Costa Mesa, California-based optical disk-based document server builder FileNet Corp, which announced on Monday that it was taking $6.8m pre-tax restructuring charge (CI No 2,078), now says it plans to cut its total workforce of about 1,000 by between 10% and 15%, or 100 to 150 people. It says the cost is already covered in the projected fourth-quarter charges. The company blames hesitance of customers to sign up for new equipment, particularly in Europe, where Ing C Olivetti & Co SpA also markets the company’s systems. FileNet told Reuter that it will continue to invest in new products to meet the industry’s growing demand for open systems, and that the transition should be substantially complete by the end of this quarter, when it will begin shipping printers and scanners based on open systems. Neither the transition in hardware products nor the corporate restructuring will hit software products.
