IDC cuts 5% of jobs as recession bites
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US-- Research agency IDC is to axe 82 jobs in the US, which equates to 5% of its global workforce.
Twenty-six research analyst positions will go in the cuts, and the remainder will be a mixture of sales, marketing, IT, finance and publishing positions. The 26 research positions represent a 2% cut in IDC's global analyst pool, which the firm claims is the largest in the world, numbering more than 1,000.
The firm said that the “impact of the economic recession” was the reason for the cuts, but told Research that it would still have more analysts in the US than a year ago after hiring 50 new staff at the end of 2008.
IDC is owned by media, research and events group IDG and operates divisions focusing on energy, finance, retail, government insights, healthcare and manufacturing.
Author: James Verrinder
