Software firm Iona Technologies has confirmed that it is shedding 12 per cent of its workforce in a bid to cut costs and return to profitability.
Iona said that it is cutting 45 jobs, this will bring its workforce to 320 by the end of the first quarter of this year.
The majority of the job cuts will come through the closure of its Beijing office as the company intends to move to an indirect sales model in...
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