TITLE

Novell layoffs expected - but where and who?

PUB. DATE
December 2005
SOURCE
MarketWatch: Technology;Dec2005, Vol. 4 Issue 12, p27
SOURCE TYPE
Market Research Report
DOC. TYPE
Article
ABSTRACT
The article presents information on the lay-off programs of the software development company Novell Inc. As expected, the company is likely to lay off up to 20 percent of its's employees by the end of the year 2005. This move of the company is aimed on cutting the costs of the company and to increase profitability. It is indicated by the reports that the number of employees laid off could be as many as 1,160 added to the 120 to 150 positions eliminated in Europe during the third quarter of the year. There was tremendous pressure on the company from the investors in recent months to prove that it can take advantage of the opportunities provided by it's acquisitions of SUSE Linux AG and Ximina.
ACCESSION #
19317337

 

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