Ecologist mean
Today, we announced a restructuring enabling us to optimize our cost base in lower growth areas of our portfolio and further invest in key priority areas such as security, IoT, collaboration, next generation data center and cloud. We expect to reinvest substantially all of the cost savings from these actions back into these businesses and will continue to aggressively invest to focus on our areas of future growth. The restructuring will eliminate up to 5, positions, representing approximately 7 percent of our global workforce, and we will take action under this plan beginning in the first quarter of fiscal While the company has made it clear about the layoffs, speculation was rife earlier during the day with a CRN report pegging the extent of proposed layoffs at 14K., ...1
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