Loss of employment in the software industry could have a little to do with overhead reductions in other industries. Open source is a mixed bag. But if blogging is their strategy, more layoffs are coming.
Probably not right away, that would be too big a hit to a stock that's already had a ~30% dive. Apparently they are too far down the open source path to turn back now, and are going to hit the afterburners instead. We could be seeing Linux ads at the Superbowl again, minus the lost-looking little boy. IBM is on the ropes and is going to come out swinging.