Layoff Watch: Symantec

Symantec, the world's largest vendor of security software, has announced that it will cut an unannounced number of jobs at a number of locations as part of a corporate restructuring plan. "As part of our ongoing focus on managing operational expenses, Symantec has recently implemented some restructuring measures, including a reduction in force," company spokeswoman Yunsun Wee told Reuters. "We're not releasing information on the size or the scope." We'll have more on this story as it develops.

For more on the cuts:
- see this Barron's article