Tibco (TIBX -8.1%) tumbles on a downgrade to Hold from ThinkEquity's Yun Kim. Kim says his...

|By:, SA News Editor

Tibco (TIBX -8.1%) tumbles on a downgrade to Hold from ThinkEquity's Yun Kim. Kim says his checks indicate Tibco might be planning major job cuts, something that could have negative implications for the middleware vendor's growth and execution. Tibco's FQ3 report arrives on Sep. 20.