you. Want to Upgrade?


To: Brasco One who wrote (1418)4/10/2003 8:32:24 PM
From: Brasco One  Read Replies (1) | Respond to of 1583
 
FOR RIGHT AWAY ATTENTION:>>Computer data storage company Brocade Communications on Thursday announced its second job set of job cuts in two quarters, saying it had let go 115 workers.

The layoff, representing 9 percent of its employees, followed a 12 percent reduction in Brocade's workforce in the fiscal first quarter and reflects tough times for technology companies as customers waiting for the economy to improve cancel or postpone new investment.

The San Jose, California-based company which makes systems that tie together massive arrays of data storage said it aimed to "better align" its business model.