Question-and-Answer Session
Thank you. (Operator Instructions). Laura Conigliaro from Goldman Sachs, you may ask your question.
Laura Conigliaro - Goldman Sachs
Yes, thank you. You have got a number of programs in place to the designs to help earnings, even apart from revenue growth. For example, you have already about $0.035 from doing that convert that you referred to, which was never really rolled to into street numbers post that deal, and you never quantified your one EMC program beyond the actual people related layoff, that how much that could save in '07 and '08. when we put all this together, isn't your at least $0.64 target number already extremely low and maybe you can help us with some of those savings.
Joe Tucci
Lets us see if David wants to comment or Bill wants to comment on any more specifics here Laura. What we have done is, we have said at least $0.64, we have said at least $12.7 billion, so it is obviously our goal to beat those numbers, but on the other side we want to make sure, that we have put out good targets and targets that we think are realistic, and as you have seen, I think 19% to 20% growth on the bottom line is positive and obviously we will work everyday to beat that number.
David Goulden
Laura, I will try to add, actually I want, but cant start talking.
Joe Tucci
Well, obviously Laura, there is some impact from our side is $0.03 impact next year on a GAAP basis now. So obviously that impacts some of the positives that you see there.
Bill Teuber
Thanks Laura. Next question please.
Operator
Our next question comes from Toni Sacconaghi of Sanford Bernstein.
Toni Sacconaghi - Sanford Bernstein
Yes, thank you. Good morning and David I hope you feel better. In terms of this quarter, you didn't see the normal sequential operating leverage that you see where OpEx typically goes down 100 basis points or more as a percentage of revenue. Was that solely due to RSA being folded in which had the higher expense structure, or did you make some conscious investments to try and drive incremental growth this quarter. And then just related to that, you did -- I presume as you mentioned, there is an opportunity to consolidate some of that. You mentioned it was an accelerated plan, and you used that word deliberately. Can you give us a timeframe for the expected workforce reductions associated with that plan please?
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