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[Update1] Kenneth Langone Delivers on promise* of Geeknet (GKNT) SourceForge Layoffs...R&D Spending Down 36.8% From 16.6% for 6 mo ending June 30 2009 vs 10.5% same period 2010

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August 17, 2010 – Comments (0) | RELATED TICKERS: GKNT , BBY , AMZN


Kenneth Langone Delivers Promise of Geeknet (GKNT) SourceForge Layoffs...R&D Spending Down 36.8% from 16.6% for 6 mo ending June 30 2009 vs 10.5% for the same period 2010.

 

Ross Turk (@rossturk)
8/16/10 7:57 PM
@quaid Almost everyone I worked with at SF has just been laid off. Very fond of them, want to make sure they find good spots. 

@groovecoder just saw a lot of my favorite co-workers laid-off today. Prayers for all. Uncertainty abounds. Hard day to be an optimist. #fb   7:08 AM Aug 10th via Twitterrific

 

*See (August 4 2010) "Why Github Must be Acquired in the Very Short-Term or Geeknet (GKNT)s SourceForge and Slashdot Family Needs to be Sold [now]".

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