Linked by Thom Holwerda on Fri 14th Sep 2007 21:36 UTC, submitted by dylansmrjones
SCO, Caldera, Unixware Yahoo reports that SCO has filed [.pdf] for bankruptcy in order to protect assets. "The SCO Group today announced that it filed a voluntary petition for reorganization under Chapter 11 of the United States Bankruptcy Code. SCO's subsidiary, SCO Operations, Inc., has also filed a petition for reorganization. The Board of Directors of The SCO Group have unanimously determined that Chapter 11 reorganization is in the best long-term interest of SCO and its subsidiaries, as well as its customers, shareholders, and employees." Groklaw has a story on it, too.
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RE[2]: haha
by meianoite on Fri 14th Sep 2007 22:03 UTC in reply to "RE: haha"
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I obviously won't miss CEO either, but I do want to add the nuance that I do feel sorry for the people that work there - they might lose their jobs and that's a very sad thing for those people and their families and friends.

Thom, anyone who still worked there should have jumped boat aeons ago and find some place else to work, instead of sticking with a company which put its whole future and very existence at stake in a FUD gamble.

I sympathise with the workers as a humane gesture, but I feel no pity given their choice to remain there.

Edit: *no* pity, I mean

Edited 2007-09-14 22:03

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