It looks to me that the linker (ld) is running into a problem while trying to get memory allocated.
Does it happen to you for other projects too? I think your linker file must use something special or must be very big somehow?
I'm affraid that you would have to try to reduce/change the linker file to find out what is causing this.
On a side note: it would be useful to know the Version of CodeWarrior and target used. You might exchange the toolchain/linker to see if this has a positive effect, but tinkering with the tool chain would need expert knowledge.
I hope this helps,
Erich