"We have reached an important milestone in an ongoing process Corel needs to follow to closely scrutinize its expenditures and align those with its expected achievable results. With this sharpened focus and discipline, we are taking the necessary steps to put the company on a more solid financial footing." - John Blaine, chief financial officer of Corel Corporation putting a positive spin on the company's decision to close its Dublin office with the loss of 139 jobs.
News monitor column compiled by Conor Pope, Computimes Editor.
The full text of Computimes reports is available on The Irish Times web site at www.ireland.com