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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Member since:2005-11-23
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.
Its a workers market. They can get new jobs. Jobs where they are paid to do what they do best, Code, instead of searching the Linux kernel for possible infriging code.
For the CEO, it think it will be a little harder for him to get a new job. Maybe the register at Wall-mart.
Oh wait that involves money. Sweeping the floors then.
Member since:2005-09-28
"For the CEO, it think it will be a little harder for him to get a new job. Maybe the register at Wall-mart. "
This is the computer industry. He's mucked things up for a massive company. I'm sure he'll soon have a new, cushy position. I hear they need some help over at Amiga Inc, for example.
Member since:2006-04-05
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
Member since:2006-12-28
Yea, I hope all the employees that get laid off find another job soon. I'd hate to think that more people than necessary have to lose out because of one bad apple.
As for Mr. McBride, he should have taken the advice of SCO's former CEO and left well enough alone.
I don't think it will take long for the board to realize that hiring an individual with a long history of patent trolling does not a good CEO make. Let's hope they don't take too long in coming to that conclusion.
Considering the future of SCO, I really don't mind if they come back as long as they quit it already with the lawsuits.
Well, it just goes to show that those old sayings often prove to be more relevant than expected, i.e. there is no such thing as a free lunch. :-)
Member since:2005-07-24
Thom, that's a nice sentiment. Seriously. In fact, I posted something similar about it being the employees of SCO who were suffering, some years ago. But it's not like today, in 2007, they haven't had over 3 and a half years to find work with a less morally bankrupt company... before it went financially bankrupt as well. The handwriting has been on the wall for some time; You don't have to be a Kreskin... ;-)
I, personally, find it difficult to have much sympathy for them at this late date.
Member since:2005-07-07
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.
I wouldn't be too worried. They are just a shell of a company at this point. Most people left long ago. It's just too bad that it had to end this way because SCO actually had a decent amount of software that still needed support when they decided to become litigators instead of software developers. They've lost their customers now and I don't think they have a chance of getting them back now.
Member since:
2005-06-29
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.