Emptoris Sends Out Pink Slips: Major Layoffs or Minor Workforce Changes?

Earlier today, I heard from a number of people that Emptoris had a significant layoff on Monday. But when I begun to dig below the surface, the facts turned out not to be as extreme as the rumors that were circulating at first. In no particular order, here are a few tidbits. First, it appears the net headcount reduction was somewhere between 30-40 people (taking into account the off-shoring of some positions). Second, the main areas which saw the most change were development, IT, support and professional services. And third, the changes might have felt larger to those close to it -- and might explain the rumors of a 25% reduction in headcount which are not true -- because of the movement of some jobs offshore. Personally, I share the same sentiments of one colleague who suggested this feels like "CFO housecleaning". Let's hope for the sake of the market that it's not a warning signal that Emptoris' much anticipated S-1 filing will be delayed into the second half of 2008 or 2009. What do you think? Drop me a line or post a comment to chime in.

Jason Busch

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