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Canada Computes: A case study in survival: Corel made the right decision, analysts say

Sep 12, 2000, 11:29 (3 Talkback[s])


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"The software company's employees in Dublin, Ireland probably aren't pleased with Corel's budget cuts, but experts agree it's the latest in a series of smart moves."

"Late last week Corel Corp. said it had "identified" the $40 million US it needs to cut to survive - but is the company cutting flesh or fat?"

"During a press conference on Sept. 6, Corel's executives said the company would chop salaries, advertising, sales and "other general and administrative costs" in an attempt to reposition this beleaguered Canadian software company."

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