Progress Software Lays off Workforce - BPM Engineers comparatively Safe
Last Week Progress Software laid off a number of people including some people from Senior Management. While this was pretty much seen coming given their Divestment in 10 core product lines, its sooner than expected. Layoff also included some Sales People who were working with the Non core product lines.
Some time back I had put in a post "Progress plans to Divest in Non core Product lines like Savvion - What does it mean to me?" which talked about the layoffs and who would be affected.
One trend that has been seen is that Engineering people from the Non Core lines like Savvion have not been affected much. It seems Progress understands the fact that if it does let go of Engineers who have built and maintain the product, they will never be able to sell it.
Sales people were let go primarily because with the announcement few weeks back, Progress literally choked the Sales pipe line. None of the customers who were evaluating Savvion would invest in it if the future was dicey.
Progress has still not made it clear as to who is going to buy Savvion. Lets hope it ends up in a good place.