LMich
06-12-2007, 10:19 AM
This is one of the very few times in recent year that Detroit city has actually benefitted in a meaningful way from downsizing abroad. It feels good to be on the other side of this, for once.
Link (http://www.detnews.com/apps/pbcs.dll/article?AID=/20070612/BIZ/706120365&theme=Biz-Compuware)
http://cmsimg.detnews.com/apps/pbcsi.dll/bilde?Site=C3&Date=20070612&Category=BIZ&ArtNo=706120365&Ref=V2Q=100&MaxW=500
Detroit to get jobs in software
Compuware official says product developers coming, but jobs cut worldwide.
June 12, 2007
Eric Morath / The Detroit News
Compuware Corp. will realign its product development activities in a move that will add work to the company's downtown headquarters but cut 245 jobs worldwide and save the Detroit-based technology firm $25 million a year.
The moves announced by Compuware on Monday mean more software development work will be concentrated in Detroit, although company officials would not say how many jobs could be added here.
Compuware develops software and offers consulting services for its clients' information technology systems.
"We are bringing more development work to Detroit, and we are always looking for talented people locally," said Lisa Elkin, Compuware vice president for communication and investor relations.
The relocation of product development projects here will create a critical mass of talented and experienced software developers and business leaders in Detroit and Poland, which also is gaining work, she said.
Some jobs eliminated
The 245 jobs that will be eliminated represent about 3 percent of Compuware's total work force.
"Eliminating these positions is difficult, however critical to the long-term of health of the company," Elkin said.
The realignment comes just months after Chairman Peter Karmanos announced that he had personally led a three-year "A-to-Z" efficiency review.
"The better return you're getting on the business, the less likely you are to be taken over," Karmanos told The News in March.
"We need to run a very efficient business. You should run it like someone has just taken you over. You take out the right costs (and) you run it for the shareholders."
The moves announced Monday are:
Development of the DevPartner product family moves from Merrimack, N.H., to Detroit. DevPartner is software that helps developers debug, analyze and test applications they create.
Development of the OptimalJ product, which assists in the development of Java applications, will move from Amsterdam to Detroit headquarters.
The company will relocate development of its ApplicationVantage, a performance troubleshooting tool, from San Diego to its Gdansk, Poland, office.
Services to be maintained
Compuware will continue to invest in the affected products and will maintain its level of service and technical support during and after the transition, company officials said.
Last month, the company reported that its earnings for fiscal year 2007, which ended in March, were up 10 percent to $158.1 million, but sales remained nearly flat at $1.2 billion.
Compuware's stock price rose 3 cents Monday, to $11.72.
You can reach Eric Morath at (313) 222-2504 or emorath@detnews.com.
Link (http://www.detnews.com/apps/pbcs.dll/article?AID=/20070612/BIZ/706120365&theme=Biz-Compuware)
http://cmsimg.detnews.com/apps/pbcsi.dll/bilde?Site=C3&Date=20070612&Category=BIZ&ArtNo=706120365&Ref=V2Q=100&MaxW=500
Detroit to get jobs in software
Compuware official says product developers coming, but jobs cut worldwide.
June 12, 2007
Eric Morath / The Detroit News
Compuware Corp. will realign its product development activities in a move that will add work to the company's downtown headquarters but cut 245 jobs worldwide and save the Detroit-based technology firm $25 million a year.
The moves announced by Compuware on Monday mean more software development work will be concentrated in Detroit, although company officials would not say how many jobs could be added here.
Compuware develops software and offers consulting services for its clients' information technology systems.
"We are bringing more development work to Detroit, and we are always looking for talented people locally," said Lisa Elkin, Compuware vice president for communication and investor relations.
The relocation of product development projects here will create a critical mass of talented and experienced software developers and business leaders in Detroit and Poland, which also is gaining work, she said.
Some jobs eliminated
The 245 jobs that will be eliminated represent about 3 percent of Compuware's total work force.
"Eliminating these positions is difficult, however critical to the long-term of health of the company," Elkin said.
The realignment comes just months after Chairman Peter Karmanos announced that he had personally led a three-year "A-to-Z" efficiency review.
"The better return you're getting on the business, the less likely you are to be taken over," Karmanos told The News in March.
"We need to run a very efficient business. You should run it like someone has just taken you over. You take out the right costs (and) you run it for the shareholders."
The moves announced Monday are:
Development of the DevPartner product family moves from Merrimack, N.H., to Detroit. DevPartner is software that helps developers debug, analyze and test applications they create.
Development of the OptimalJ product, which assists in the development of Java applications, will move from Amsterdam to Detroit headquarters.
The company will relocate development of its ApplicationVantage, a performance troubleshooting tool, from San Diego to its Gdansk, Poland, office.
Services to be maintained
Compuware will continue to invest in the affected products and will maintain its level of service and technical support during and after the transition, company officials said.
Last month, the company reported that its earnings for fiscal year 2007, which ended in March, were up 10 percent to $158.1 million, but sales remained nearly flat at $1.2 billion.
Compuware's stock price rose 3 cents Monday, to $11.72.
You can reach Eric Morath at (313) 222-2504 or emorath@detnews.com.
