Redundancies at JD Edwards.
Enterprise resource planning software company JD Edwards has announced plans to lay off 800 workers – 13% of its global workforce. In addition to the redundancies, it is also dropping its application service provider initiative. JD Edwards is cutting the management levels from nine to six and the redundancies are expected to include senior managers. In Europe, the Middle East and Africa region, 88 jobs will be lost. The blow comes a month after Doug Massingill was ousted as chief executive and Ed McVaney, one of the company’s founders and a previous chief executive, stepped back into the top job.