"Lionbridge to lay off 8% of workforce" by Chris Reidy | March 25, 2009
Lionbridge Technologies Inc. of Waltham said it will lay off 325 employees, or about 8 percent of its full-time workforce, as part of a plan designed to save $18 million to $20 million, including $6 million to $9 million in 2009.
A spokeswoman declined to say how many jobs will be lost in Massachusetts, but emphasized that the cuts will fall across the company's 40 offices in 26 countries. Lionbridge is a provider of translation, development, and testing services. It had 2008 revenue of $461 million.
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Making money off globalist agenda-pushing. Isn't that grand?
