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EMC cuts 2,400 jobs (Larry Dignan/Between the Lines)

January 7th, 2009 by

Larry Dignan / Between the Lines:

EMC cuts 2,400 jobs  —  EMC said Wednesday that it will lay off 2,400 workers, or 7 percent of its workforce, as an effort to cut $350 million in costs in 2009 and $500 million in 2010.  —  The company also added in a statement that its fourth quarter revenue will be $4 billion, up 4 percent from a year ago.

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