Update: news on Infor layoff on Dec. 9-10, 2008
: news on Sage layoff on Dec. 2, 2008
The enterprise software market, which has so far held up surprisingly well in the current economy, may finally be taking some hits. There are two back-to-back emails in my inbox this morning tipping me off on layoffs at Infor as well as Sage in the UK.
The first source, regarding Infor, reports that Bob Aldworth, SVP of Finance (Revenue) is now gone. Infor reportedly also laid off one-third of the distribution sales team and 12% of the CRM development team. He indicates that it is not clear "whether this is just business contraction or due to balance sheet issues from a delayed public offering."
The second source says that Sage in the UK recently "laid off a significant number of staff in their mid-market business (formerly Tetra.)" He claims that Sage is performing poorly among companies in the £1M-$100M space and is losing deals in this space to SAP, Microsoft, and others.
I do not have confirmation of these two items, although the first source is known to me and has connections within Infor.
These reports follow news of layoffs at Epicor in August. No word on reductions at SAP and Oracle, which appear to be holding up well so far. If you have news on other vendors, please let me know.Related postsMore layoffs at Epicor