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Transmeta to cut 40 percent of workforce
Posted by Philipp Esselbach on: 07/19/2002 01:19 AM [ Print | 0 comment(s) ]
TRANSMETA THURSDAY POSTED a slightly smaller-than-expected loss for its second fiscal quarter, but at the same time announced plans to lay off 200 workers, or about 40 percent of its workforce.
The company also said that it no longer planned to offer a version of its Crusoe processor called the TM6000. Transmeta will continue to improve its current model, the TM5800, and work with customers to develop "future system-on-a-chip" products, it said in a statement.
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The company also said that it no longer planned to offer a version of its Crusoe processor called the TM6000. Transmeta will continue to improve its current model, the TM5800, and work with customers to develop "future system-on-a-chip" products, it said in a statement.
Read more
