Posted by: Shamus McGillicuddy
Brocade, Foundry, layoffs
Dan Raffo, over at our sister blog Storage Soup, reports that Brocade is cutting between 5% and 10% of its workforce today. Sources told Dan that the job cuts will come mostly from the storage side of the business rather than on the IP networking side, which made a big splash this week when IBM and Brocade announced that IBM would OEM Brocade’s Ethernet products. This is the first series of layoffs reported at Brocade since the storage networking vendor bought Foundry Networks last year.