Submission + - What's happening with Transmeta
prostoalex writes: "At launch Tranmeta Corp. received tons of publicity — boasting Linux Torvalds among its employees, the energy-efficient microprocessor company was supposedly revolutionizing the world of microprocessors as we know it. Electronic Engineering Times provides an update on what's happening with Transmeta right now: "Transmeta last week laid off 75 employees, decreasing its worldwide work force by about 39 percent. Most of the cuts were in the engineering-services business, which is being discontinued. Sales and support offices in Taiwan and Japan are also being closed. Over the next two quarters, the company expects to further reduce head count by about 25 to 55 people.""