Corel is struggling and we can see that from the latest announcement by the company.
Corel has announced that they are cutting around 200 jobs from their global operations.
This comes to around a job cut of 20% of their entire workforce.
The company said that this job cut would help them cut costs in the coming years which is necessary to maintain financial flexibility.
Corel is the company behind once-popular applications like WordPerfect.
