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Wednesday, December 10, 2008

Infor layoffs, Dec. 2008

A Spectator reader reports that Infor is in the process of laying off 400 people worldwide, December 9-10. He writes, "I made it through over 10 years, and several acquisitions. Time to say goodbye!"

I emailed this information to Infor, which responded with a written confirmation:
Infor is undergoing a net headcount reduction of approximately 5% of its workforce, which is significantly less than its primary competitors. Like many companies, Infor is aligning its workforce to reflect the realities of the global economy. At the same time, Infor is accelerating several strategic business initiatives to keep pace with its innovative product strategy, increase efficiencies and improve the services it offers to customers. Infor is a healthy, profitable company and these actions position it for exceptional growth when the economy recovers.
Infor is not alone among enterprise software vendors in making headcount reductions, of course. Epicor, Sage, Consona, Lawson, and Oracle have taken similar actions in recent weeks.

If you have additional information regarding Infor's action--e.g. what functions have been affected--or layoffs at other vendors, email me or leave a comment on this post.

Related posts
Sage layoff in North America
Consona layoff
Layoffs at Lawson
Oracle layoffs, Nov. 2008
Fresh round of layoffs at Epicor

by Frank Scavo, 12/10/2008 08:40:00 AM | permalink | e-mail this!

 Reader Comments:

Any indication where these cuts are directed? Is there any particular department or discipline that is catching the brunt of these cuts?
The layoff is scheduled just after the quarter end of Infor. 5% of the total headcount is not many, considering current tough economic conditions
I've heard a couple of rumors. One is that 100 Professional Services staff is being let go. Another is that 5% (450) is a low estimate and the number is closer to 800 employees
Can anyone confirm the previous comment?
The lay off covered closer to 10%, but they are realliging and adding back 5% in other areas. The 5% is a net difference after the layoff and planned hires.

Wonder where the IPO stands now!!
People always hate to talk about when they are laid off. But as it has become every day's news headline since Yahoo started it with cutting 1500 of its task force last year, now a need of platform has been in demand where people can express their selves in words how they are feeling about their company, whey the got laid off was that justified or not.
And every thing they want to tell anonymously.And www.layoffgossip.com is providing you that platform.
I have a very close friend, who graduated from Harvard. Worked for ML for over 8 years, recently he’s been “right sized” too, despite of his outstanding performance and the increasing revenue he generated. OMG, now the banking industry is badly hurt, how long it would take for those financial background guys like him get back to the job market. Banking jobs are not there as much as before as easily seen on http://www.joboutlets.com and other job sites in the region
People always hate to talk about when they are laid off. But as it has become every day's news headline since Yahoo started it with cutting 1500 of its task force last year, now a need of platform has been in demand where people can express their selves in words how they are feeling about their company, whey the got laid off was that justified or not.
And every thing they want to tell anonymously.And www.layoffgossip.com is providing you that platform.
Infor again laidoff 3% of its PS across global offices, today, 29th Jan 09
Infor is a horrible place. My former company got bought by Infor and I left quickly thereafter because I could not stand the culture. Although I am glad that I left on my terms, I feel bad for my former coworkers that were let go yesterday.
yup, there was a layoff on 29th Jan. In some departments in PSO , it was more that 3%.
It seems that if you are on bench for a short time, since there is no pipeline, you will be axed soon. that means there is no new business coming their way and they want to conserve cash.
The odd thing about the initial layoff in December of 2008 is that within a few weeks of the announcement, they brought on at least one Senior VP. Now, with the layoff at the end of January, did they bring in another high salary at the expense of the "average Joe worker" who lives paycheck to paycheck?
Last week, again Infor laidoff few guys from PSO USA, in the name of restructuring.
From one who's still here at Infor - pay attention to the 'restructuring' remark more than the layoff percent. We did indeed lose closer to 10% over all, but at the same time, they hired a significant number of people in key areas. One of those key areas is Sales, which is logical, considering the economy. They need new sales and they need to keep the customers they have. If not, they won't need any of us.
I believe that Workbrain in Toronto took a large number of redundancies. My buddy who used to work in R&D says that most of R&D have gone. They cannot develop new releases instead of just doing support. But then again, Infor just take Maintenance anyways, so no news there.
Those who are there at Workbrain R&D are also leaving. Recently I heard 3-4 Sr Managers are asked to go, but it appears from out side that they are leaving the company. Funny part is these Sr Mnagaers are going to Infor's competetor. The young guys who are laid off couple of months ago are still strugulling...
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