"In 2000, according to cost management index calculations, [Red
Hat] was shelling out $1.30 in operating costs for every dollar of
revenue it was generating. By 2002, the firm was spending 96 cents
for every dollar of revenue...
"But among the company's cost-saving efforts last year was a
policy of cutting loose unprofitable acquisitions including Reston,
Va.-based Akopia Inc., Atlanta-based Planning Technologies Inc.
(ENS unit), Pittsburgh-based Hell's Kitchen Systems and Bluecurve
"Those moves cut roughly 160 from the Red Hat employee roster,
which nowadays stands at 635, according to Yahoo Finance..."
Some of the products that appear on this site are from companies from which QuinStreet receives compensation. This compensation may impact how and where products appear on this site including, for example, the order in which they appear. QuinStreet does not include all companies or all types of products available in the marketplace.