“St. Paul, Minn. — One of St. Paul’s biggest employers, Lawson Software, laid off employees Wednesday, but the company won’t reveal just how many or where they are located.
A company spokesman confirmed in an email that layoff notices did go out at Lawson, calling it an “expected outcome” of being acquired earlier this year.
Lawson stockholders approved the sale last month to a Georgia firm and a California investment group for $2 billion. Lawson was purchased by GGC Software Holdings, a holding company that includes Golden Gate Capital of San Francisco and Infor, of Alpharetta, Ga.”