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ERP stalwart JD Edwards has laid off 400 people as part of its company revitalisation plan as the firm struggles to return to profit.
Published: 4 May 2001 17:17 BST
In announcing preliminary results, CEO Ed McVaney said JD Edwards has recovered better than expected and was reporting earnings above expectations.
The company now thinks revenue will be as much as $215m for the quarter, but made no predictions as to whether it will get into the black. The 400 lay-offs - representing eight per cent of staff - are part of a wide-ranging cost reduction scheme.
In January JD Edwards reported a net loss of $4.4m on revenue of $218m, six per cent down on the previous year.
There will be international travel involved in this role JD Edwards, JDE(Computer Futures Solutions Limited acts as an Employment Agency and an ...
JD Edwards support analyst required by leading blue chip. You will be responsible for supporting multiple users in all modules of JDE software, ...
Good knowledge of digital content and consumer trends - Ability to sell at CTO and Board level - Experience of closing deals ranging in size from ...
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