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Layoffs Coming at SCO

Feb 12, 2008, 16:00 (3 Talkback[s])
(Other stories by Tom Harvey)

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"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..."

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