July 10, 2007 / 9:38 PM / 12 years ago

Compuware to cut $90-100 mln in costs this year

LOS ANGELES, July 10 (Reuters) - Compuware Corp. CPWR.O plans to trim between $90 million and $100 million from its annual costs by the end of this fiscal year, its chief executive said on Tuesday.

“I plan to increase the aggressiveness of the company’s cost-cutting efforts,” CEO Peter Karmanos said on a conference call with analysts after the business software developer reported disappointing first-quarter sales.

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