IDG Report Says Blue Coat to Lay Off 20 Percent of Staff

Even though Blue Coat Systems announced earlier today in a press release that it would effect a “net reduction in headcount of approximately 10 percent,” equating to about 145 to 150 personnel, Robert McMillan of IDG News Service is reporting that Blue Coat will lay off about 20 percent of its staff.

Pursuant to McMillan’s report, approximately 280 jobs will be slashed in the across-the-board layoffs, affecting marketing, sales, and engineering.

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