Amazon.com Inc. today joined the parade of online retailers that are making cutbacks aimed at reducing their losses, disclosing plans to lay off 15 per cent of its employees and consolidate its distribution and customer service facilities.
Embattled software vendor Corel Corp. Tuesday announced that it will focus on graphics tools as its main source of future revenue growth, as part of a restructuring plan that also includes an envisioned spin-off of the company's Linux distribution business.
The American Arbitration Association (AAA), with backing from Microsoft Corp., AT&T Corp., FedEx Corp. and 15 other companies announced Wednesday a set of proposed guidelines for resolving business disputes between corporations that are engaging in B2B e-commerce transactions with each other.
Suddenly, SAP AG and other top enterprise resource planning (ERP) vendors are deciding that they might not be able to develop complete integrated suites of business applications on their own after all.