Beta
×

Welcome to the Slashdot Beta site -- learn more here. Use the link in the footer or click here to return to the Classic version of Slashdot.

Thank you!

Before you choose to head back to the Classic look of the site, we'd appreciate it if you share your thoughts on the Beta; your feedback is what drives our ongoing development.

Beta is different and we value you taking the time to try it out. Please take a look at the changes we've made in Beta and  learn more about it. Thanks for reading, and for making the site better!

Royal Bank of Canada Cashes Out of SCO; SCO Begins Layoffs

michael posted more than 10 years ago | from the so-long-and-thanks-for-all-the-lawsuits dept.

Caldera 585

jbell99999 is the first one to submit news that the Royal Bank of Canada is divesting itself of SCO stock. They're selling part of their preferred stock to Baystar, which has already indicated that they want to redeem their shares, and converting the rest to regular stock, which they can presumably sell on the open market. In other SCO news, Versicherung writes "The Santa Cruz Sentinel is reporting, SCO is laying off 10 percent of its worldwide workforce. The cuts come less than a month after the company brought on a new chief financial officer and just before the company ended its second fiscal quarter April 30." See also stories at Eweek and Linuxinsider.com.

cancel ×

585 comments

Sorry! There are no comments related to the filter you selected.

First Post (-1, Offtopic)

Pranjal (624521) | more than 10 years ago | (#9088703)

Let the party begin!

Oblig. Simpsons Quote (4, Funny)

Big Toe (112240) | more than 10 years ago | (#9088708)

Haha!

good (-1, Redundant)

Motherchucker (753076) | more than 10 years ago | (#9088709)

good

Re:good (5, Insightful)

DaHat (247651) | more than 10 years ago | (#9088768)

Say what you want about the policies or politics of SCO, it is always unfortunate when large numbers of people are laid off due to the problems of the company (ie those who made the bad decisions get to keep their cushy jobs).

Thank "The Doors.".. (4, Funny)

pegr (46683) | more than 10 years ago | (#9088710)

This is the end
Beautiful friend
This is the end
My only friend, the end

Of our elaborate plans, the end
Of everything that stands, the end
No safety or surprise, the end
I'll never look into your eyes...again

Quite appropriate, don't you think?

beautiful new world... (0)

Anonymous Coward | more than 10 years ago | (#9088767)

and yet, it's really only the beginning of a wonderful new world :)

Re:Thank "The Doors.".. (-1, Flamebait)

Anonymous Coward | more than 10 years ago | (#9088773)

no.

Re:Thank "The Doors.".. (0)

Anonymous Coward | more than 10 years ago | (#9088777)

beauty. all is going exactly as we all expected, methinks

Reminds me of Apocalypse now... (3, Funny)

freeze128 (544774) | more than 10 years ago | (#9088877)

Utah. Shit. I'm still in Utah.

Re:Thank "The Doors.".. (5, Funny)

daeley (126313) | more than 10 years ago | (#9088882)

People are strange when you're Darl McBride
Linux looks ugly when you're alone
IBM seems wicked when you've just sued them
Wall Street is uneven when your stock is down

When you're Darl
Lawyers come out of the rain
When you're Darl
No one won't curse your name
When you're Darl
When you're Darl
When you're Darl

Re:Thank "The Doors.".. (3, Insightful)

Shakrai (717556) | more than 10 years ago | (#9088905)

I'll catch hell and lose all my karma for this but perhaps we shouldn't be so quick to cheer this on. Darl is an evil bastard but I feel bad for the people who have the misfortune of working there (and who might not have anywhere else to go -- the economy sucks) that are about to get pink slips because of his ill-advised legal battle against IBM.

I doubt you'd be so quick to cheer if a member of your family worked for them -- or if you owned stock and have been watching Carl & Co. run it into ground.

Re:Thank "The Doors.".. (5, Insightful)

pr0c (604875) | more than 10 years ago | (#9088941)

If I were an employee there I would have been looking for a new job for months and months and months... Not because I hate SCO but because I would consider the job to be too unstable. If they couldn't have the foresight to do the same... screw em.

