SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Corel Corp. -- Ignore unavailable to you. Want to Upgrade?


To: A. Reader who wrote (9273)6/2/2000 7:27:00 AM
From: A. Reader  Read Replies (1) | Respond to of 9798
 
TurboLinux layoffs another sign of cooling market
By Stephen Shankland
Staff Writer, CNET News.com
May 31, 2000, 5:35 p.m. PT

A second Linux company has put the brakes on expansion and laid off staff, a further indication that investors no longer are as gung-ho on the comparatively new operating system.

TurboLinux laid off an undisclosed number of employees today, citing demand by investors for more revenue and earlier profitability, president Paul Thomas said in an interview. He said the layoffs weren't as deep as those at troubled Linuxcare, which eliminated the jobs of about 70 employees in early May in the midst of a derailed initial public offering process....
news.cnet.com