Insight Enterprises to cut 240 jobs in the US

Insight Enterprises is axe around 240 jobs or around 8% of its US workforce to cut costs in reaction to the expected continuation of weak market conditions. As revealed in its recent third quarter results, the reseller said it wanted to save $20m from its operation in North America, a reduction in

Insight Enterprises is axe around 240 jobs or around 8% of its US workforce to cut costs in reaction to the expected continuation of weak market conditions.

 

As revealed in its recent third quarter results, the reseller said it wanted to save $20m from its operation in North America, a reduction in operating expenses of around 6% during 2009..

 

Rich Fennessey, president at CEO at Insight said the decision to reduce its workforce was "difficult action to take".

 

"However, given the continuing challenges in the technology sector, we feel these actions are necessary to reduce our cost structure and improve the affordability of our business model," he said in a statement.

 

The firm implemented an upgrade of its IT infrastructure and in the third quarter restructured the US sales organisation to focus on high growth areas of networking and software following its acquisitions of Calence and Software Spectrum.

 

"We are extremely pleased that we have acquire, and quickly integrated, organisations that have further enabled us to provide our clients with a full portfolio of IT software, hardware and services solutions," he said.

 

Last week, Insight highlighted the performance of the EMEA operation in building software sales, particularly to SMEs.

 

The EMEA workforce remains unaffected by the job cuts.

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