RSA Security says it will cut 200 jobs

Wednesday, 24 April 2002, 3:57 PM EST

Computer security provider RSA Security Inc. on Wednesday said it will cut about 200 jobs in order to reduce operating expenses.

The company said it will take a charge of $8 million to $10 million in the current quarter, mostly related to the job cuts, which represent about 17 percent of its worldwide work force, and facility costs.

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