back to article Software biz Advanced set to lay off 6% of its workforce, blames that virus

Brit-based software biz Advanced has confirmed to The Register it is trimming the workforce in response to the commercial impact of COVID-19, with 150 people understood to be leaving the organisation. The affected individuals, around 6 per cent of the headcount at Advanced, entered into consultation process on 1 July and are …

  1. Doctor Syntax Silver badge

    Maybe devs were 6% more productive without meetings and managers interrupting them.

  2. adam payne Silver badge

    Vista Equity has a policy of moving the domicile of its investee companies offshore so it's not possible to track financials."

    Keep the bad news hidden and the share price up.

  3. Securitymoose
    FAIL

    I blame the pandemic

    For having a useless management team, and no forward planning.

  4. Anonymous Coward
    Anonymous Coward

    Incompetence at it's best

    Nothing screams "we know what we're doing" more than completing a purchase of another company during lockdown and then immediately planning redundancies for the entire company.

    So many other companies are stepping up and for once worrying more about people than profit, Advanced clearly isn't working from the playbook of decency and common-sense.

POST COMMENT House rules

Not a member of The Register? Create a new account here.

  • Enter your comment

  • Add an icon

Anonymous cowards cannot choose their icon

Biting the hand that feeds IT © 1998–2020