Friday, March 27, 2009

i2 layoffs underway, March 2009

I just got word from a Spectator reader, who is known to me, that layoffs are underway at i2. There's no news on the i2 website, no news on the wire, nothing on the blogs or Twitter. But the reader is in a position to know.

He reports that layoffs have hit "lots of senior talent" over the past few weeks.

i2 has been in a tough position since December, when JDA called off the merger it announced with i2 back in August 2008. At the time JDA did not disclose any information about why it canceled the deal. However, it did announce in November that it needed more time to secure financing, leading to speculation that the global credit crunch might force JDA to pull out.

I have attempted to contact i2 by phone and email to get confirmation and further insight but have not yet heard back. I will update this post if and when I do learn more.

In the meantime, if you have information please feel free to leave a comment or to contact me by email.

Update, Mar. 30. No response to an email and a voice message to i2's public relations representative.

Related posts
JDA calls off merger with i2
JDA to acquire i2, creating major SCM player
i2 forms committee for possible sellout
Pro-sellout shareholder of i2 elects second board member
Major i2 shareholder calls for sale of i2
i2 seeks patent license shake-down fees
Former i2 CEO learns crime does not pay
i2 innovates with hosted vendor-managed inventory services
SAP: If you can't beat 'em, sue 'em
i2 kills off its SRM business
i2 fires 300, struggles to refocus

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