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Technology Stocks : How high will Microsoft fly? -- Ignore unavailable to you. Want to Upgrade?


To: johnd who wrote (53863)12/5/2000 9:22:18 PM
From: johnd  Read Replies (1) | Respond to of 74651
 
MSFT's OS competitors are dying on their own faulty business models.
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Red Hat closes trio of offices, lays off 20
By Stephen Shankland
Staff Writer, CNET News.com
December 4, 2000, 5:05 p.m. PT
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Red Hat, the leading seller of Linux software and services, closed three offices and laid off 20 employees Monday, the company said.

Red Hat laid off personnel doing duplicate work, said spokeswoman Melissa London. "Nine acquisitions in the past year created a lot of redundancies," she said. The company now has 550 employees, she said.