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Gadzoox cuts staff to speed profitability

Gadzoox, a troubled maker of networking hardware used to join servers and storage systems, has laid off an undisclosed number of employees, shut down some facilities and eliminated some contractor jobs in an effort to become profitable, the San Jose, Calif., company said Thursday. The company plans to release further details during a conference call after reporting fiscal third-quarter earnings Jan. 23. An increasing amount of the company's revenue comes from the new Slingshot switch, which communicates using the new 2 gigabit-per-second version of the Fibre Channel network standard.

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Stephen Shankland
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Stephen Shankland principal writer
Stephen Shankland has been a reporter at CNET since 1998 and writes about processors, digital photography, AI, quantum computing, computer science, materials science, supercomputers, drones, browsers, 3D printing, USB, and new computing technology in general. He has a soft spot in his heart for standards groups and I/O interfaces. His first big scoop was about radioactive cat poop.
Expertise processors, semiconductors, web browsers, quantum computing, supercomputers, AI, 3D printing, drones, computer science, physics, programming, materials science, USB, UWB, Android, digital photography, science Credentials I've been covering the technology industry for 24 years and was a science writer for five years before that. I've got deep expertise in microprocessors, digital photography, computer hardware and software, internet standards, web technology, and other dee
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Gadzoox, a troubled maker of networking hardware used to join servers and storage systems, has laid off an undisclosed number of employees, shut down some facilities and eliminated some contractor jobs in an effort to become profitable, the San Jose, Calif., company said Thursday.

The company plans to release further details during a conference call after reporting fiscal third-quarter earnings Jan. 23. An increasing amount of the company's revenue comes from the new Slingshot switch, which communicates using the new 2 gigabit-per-second version of the Fibre Channel network standard.