Short bio: Computer Scientist, FOSS supporter (read more)
Tux Machines (TM)-specific
Mandriva S.A. issued a press release to announce the restructuring of its core business organization. While specifics were still not given, the main message did come through: Mandriva will survive, in some fashion, for a while anyway.
In the short term, Mandriva is concentrating on cutting costs and raising funds to stay afloat. The company is also negotiating with other investors, who will be revealed at the next board meeting.
The tone of the press release is uncharacteristic of Mandriva's communications and leaves one to wonder if all this is truly good news. While volunteer developers are invaluable to Mandriva's continued success, its paid developers are indispensable - and they've already lost several. If more developers are on the cut list, that will not bode well for Mandriva.