joshieca
Member

Registered: Mar 2001
Location: San Diego, CA
Posts: 54 |
AvantGo lays off 50 workers, 15 percent of workforce
Posted by Wes on Wednesday, April 25, 2001 - 9:12 PM EDT
AvantGo has announced the release of 15% of their workforce with 50 AvantGo workers recently receiving pink slips. The lay offs were triggered after AvantGo reported losses that were more narrow than expected for the quarter. This is in contrast to AvantGo's better than expected performance announced a few months ago. It seems like this sort of thing is becoming a trend in all technology markets, even those which are still growing such as the mobile computing market we have come to know and love.
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