Wireless and Internet software delivery player Inktomi plans to cut 85 jobs -- or about 20 percent of its workforce -- according to a Tuesday announcement. The news follows an 18 percent staff cut in 2001.

''Current economic conditions in enterprise software mandate that Inktomi further adjust its cost structure to move towards cash flow breakeven performance,'' says company president and CEO David Peterschmidt in prepared remarks. ''Inktomi's focus remains steady on providing search solutions for the Web and enterprise markets as we continue to see long-term growth potential for our products.''

Inktomi will release its quarterly earnings on Oct. 24, and plans to post sales of about $20 million and a pro forma loss between 5 cents and 7 cents per share.

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