NEWS Employees of German ebusiness software specialist Brokat will be scanning the situations vacant after the company filed for insolvency proceedings with a court in Stuttgart. The company filed on Friday after unsuccessful attempts to shore up debts forced it to concede it will be unable to improve the situation. One sub-unit, Brokat efinance Technologies will be spun off, saving 150 jobs. The fate of the rest of Brokat's remaining workforce of 160 workers has not yet been established.
Brokat staff jobless as firm folds
German software firm goes belly-up...
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