CA Set To Pink Slip 1,000 Employees

CA Inc., the global computer software maker, has announced that the company will be firing 1000 people from its work force of 15,000 worldwide, in an attempt to reduce the costs and make the company more focused and efficient.

According to a filing made by the company to the Security and Exchange Commission, CA job cuts will be limited mostly to its North American operations and will be completed by the end of September 2010.

Commenting on the company's decision to make large-scale job cuts, CEO Bill McCracken, wrote in a memo meant for the employees that “I recognize that the actions we're taking are difficult. But in the end, they will make CA stronger and more competitive. We are taking the necessary steps to further align our organizations and skills with CA's strategy.”

McCracken, explaining the motives behind the job cuts, said that company intends to mould itself into a leaner and more focused organisation, concentrated on offering the best software products created by a small but efficient workforce.

Interestingly, the company is planning to move into the cloud computing arena, by developing cloud based software, bent on offering market specific services.

The move into the cloud segment has been marked by the acquisition of cloud based technology companies 3Tera and Nimsoft.