Novell expects $35 mln to $45 mln charge for cuts
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| Business software maker Novell Inc. said on Wednesday it expects
| charges of $35 million to $45 million for job cuts and facility
| closures that began in last year's fourth quarter.
|
| [...]
|
| Novell has already taken some $150 million in restructuring charges
| over the past five years, but Chief Executive Ron Hovsepian has
| said restructuring efforts have failed to realize their full
| potential in boosting profitability.
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http://yahoo.reuters.com/news/articlehybrid.aspx?storyID=urn:newsml:reuters.com:20070228:MTFH27345_2007-02-28_22-44-53_N28256160&type=comktNews&rpc=4
http://tinyurl.com/3anqy9
Related:
Novell: Deal with Microsoft Not an Admission of IP Infringement
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| "Novell has never admitted that there are any Microsoft patents in
| Linux," Lowry told BetaNews. "The mutual covenants not to sue
| customers on patents was simply to remove the issue from the
| table for our customers. Microsoft has, at times, chosen to
| highlight the patent agreement in its public statements. We
| believe the interoperability pieces have the most resonance
| with customers. Regardless of what component of the deal one
| chooses to focus on, it's important to keep the whole package
| in mind, since it is, overall, positive for Linux."
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http://www.betanews.com/article/Novell_Deal_with_Microsoft_Not_an_Admission_of_IP_Infringement/1172263821
http://tinyurl.com/yo7nqn
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