Deals
BMC Software to Cut Jobs, Sees Pretax Costs of Up to $38 Million
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BMC Software Inc., a maker of software that manages corporate computer networks, said it plans to cut jobs after a review of its operations, resulting in pretax charges of $33 million to $38 million.
The costs for severance and termination will be recorded mostly in the quarter that ended in March and the current period, the Houston-based company said in a regulatory filing yesterday. BMC didn’t specify the number of jobs it is eliminating.