Linked by Eugenia Loli on Sun 23rd Oct 2005 03:27 UTC
Novell and Ximian Novell is expected to initiate a major round of layoffs that could cut 1000 or more jobs in an attempt to restore the server software company's financial strength, according to employees familiar with the plan.
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garret
Member since:
2005-09-18

(Red Hat business model: sell Red Hat stock high, buy back low)

Completly true, and not very well known. RH made a good deal of it's money outside of this Linux Business model.

(In fact, they could make more money in interest on their dot-com immoral profits (what is moral in stealing money from people?)

Nothing immoral here, just over jazed investors. They all knew what they were doing and knew the market is a gamble, it's just like any other stock, you win or loose. Absolutly NOT RH's fault, and NOTHING wrong with it.

(Novell was too late to the game. They have to survive on sales and services alone.)

Completly agreed.

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