Tuesday, November 4, 2008

The tech layoffs begin...

The Globe has this run-down of layoffs and office closures. Leading the list is Egenera, which is cutting 87 jobs.

Egenera is focused on data center virtualization. They're a company founded during the dot-com boom that never managed to achieve escape velocity and go public, despite having raised $176 million. (Their latest round was -- you guessed it -- an F round.) Kodiak and YankeeTek were in at the very beginning, and Lou Volpe from Kodiak is still on the board.

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1 Comments:

Blogger Ben Wright said...

Scott: As employees are shown the door, an employer like Egenera may be wise to hang onto their e-mail records. --Ben

November 4, 2008 10:46 AM  

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