Aspect Communications Fires 160
Aspect Communications Corp., a San Jose, Calif.-based customer relationship portal provider, did away with 6 percent of its workforce, or 160 employees Tuesday morning in the hope of returning to profitability.
The action will yield a one-time charge to its first-quarter results woth $4 to $6 million. Aspect also plans to consolidate certain facilities.
Beatriz V. Infante, chief executive officer for Aspect, blamed a deteriorating economic climate for the job cuts.
"I remain confident in our overall business direction and strong customer demand for our products, however, our near-term visibility is being affected as the economic climate continues to deteriorate," Infante said.