View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. Technology
October 23, 1995

PLATINUM SOFTWARE HACKS IN US, UK TO STEM GROWING LOSSES

By CBR Staff Writer

With estimated losses of up to $4.3m for the 1996 first fiscal quarter after a string of losses in recent quarters, Irvine, California-based financial applications house Platinum Software Corp is looking to cut over 100 of its staff worldwide, today’s Unigram.X hears. An early casualty in the clear-out is Platinum UK, which is rumoured to be losing over half of its staff, including its managing director Phil Edwards. A spokesman for the Irvine, California company claims Platinum UK will have 15 primarily channel managers remaining in its operation. As we went to press Platinum was said to have its development department in its sights, with one of the first US casualties thought to be Dan Santell, its head of research and development.

Topics in this article :
Websites in our network
Select and enter your corporate email address Tech Monitor's research, insight and analysis examines the frontiers of digital transformation to help tech leaders navigate the future. Our Changelog newsletter delivers our best work to your inbox every week.
  • CIO
  • CTO
  • CISO
  • CSO
  • CFO
  • CDO
  • CEO
  • Architect Founder
  • MD
  • Director
  • Manager
  • Other
Visit our privacy policy for more information about our services, how New Statesman Media Group may use, process and share your personal data, including information on your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.
THANK YOU