TECHNOLOGY - Jan. 18, 1995
<i> Times Staff and Wire Reports</i>
Borland to Cut Work Force 40%: Borland International Inc. said it will reduce its work force by about 650 employees, as it continues to reduce costs and concentrate on a new segment of the software industry. The struggling Scotts Valley, Calif.-based software developer also said it will take an as yet-to-be-determined charge in the fourth quarter. Employees will be eliminated across all Borland operations. After the reductions, the company will have about 1,050 employees worldwide. Most of the cuts will be done by June, the company said. Borland, once the third-largest software company, has posted losses for three years because of high costs, competition with Microsoft Corp. and delayed products.
