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Source: News.com “We’re reducing (our) head count cost by 5 percent,” Martin said. She declined to say how many employees would be affected by the layoffs. Symantec employs about 17,500 people worldwide. After a disappointing quarter for its enterprise business, Symantec in January said it would cut costs by $200 million to align its expenses with its revenue expectations. To achieve that target, the company said it would trim its workforce, reduce new hires, consolidate facilities and cut spending on contractors, consulting and travel.
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