Re:Thank "The Doors.".. (1, Interesting)

Anonymous Coward | more than 10 years ago | (#9088906)

I said, "Darl I'm here to kill you."

And he walked on down the hall...

So the moral of this story.... (5, Funny)

LordPhantom (763327) | more than 10 years ago | (#9088716)

....is Canadian shareholders are wiser than the US ones?

Bre-X (4, Funny)

Jason1729 (561790) | more than 10 years ago | (#9088745)

The subject says it all (at least to any Candians reading this).

Jason
ProfQuotes [profquotes.com]

Re:Bre-X (5, Interesting)

IgnoramusMaximus (692000) | more than 10 years ago | (#9088862)

You got it. Being a Canadian myself I would like to bask in the glory of us as a whole being smarter, better, more educated, more richeous etc., but...

Although it starts amongst joyous meadows and cheerful flowers, truly great evil this path leads to. Evil bearing names like Abu Gharib and My Lai.

So just note that it was Royal Bank who against all common sense invested in SCO in the first place. They are just now growing cold feet and preparing to run for the door.

Re:Bre-X (-1, Offtopic)

Anonymous Coward | more than 10 years ago | (#9088944)

Stupid eh-hole, don't bask too long in the "glory" of the Canadian education system. Learn to spell richt. Sigs cause cancer.

Re:Bre-X (0, Offtopic)

leoxx (992) | more than 10 years ago | (#9088872)

That's why I always follow the rule that says if it sounds too good to be true, it usually is. Anyone who invests in the stock market should keep this in mind before they throw money at companies like SCO and BreX.

Re:Bre-X (0, Redundant)

MarkGriz (520778) | more than 10 years ago | (#9088916)

+1, Insighful.
(Damn...just wasted my mod points on some useless crap)

OT, but there's an interesting episode of "Masterminds" running on CourtTV which gives the details on the Bre-X story. Pretty damn clever.

Re:Bre-X (1)

Rakshasa Taisab (244699) | more than 10 years ago | (#9088981)

I think it says more about the rest of the world than Canada and the US.

Where have you been? (5, Informative)

Anonymous Coward | more than 10 years ago | (#9088720)

"Begins layoffs"? Where have you been, SCO has been laying off staff for months now.

In Santa Cruz, for example, they sliced their tech staff by like 80% or something.

Re:Where have you been? (1)

Buh-Zard (692505) | more than 10 years ago | (#9088797)

10% of the workforce to be laid off? What's that- 10 pissed off lawyers? Seriously - should be some interesting leaked memos once this happens.

Re:Where have you been? (1)

Adriax (746043) | more than 10 years ago | (#9088814)

Yeah, but they replaced them with pit vipers^H^H^H^H^H^H^H^H^H^H lawyers. So until now they haven't had a net loss of employees.

I guess the litigation business model is failing them.

Great news? How about some solidarity?! (0)

Anonymous Coward | more than 10 years ago | (#9088835)

Before you rejoice, think about your fellow geeks, completely innocent when it comes to SCO's executive rampage, who are losing their jobs.

Re:Where have you been? (1)

DigiShaman (671371) | more than 10 years ago | (#9088956)

SCO is a litigation firm now. So it only makes since for them to "trim the fat" by getting rid of non-legal staff.

who? (3, Funny)

name773 (696972) | more than 10 years ago | (#9088721)

man those linux people must be real meanies... harming an innocent nice company like sco. ugh.

Re:who? (1)

cswiii (11061) | more than 10 years ago | (#9088990)

Well, that's certainly what Mr. Pretenderle seems to think [enderlegroup.com] .

I hope someone frames that diatribe for posterity. I think it might well rank up there, eventually, with the likes of "Dewey Defeats Truman".

10%? (4, Funny)

Anonymous Coward | more than 10 years ago | (#9088723)

As Chairman Mao says, "the journey of a thousand li begins with one step."

--------
Free mobile porn [steamymobile.com]

Re:10%? (5, Funny)

artwells (175888) | more than 10 years ago | (#9088984)

How do you say "off a short pier" in Chinese?

Finally! (2, Funny)

tweakt (325224) | more than 10 years ago | (#9088725)

It's about damn time... I guess they couldn't keep the air in the stock price any longer.

