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Novell to layoff 50-60% of underperforming divisions

Word on the street is that Novell will be laying off 50-60% of its Workgroup division this month, likely toward the middle. This is not surprising given that division's lackluster results, but the rumor mill suggests that Workgroup isn't the only business unit that will be affected.

I'm no fan of Novell, but I hate layoffs. I'm sincerely sorry to see this happening. The good news, however, is that there are much better companies to work for out there. Like all of them. :-)

Just ask Greg Collier. He left Novell a year or two ago to join Mozy/Berkley Data Systems, which was bought by EMC recently. Or Chris Stone, now CEO of Streamserve.


Remember: Kondratiev effect, many will be flung on to the downward slide and others will be surfing. Who's side do YOU wanna be? Your call...

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