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:Layoffs Coming at SCO
Layoffs Coming at SCO
Feb 12, 2008, 16 :00 UTC (3 Talkback[s]) (4490 reads)

(Other stories by Tom Harvey)

"The embattled SCO Group Inc. is laying off about a quarter of its work force as it tries to survive while it fights high-profile legal battles with Novell, IBM and others.

"SCO will lay off about 30 of its 115 employees, the company said in a filing last week with the Securities and Exchange Commission.

"The SCO Group lost $6.8 million for its fiscal year that ended Oct. 31, the company also said in an annual report to the SEC. It pointed to legal costs and those costs associated with getting its new mobile applications to market for the loss..."

Complete Story

Related Stories:
SCO's 10K: Now What? Caveat Emptor(Jan 31, 2008)
The Rise of the FOSS Spinmeister(Jan 28, 2008)
SCO, NASDAQ Part Ways(Dec 27, 2007)
McBride: Reports of SCO's Death Greatly Exaggerated(Oct 08, 2007)


Index Mode   |   Flat Mode   |   Thread Mode   |   Thread Flat  
  Talkback(s) Name  and Date
Hopefully these employees can find work  ...   Making money out of lies backfires   
Mark
Feb 12, 2008, 18:07:27
 
> Hopefully these employees can find wor ...   Re: Making money out of lies backfires   
blackhole
Feb 13, 2008, 04:15:56
 
Hey, if it gets SCO management 5-6 years ...   layoff at SCO   
ba
Feb 13, 2008, 11:48:01
 
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