Analysis firm IDC cuts 5 percent of staff

Market research firm IDC on Friday said it is cutting 82 workers in the United States, or 5 percent of its worldwide staff "due to the impact of the economic recession."

The Framingham, Mass.-based company said that the cuts include 26 research analysts.

"IDC will continue to have more than 1,000 research analysts worldwide which is more than any other technology market intelligence and advisory company," IDC said in a statement. The firm added that it still has more analysts than it did a year ago, noting that it hired 50 new analysts in the second half of last year.

IDC's move clearly follows cutbacks at many of the technology companies that pay its bills. Other analysis firms have also been cutting staff, including Gartner which said in January that it was cutting 117 workers worldwide.

[carterlusher]

You can find a list of the analysts laid off with analysis on the SageCircle blog:

http://sagecircle.wordpress.com/2009/04/17/idc-experiences-layoffs-likely-more-than-20-analysts-affected/

SageCircle, the source of news and analysis about the analyst ecosystem

[Jim Hubbard]

Another way of saying this is that IDC successfully retained 95% of its global workforce (1,558 workers) despite the global economic slow-down.

But, that doesn't sell fear nearly as well, does it?