Thursday, December 4, 2008
FiveRuns Cuts Staff
Austin-based Ruby-on-Rails tools developer FiveRuns said last night that the firm has had to lay off staff, saying that it needed to "align (its) costs with the realities of the current economy." Number of employees affected by the move was not disclosed. FiveRuns, which is venture backed by Austin Ventures, develops tools used to analyze the performance of the popular Ruby on Rails development environment, a software tool used for developing web sites and web applications.