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Apr 5 2010   4:05PM GMT

Symantec starts FY 2011 with layoffs

badarrow Barbara Darrow Profile: badarrow

Word out of Mountain View is that Symantec is cutting jobs — quite a few jobs — at the start of its new fiscal year.

Some groups — midmarket sales for example — will see a 20% reduction, sources say. Stay tuned for more details.

This follows apparent cuts last month in the company’s Veritas file system development team.

Update: Beth Pariseau over at has more on other Symantec downsizing .

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