Re:Finally! (0)

Anonymous Coward | more than 10 years ago | (#9088833)

I strongly suspect that the announcement was intended to hold up their share price a little longer.

10 Percent of their workforce! (5, Funny)

Anonymous Coward | more than 10 years ago | (#9088729)

Man, that's a lot of attorneys out of work!

Re:10 Percent of their workforce! (1)

Jason1729 (561790) | more than 10 years ago | (#9088820)

Maybe they're join rambus and threaten to sue everyone using DDR memory.

Jason
ProfQuotes [profquotes.com]

Re:10 Percent of their workforce! (1)

kidgenius (704962) | more than 10 years ago | (#9088911)

Or Infinium Labs and sue everyone that mentions your product (or at least the lack thereof)

Yesssss (0, Troll)

Animaniac (719374) | more than 10 years ago | (#9088731)

The beginning of the end! It is indeed the "Year of Linux."

YOU MORONS HAVE BEEN SAYING THAT FOR FIVE YEARS (-1, Flamebait)

Anonymous Coward | more than 10 years ago | (#9088793)

Re:Yesssss (-1, Offtopic)

Jason1729 (561790) | more than 10 years ago | (#9088979)

I switched from Linux to Windows about 3 years ago. It was just a pain in the ass to try and do anything in linux. You want to install a network card? Better set aside a weekend to recompile the kernel and then spend countless frustrating hours trying to configure everything.

Plug the same card into a windows machine and you're browsing the web in under 5 minutes.

Just this week I'm trying to give linux another shot. I have an old powerbook I want to set up as a wireless web browsing station, and WiFi cards that it supports are all 5 year old tech which is still a lot more expensive than a new card, so using YellowDog linux seemed like an ideal solution. The main install went well enough, expect it's only got a 2 gig drive and the distro puts a lot of useless junk on (like PPoE) so there's no room for X.

Then I have to spend hours browsing poorly written howtos and websites to find a driver that *might* support my network card. I downloaded the prism2 sourcefiles (since it's running on a PPC, I couldn't find a binary version), and then when I try to 'make configure' it wants the kernel source code...okay, I download the kernel source code, and prism still says it's missing or incomplete. I even tried recompiling that source and I get the same problem.

It's just not worth it. I'll spend the $1600 on a new powerbook (that will run OSX and includes an apple WiFi card). Anything is better that continuing to struggle with linux.

This is not the year of linux yet. Maybe I'll try it again on a desktop in a couple of years.

It works well enough on the server; I do have a linux server that started as slackware 3.3, and maintaining server features is reasonably easy, but linux is still useless on the desktop.

start with... (2, Funny)

el_diavalo (582943) | more than 10 years ago | (#9088734)

they should start the layoffs with darl and all those damn lawyers... adaptation of an old joke - what darl mcbride and 1/10 of the sco lawyers at the bottom of the ocean? - a good start.

Re:start with... (1)

gradedcheese (173758) | more than 10 years ago | (#9088766)

and how about some jail time for extorsion, etc?

Smilin' like the Enzyte Guy (4, Funny)

wowbagger (69688) | more than 10 years ago | (#9088740)

This news has me smilin' like the Enzyte Guy!

First POST!!!!!!!1!!!!1!!!!!!!!!! (-1, Offtopic)

Anonymous Coward | more than 10 years ago | (#9088741)

First post! W00t!

ha! (1, Funny)

Saturninus (691651) | more than 10 years ago | (#9088750)

That will teach SCO to screw with Linux!

Intellectual Property Claims? (5, Interesting)

Anonymous Coward | more than 10 years ago | (#9088753)

He said BayStar had reached "the conclusion that SCO should focus its resources on its most valuable asset: its intellectual property claims."

I'm sorry, which intellectual property claims were those?

Does Baystar believe their claims of their source code in Linux are meritable?

Re:Intellectual Property Claims? (0)

Anonymous Coward | more than 10 years ago | (#9088994)

No, they just believe that SCO's intellectual property claims are more valuable than anything else SCO still has.

How nice. (2)

corporate_ai (775461) | more than 10 years ago | (#9088755)

It couldn't have happened to a nicer group of people.

