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Turbolinux Layoffs

Posted by michael on from the dot-boom dept.

Newsforge [?] has a story about Turbolinux laying off a substantial portion of its staff in preparation for its planned merger with Linuxcare. We've gotten a few anonymous submissions about this as well; perhaps some Turbolinux staff - or former Turbolinux staff - who know what's going on can comment.

1 of 98 comments (clear)

  1. Just a sign of market correction by digidave · · Score: 5

    Mergers and companies going out of business is often a sign of market correction.

    Take for instance the recent dot-com troubles. Those aren't quality companies having trouble -- the good ones are still doing quite well. The flooded market assured that many would not make it.

    Linux companies merging and going out of business is good because it will ensure that the best and strongest survive. Two weaker companies like TurboLinux and Linuxcare merge so that they will outlive the future Linux market correction. They are now a stronger company and the Linux community can only benefit from that.

    --
    The global economy is a great thing until you feel it locally.