Symantec (SYMC) will reportedly cut back on its middle management as it lowers its headcount by...

|About: Symantec Corporation (SYMC)|By:, SA News Editor

Symantec (SYMC) will reportedly cut back on its middle management as it lowers its headcount by at least 1,000 as part of its restructuring, which the software-security company announced yesterday but without providing a figure for the staff cuts. Despite the prospective job losses, Symantec plans to recruit R&D workers.