Caldera announces layoffs
Print17 per cent to go
Posted in Software, 26th April 2001 11:23 GMT
Free whitepaper – PowerEdge M1000e, M600 and M605 spec sheet
In a brief SEC filing Linux distributor has announced that it will lay off 32 of its 188 staff ahead of closing its acquisition of SCO's Server and Services businesses. Caldera will take a one-time charge of $450,000, about half of its quarterly income.
Caldera wouldn't elaborate on whether the cuts were merger related, or performance related, although it clearly wants you to think the former. SCO already made deep cuts - axing 190 staff last September - in anticipation of the merger.
Unlike other distros, services revenue is negligible: it's pocketed by Scaldera's channel partners. Last quarter Caldera saw revenues hold up at around $1m, although its burn rate is phenomenal, at $9m per quarter. The steady income from SCO's UnixWare and OpenServer licenses can't come soon enough. ®
Related Stories
Scaldera born in flames
Scaldera swings the axe
IDC pricks SCO-Caldera bubble
Scaldera vows a better Linux than Linux
Enabling The Agile Data Center
What Exchange can't do - and Dell can
Analyst Keynote: The Register Agile Data Center Summit
Analyst Keynote: The Register Agile Data Center Summit
Sun's surviving staff hit with 'motivation' missive
Ubuntu's Karmic Koala bares fangs at Windows 7
Change your views: OS X tags exploited
Sun preps cell-phone Java plan for netbooks