Featured Articles

IHS teardown reveals Galaxy S5 BOM

IHS teardown reveals Galaxy S5 BOM

Research firm IHS got hold of Samsung’s new flagship smartphone and took it apart to the last bolt to figure out…

More...
Galaxy S5, HTC One M8 available selling well

Galaxy S5, HTC One M8 available selling well

Samsung’s Galaxy S5 has finally gone on sale and it can be yours for €699, which is quite a lot of…

More...
Intel lists Haswell refresh parts

Intel lists Haswell refresh parts

Intel has added a load of Haswell refresh parts to its official price list and there really aren’t any surprises to…

More...
Respawn confirms Titanfall DLC for May

Respawn confirms Titanfall DLC for May

During his appearance at PAX East panel and confirmed on Twitter, Titanfall developer Respawn confirmed that the first DLC pack for…

More...
KFA2 GTX 780 Ti Hall Of Fame reviewed

KFA2 GTX 780 Ti Hall Of Fame reviewed

KFA2 gained a lot of overclocking experience with the GTX 780 Hall of Fame (HOF), which we had a chance to…

More...
Frontpage Slideshow | Copyright © 2006-2010 orks, a business unit of Nuevvo Webware Ltd.
Sunday, 28 October 2007 12:31

Novell gives pink slips to U.S. workers

Written by David Stellmack

Image

250 employees laid off in U.S.


Novell, Inc.
has laid off 250 U.S. workers as part of an ongoing restructuring program to slash costs, according to its company spokesman, Bruce Lowry. The majority of the jobs will be moved offshore to Bangalore, India, as labor costs are lower there. Lowry stated that, "While it's not a one-to-one match of jobs lost in the U.S. to jobs gained in Bangalore, the most significant impact was on product development. The most important piece of that was, in fact, hiring engineers in India and reducing engineers in the U.S."

The company has previously announced to its investors that it would take between $35 million to $45 million in restructuring charges this year, and Lowry indicated that the costs associated with these layoffs are included as part of the restructuring expenses. We think this sadly says it all as to Novell’s loyalty to its U.S. workers. The reason given for company restructurings seems to always be due to improving the bottom line and keeping the investors happy. 

What we find hard to believe is that U.S. employees are being discarded for cheaper replacement models, when it was the hard work and efforts of U.S. employees for so many years that helped build American-based companies into the success stories that they are. We believe in free enterprise, but we also believe in the golden rule:  do unto others as you would have them do unto you.

Read more here.

Last modified on Sunday, 28 October 2007 13:17

David Stellmack

E-mail: This e-mail address is being protected from spambots. You need JavaScript enabled to view it
blog comments powered by Disqus

To be able to post comments please log-in with Disqus

 

Facebook activity

Latest Commented Articles

Recent Comments