NewsForge: Novell Layoffs Coming?
Oct 21, 2005, 14:30 (0 Talkback[s])
(Other stories by Lauren Rudd)
"Novell may lay off 10 to 15 percent of its staff as early as
Monday, according to sources close to the company. It appears that
one or more of the larger shareholders in the company are becoming
worried about Novell's future.
"The shareholders have suggested that Novell divest itself of
its consulting group and GroupWise division, while at the same time
instituting personnel cuts across the board to bring expenses more
in line with revenues. Although NetWare engineers would likely be
at risk if that scenario were to play out, Novell has a substantial
investment in those people and would probably retrain them to work
with its Linux products rather than lose them..."