Progress Software Cuts Staff

In an announcement this week, Bedford, MA-based Progress Software (NASDAQ: [[ticker:PRGS]]) said it plans to reduce its global workforce by 12 to 14 percent as part of a restructuring of its sales, development, and marketing divisions. Some 220 to 260 workers will be affected, a spokesperson told the Boston Globe. Progress offers a large variety of software that helps companies automate business processes, and CEO Richard Reidy, appointed earlier this year, said in a statement that the restructuring will help Progress “go to market as one company, or ‘One Progress’, to more effectively offer multi-product solutions, support, and services.” We have updated the Boston Tech Layoff Tracker, which now stands at more than 13,500 jobs lost since mid-2008.

Author: Wade Roush

Between 2007 and 2014, I was a staff editor for Xconomy in Boston and San Francisco. Since 2008 I've been writing a weekly opinion/review column called VOX: The Voice of Xperience. (From 2008 to 2013 the column was known as World Wide Wade.) I've been writing about science and technology professionally since 1994. Before joining Xconomy in 2007, I was a staff member at MIT’s Technology Review from 2001 to 2006, serving as senior editor, San Francisco bureau chief, and executive editor of TechnologyReview.com. Before that, I was the Boston bureau reporter for Science, managing editor of supercomputing publications at NASA Ames Research Center, and Web editor at e-book pioneer NuvoMedia. I have a B.A. in the history of science from Harvard College and a PhD in the history and social study of science and technology from MIT. I've published articles in Science, Technology Review, IEEE Spectrum, Encyclopaedia Brittanica, Technology and Culture, Alaska Airlines Magazine, and World Business, and I've been a guest of NPR, CNN, CNBC, NECN, WGBH and the PBS NewsHour. I'm a frequent conference participant and enjoy opportunities to moderate panel discussions and on-stage chats. My personal site: waderoush.com My social media coordinates: Twitter: @wroush Facebook: facebook.com/wade.roush LinkedIn: linkedin.com/in/waderoush Google+ : google.com/+WadeRoush YouTube: youtube.com/wroush1967 Flickr: flickr.com/photos/wroush/ Pinterest: pinterest.com/waderoush/