[svlug] Re: Enjoy your company, kids: Linuxcare economics

John Lawless jlawless at redwoodscientific.com
Thu May 4 13:25:38 PDT 2000


     LinuxCare had losses of $21 million on sales of $3 million and
supposedly one of the reasons the CEO left was because some of those sales
were not real.  In another industry, it would have been amazing that they
could wait till now for those 70 layoffs.

John

On Wed, May 03, 2000 at 01:12:19PM -0700, Rick Moen wrote:
> Employers, start your engines:  It is claimed that Linuxcare, Inc.
> of San Francisco has today laid off 25% of its staff.  I hope and 
> expect that a number of their technical employees (past and present?) 
> will be at SVLUG, tonight, and you may wish to speak with them.
> 
> Among the employees I know have just been laid off are technical support
> employee Tracey Luke, and Engineering Department staffer (and sysadmin)
> Nick Moffitt. 
> 
> -- Rick Moen
>    (speaking for himself, alone)
> 





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