Roy Schestowitz wrote:
> Novell Hikes Execs' Pay
>
> ,----[ Quote ]
> | Open source software maker Novell said last Friday its board approved
> | the increase of its president and chief executive's base salary to
> | US$825,000 per year.
> `----
>
> http://www.linuxinsider.com/rsstory/53226.html
>
> Increasingly I see Novell mentioned as a "Linux company" or "Open Source
> software maker" (it didn't use to be the case).
>
How nice. Novell lays off 20% of it's workforce just before the
Christmas holidays last year. The stock price is down over 30%
year-to-date. But the CEO and CFO get a huge pay raise for themselves.
I'm sure news like this does wonders for morale at Novell.
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