Monday, January 27, 2014

Crossroads Layoffs Wide, Deep In 2013

A regulatory filing by Austin-based storage and network equipment maker Crossroads Systems reveals it made some big employee cuts last year, and now is down to 48 employees. The layoffs--without numbers--had been announced by Crossroads last year, but the extent of the cuts was only now brought to light from an analysis by the Austin Business Journal. Crossroads named a new CEO in November.