April 25, 2001 1:00 PM PDT
Caldera latest Linux company to cut jobs
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The 17 percent cut was disclosed Wednesday in a regulatory filing. The company will take a $450,000 one-time charge to pay for severance benefits and rehiring assistance.
Caldera isn't the only Linux company hurt by today's economic climate. Stormix, which had been creating an attack-resistant version of Linux based on the Debian edition of Linux, has laid off its entire staff.
"We regret to announce that in light of the weakness in the financial markets, we are unable to secure additional funding for our company," Stormix said on its Web site. "Despite our technological achievements, Stormix has suspended its operations and has gone into 'hibernation' mode. Since all of Stormix's employees are regrettably laid off, we can no longer offer support."