Saturday, February 7, 2009

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Novell Layoffs May Exceed Original Estimates

Novell is looking to both add and subtract people at the same time.
Addressing employees in Germany on Thursday, CEO Ron Hovsepian said he would have to make more employee cuts than he originally expected, according to published reports.

This comes just a day after he pledged that layoffs would exceed no more than 100 employees. Hovsepian didn't say how many more than the original 100 would be let go. Earlier this week, Novell officials denied scattered reports that it would be laying off up to 1,000 employees, which would represent some 25% of its workforce.

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