More layoffs at March Networks

Ottawa's March Networks, which makes IP video surveillance solutions, is letting go more staff, the company has announced. It said today it is dropping seven per cent of its staff and all North American executive and staff salaries by six per cent to save $3.2 million a year. Peter Wilenius, VP of investor relations and corporate development wouldn't say how many people are being let go, but he did say the global workforce is about 300 people. That would then translate into about 20 people laid off. The company dismissed about 40 people late last year.

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Jim Love, Chief Content Officer, IT World Canada
Howard Solomon
Howard Solomon
Currently a freelance writer, I'm the former editor of and Computing Canada. An IT journalist since 1997, I've written for several of ITWC's sister publications including and Computer Dealer News. Before that I was a staff reporter at the Calgary Herald and the Brampton (Ont.) Daily Times. I can be reached at hsolomon [@]

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