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SGI Announces Restructuring, Cuts 400 Jobs

kerneljacabo writes "Yikes! SGI seems to be the lastest victim of the economic downturn. Today they announced an extensive 'restructuring,' which includes releasing about 10% (400) of their employess. Seems like no one is immune." SGI claims this'll save them $40M, as well as improve their performance next fiscal year.

4 of 310 comments (clear)

  1. Not Surprised... by Fallen+Kell · · Score: 2, Offtopic

    No, really. How could anyone seriously be surprised by this? SGI's products are inordinantly expensive for what you get. Their "maintainance" alone on their systems could buy a brand new Sun system of equal or better power EACH and EVERY YEAR. And lets not even compair them to standard PC hardware costs. You could buy a small cluster of high end PC's and run Linux on them cheaper then getting an SGI.

    The only reason SGI still exists is because their name is ingrained into the heads of many people in managment as being "the thing to buy for graphics workstations" when in reality they are by FAR definitly NOT the thing to buy, especially if you are being told to cut back on cost.

    It was only a matter of time before SGI started to cut staff. What they really need to do is cut the price of the maintaince on their systems, and maybe then will more companies ramp up purchasing of their (SGI's) products. But as is, they are completely overpriced given the current market.

    --
    We were all warned a long time ago that MS products sucked, remember the Magic 8 Ball said, "Outlook not so good"
  2. Re:Sorry, a bit offtopic, but necessary. by infinite1 · · Score: 0, Offtopic
    Got bandwidth? Mad at SCO? Download a 5mb file from here or launch an unspecified number of wget processes
    Yeah, right.

    You will next see this quoted on SCO's Quotations from Linux Leaders page with the caption:
    "Conclusive proof that a leader of the Linux movement 'Anonymous Coward' (must be important seeing the number of his posts on Slashdot) is trying to DDOS SCO's servers. Shows that the open source community is scum and proves our point."

    Give it a rest will you! There are better ways to fight this fight.

  3. Re:Um, this can't be right by Monkelectric · · Score: 0, Offtopic

    For those who dont know A Proud American is an anti-american troll, he is featured on slashdot and k5. Anything he says is guaranted to be dead wrong.

    --

    Religion is a gateway psychosis. -- Dave Foley

  4. Re:Nothing to do with cash reserves by stephanruby · · Score: 0, Offtopic
    They do better with the VW market, but that's not enough to keep them in espresso.

    What does SGI have to do with cute little cars?