Hyderabad: Dismissing the claims of IT association, CA Technologies on Thursday said that it did not terminate any users.
CA Technologies entered into a definitive agreement to be acquired by Broadcom and the transaction is expected to close in the fourth quarter of 2018 calendar year.
In a statement, CA Technologies said, “There is no planned restructuring or related retrenchment prior to the close of the transaction. The numbers provided by Forum of IT Professionals are speculation and we don’t comment on rumors”.
However, forum of IT professionals while welcoming the response said, “ForIT, while welcoming this, demands that the same agreement be honoured by both CA as well as Broadcom and ensure that there is no loss of employment post the closure.”
