Borland to cut workforce by about 15 percent, CEO leaves, joins VMware

According to InfoWorld: “Borland Software’s CEO has resigned, taking a position at EMC’s VMware subsidiary. Tod Nielsen, who had served as Borland CEO since November 2005, has become the chief operating officer of VMware”.

“Borland, meanwhile, is undergoing a significant reorganization. It will reduce its workforce by about 15 percent, or 130 employees, most of whom will be dismissed by April, the application life cycle management tools company said in a statement. The company also announced its Section 16 officer Peter Morowski, senior vice president of research and development, will leave the company.”