The software publisher says it's laying off 220 employees in a move it hopes will ultimately save it $12 million per year. Corel on Wednesday said it is slashing its work force by 22 percent in an ...

Canadian software company Corel Corp. (TSX:COR)said Wednesday it has cut its global workforce by 22 per cent as it eliminated 220 employees, making it the latest high-tech firm to cut staff. In Ottawa ...