30
Jan
The One Laptop Per Child (OLPC) project, which produces low-cost education laptops to sell to governments in developing countries, is facing some major financial challenges. The group recently downsized half of its staff in an effort to reorganize and increase operating efficiency. Project founder Nicholas Negroponte revealed on Thursday that the move was partly necessitated by the failure of OLPC’s Give 1 Get 1 (G1G1) initiative. He has also shed some light on a new strategy that could help the organization make a turnaround.
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