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July 23, 2016 04:00 am
Original Link: http://rss.slashdot.org/~r/Slashdot/slashdot/~3/NblCzqkq_zQ/cyanogen-inc-reportedly-fires-os-development-arm-switches-to-apps
Cyanogen Inc. Reportedly Fires OS Development Arm, Switches To Apps
An anonymous reader writes: Android Police is reporting that the Android software company Cyanogen Inc. will be laying off 20 percent of its workforce, and will transition from OS development to applications. The Android Police report says "roughly 30 out of the 136 people Cyanogen Inc. employs" are being cut, and that the layoffs "most heavily impact the open source arm" of the company. Android Police goes on to say that CyanogenMod development by Cyanogen Inc "may be eliminated entirely." Ars Technica notes the differences between each "Cyanogen" branding. Specifically, CyanogenMod is a "free, open source, OS heavily based on Android and compatible with hundreds of devices," while Cyanogen Inc. is "a for-profit company that aims to sell Cyanogen OS to OEMs." It appears that many of the core CyanogenMod developers will no longer be paid to work on CyanogenMod, though the community is still free to develop the software." Android Police details the firing process in their report: "Layoffs reportedly came after a long executive retreat for the company's leaders and were conducted with no advanced notice. Employees who were not let go were told not to show up to work today. Those who did show up were the unlucky ones: they had generic human resources meetings rather ominously added to their calendars last night. So, everyone who arrived at Cyanogen Inc. in Seattle this morning did so to lose their job (aside from those conducting the layoffs)." Early last year, Microsoft invested in a roughly $70 million round of equity financing for the then-startup Cyanogen Inc. Not too long before that, Google tried to acquire Cyanogen Inc., but the company turned down Google's offer to seek funding from investors and major tech companies at a valuation of around $1 billion. Cyanogen Inc. CEO Kirt McMaster once said the company was "attempting to take Android away from Google" and that it was "putting a bullet through Google's head."Read more of this story at Slashdot.
Original Link: http://rss.slashdot.org/~r/Slashdot/slashdot/~3/NblCzqkq_zQ/cyanogen-inc-reportedly-fires-os-development-arm-switches-to-apps
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