Symantec plans to lay off five per cent of its workforce during its fiscal third quarter as a result of poor retail sales over the summer months.
A spokeswoman at the software supplier said the 100 staff involved would go "across the board" and the cutbacks were intended to reduce costs and bring expenses back in line with revenues.
Analysts said that Microsoft's release of its Windows 98 operating system had hit retail sales elsewhere.
Symantec is also expected to announced its second quarter figures on 15 October, but anticipates taking a $5 million hit as a result of a temporary restraining order issued by Cybermedia in its copyright infringement lawsuit. Wall Street expects it to post earnings of 37 cents per share. The company claims the layoffs are not related to the Cybermedia suit.
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