* Aligns business with global economic climate and amplifies growth

opportunities across open source platforms

* Says job cuts represents about 15 to 18 percent of the global workforce

* Says expects to incur total charges in the range of $500 to $600 million over

the next twelve months

* Says about $375 to $450 million of charges will be incurred within its

current fiscal year 2009

* Says expects to begin realizing cost savings in Q3

* Says rich green, executive VP of software, has chosen to leave the company

* Says restructuring plan aimed at reducing costs by about $700 to $800 million

annually