July 19, 2002

Transmeta to cut 200 as losses deepen

Slashdot: "According to news.com, chip maker Transmeta - current home of Linux creator Linus Torvalds, has canned 40% (200 people) of its work force, and has shifted its goals toward obtaining profitability in 2003. No word on whether there were any penguins seen leaving the building." Check out the Slashdot thread on this story here.
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