
<A HREF="http://www.cio.com/blog_view.html?CID=23889">CA will cut about 1,700 jobs</A> as it attempts to cut costs, after its net income fell 64 percent in its 2007 first quarter, which ended June 30. The layoffs are part of a cost-reduction plan that also includes consolidation of facilities and other measures. The plan is expected to yield about US$200 million in annualized savings when completed toward the end of fiscal 2008, the company said Monday.