Symantec Layoffs 2018: Software Company to Make 66 Job Cuts in Springfield, Oregon

Symantec layoffs 2018
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Symantec Corp. (NASDAQ:SYMC) has confirmed another major round of layoffs, adding to the Symantec layoffs for 2018. The cyber security company announced that 66 employees at its Springfield, Oregon location will lose their jobs in January 2018. Back in October, the company announced plans to “scale back its Springfield operations,” but it did not say at the time how many employees would be let go. The Symantec layoffs mark a continuation of IT layoffs that have hit Oregon in 2017. In addition to Symantec, Microsoft Corporation (NASDAQ:MSFT), Jive Software Inc, and Convergys Corp (NYSE:CVG) have all announced layoffs in 2017.

Symantec Downsizing Springfield Operations, Renewals Center Agents See Maximum Job Cuts

Symantec is downsizing. The company said it is permanently eliminating 66 jobs at its office in Springfield, Oregon. Employees were notified in November 2017 that 64 will lose their jobs on January 17, 2018, while two additional employees will be out of work on January 26, 2018. None of the employees are represented by a union and no bumping rights exist.

Most of the job losses are renewal center agents with 22. Other positions being eliminated include senior technical account manager (five), inside sales reps (six), senior financial analysts (three), tax managers (two), and the director of finance.

Back in October, Symantec announced plans to “scale back its Springfield operations as part of a larger workforce and real estate efficiency plan.” Those being laid off would be offered the choice of moving from Springfield, Oregon to other Symantec sites, including those in Draper, Utah; Plano, Texas; and Tempe, Arizona.

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At the time, company spokesperson Matt Nagel said he didn’t know how many employees would be working at the offices in Springfield come March 2018.

Over the years, Symantec has been decreasing its headcount in Springfield. In 2007, there were around 1,400 people employed at Symantec in Springfield. Since then, the number has dwindled amid corporate restructuring and currently employs between 700 and 800.

In 2016, Symantec announced plans to cut $400 million in costs by 2018. This included cutting 1,200 jobs, or nearly 10% of its workforce. It also said it would close one-quarter of its offices.

IT Industry Layoffs in Oregon in 2017

A number of IT companies in Oregon have announced layoffs in 2017. Convergys Corporation (NYSE:CVG) announced in February plans to lay off 143 employees from its facility in Wilsonville. The layoffs affected 108 technical support associates, along with 13 senior technical support associates and nine tech support team leaders. The layoffs took place on May 5.

In July, Microsoft said it was shuttering its plant in Wilsonville, where it built is touchscreen computer, the “Surface Web.” The closure resulted in 61 layoffs, effective September 8. An additional 50 layoffs were announced in November, with the last day of employment for those let go being January 5, 2018. Another six positions will be permanently eliminated on February 3, 2018.

Things are not looking brighter in Wilsonville. Microsoft said it anticipates a further seven job cuts will take place on or after January 22, 2018, with all affected employees being terminated on March 23, 2018.

And Jive Software notified Oregon officials with plans to permanently lay off 18 employees at its Portland offices by the end of December. The company didn’t say why it was cutting the jobs.

Nor did the company say this was the end of the layoffs. In a statement, Jive said it, “is still in the process of evaluating its needs and it is not presently able to determine whether additional terminations will occur in connection with this action…”

It was a tough year for Oregon IT companies; job growth has stalled and Microsoft, SureID Inc, Intel Corporation (NASDAQ:INTC), Jive, Convergys, and Symantec, among others, have announced layoffs. Established IT employers are cutting back and that negative momentum could carry into 2018.

 

Sources

Notice of Layoff,” Higher Education Coordination Commission, last accessed December 6, 2017.

Cybersecurity firm Symantec to drastically reduce presence by March,” The Register-Guard, October 6, 2017.

Symantec Announces $500 Million Strategic Investment by Silver Lake, Symantec’s Total Capital Return Program Increased to $5.5 Billion,” Symantec Corp., April 2, 2016.

Re: Notification of Program Closure,” Higher Education Coordination Commission, February 15, 2017.

Re: Worker Adjustment and Retraining Notification (“WARN”),” Higher Education Coordination Commission, July 10, 2017.

Re; Worker Adjustment and Retraining Notification (“WARN”),” Higher Education Coordination Commission, November 6, 2017.

Re; Worker Adjustment and Retraining Notification (“WARN”),” Higher Education Coordination Commission, December 5, 2017.

Re: Notification of Anticipated Layoff,” Higher Education Coordination Commission, November 1, 2017.

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Categories: Job Cuts, News

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