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Tough Year In Tech: 10 Crushing 2012 Layoffs

By Chad Berndtson CRN
4:00 PM ET Tue. Aug. 14, 2012
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Progress Software

Down in the niche markets of the software channel, Progress Software said in April it would divest 10 product lines and lay off 10-15 percent of its global workforce. That was the result of a five-month review undertaken by new CEO and President Jay Bhatt (left) following his joining the company in December 2011.

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