Rumor: Silicon Graphics to cut up to 20% of the workforce

According to InsideHPC:  “sources inside SGI has confirmed for insideHPC that layoffs are expected at the company today.”
“Additional word from those in a position to know is that Bo sent out an email last night putting the size of the layoffs at between 10% and 20% of the workforce, and it looks like it might be Friday before we know which 20%. Details on the timing are still sketchy.”