San Jose Unix multiprocessor builder Arix Corp, ravaged by the phasing out of its OEM contract with Unisys Corp and bemoaning the failure of its partner, IBM Corp, to win the big US Treasury contract, is having to cut its workforce by 24%, handing out pink slips to 44 employees. The company expects to report […]
San Jose Unix multiprocessor builder Arix Corp, ravaged by the phasing out of its OEM contract with Unisys Corp and bemoaning the failure of its partner, IBM Corp, to win the big US Treasury contract, is having to cut its workforce by 24%, handing out pink slips to 44 employees. The company expects to report a fiscal fourth quarter loss worse than the third quarter’s $4m.