Re:How nice. (0, Offtopic)

The I Shing (700142) | more than 10 years ago | (#9088893)

Yikes... spell-check your sig, dear friend.

Way off-topic, but eh...

I again refer you to my post dt. July 02 (4, Insightful)

unixwin (569813) | more than 10 years ago | (#9088760)

The link Slasdot.org [slashdot.org]

or just the quote below...


Differently seen companies chasing their tails in copyright infringments, trade protocol violations and intellectual property rights are generally the ones which are going to fall pretty soon.

Short on cash and not being able to earn/fund the millions they were used to in the dotgone era they are metamorphosing into scavengers and opportunists ....
SCO is a shining example The crummy economy is bringing out the best in a lot of Companys, their legal team thinks, "we are getting irrelevant (as a team) , lets think up something to make some money and make sure we dont' get laid off," "hmmm... patent # 5551212 seems to be worth looking into" and there starts their Road to Hell [lyricsdepot.com] [lyricsdepot.com]

Easy money (or so they think) ,lot of publicity (for sure) and a lot of hits on their website , so there's a new concept for you

the legal team is now the marketing team

and so it begins (1)

no-arg constructor (775215) | more than 10 years ago | (#9088761)

layoffs, people divesting stock, we all knew it was a matter of time, and like always, "the industry" is behind in its observations. sco has no allies now, even baystar is hinting at letting go. this will probably mean a dismissal of all the suits eventually (hopefully with extreme prejudice), and linux will have had more advertising than money could buy.

Not a Good Stock to Own (5, Informative)

jcrash (516507) | more than 10 years ago | (#9088763)

Ouch - currently, 50% [yahoo.com] of the total float of SCOX (the SCO Stock) is shorted.

So, for every person betting it is going to go up, there is someone betting it will go down.

Re:Not a Good Stock to Own (1)

ezzzD55J (697465) | more than 10 years ago | (#9088824)

<clueless type="financial">How about put options?</clueless>

Re:Not a Good Stock to Own (1)

mindstrm (20013) | more than 10 years ago | (#9088954)

I don't think sco has anything on the options market at all.. I tried to find some on cboe a while ago, nothing there.

Re:Not a Good Stock to Own (4, Informative)

Jonboy X (319895) | more than 10 years ago | (#9088957)

The scary thing about that statistic is the idea of a short squeeze [investorwords.com] . Basically, that means that if the price rises a bit, maybe some people are forced to buy back the stock, 'cuz they don't have enough money in their margin account to cover the stock's value anymore. This buy bumps the price some more, and now the next guy has to cover. It's hardly ever an issue, but 50% short interest is pretty much unheard of.

Of course, for this to happen, the stock price would actually have to go *up* first...

What do you bet... (4, Funny)

Anonymous Coward | more than 10 years ago | (#9088765)

... that none of those layed off are lawyers?

Re:What do you bet... (0, Redundant)

gradedcheese (173758) | more than 10 years ago | (#9088795)

right, they're just focusing on their main business model (frivolous law suits)

Lay-offs abroad? (3, Funny)

BuddieFox (771947) | more than 10 years ago | (#9088775)

"The Santa Cruz Sentinel is reporting, SCO is laying off 10 percent of its worldwide workforce."

I guess they are laying of lawyers in Germany then? :)

They will be missed (0)

Anonymous Coward | more than 10 years ago | (#9088776)

Like a bad case of hemorrhoids

Though in a way i was hoping this suit would actually end in court, with a legal result that would put others off attempting the same.

-SafT

Stupid RBC (1)

mindaktiviti (630001) | more than 10 years ago | (#9088778)

As a Canadian, I feel ashamed that Royal Bank of Canada invested in such an entity.

"No soup for you!" RBC!

Stupid RBC (2, Insightful)

P. Norbert Ebersol (265428) | more than 10 years ago | (#9088855)

As a Canadian, AND someone with actual money in RBC investments, I'm totally disgusted. It's as bad in my eyes as having investments in Enron or any other such corrupt company propped up by shady deals and questionable legalities.

Of course, theres no point in whining about it now, as they've made their money and are getting out of it probably with a bit of profit at the expense of people even stupider.

Still, it makes me question the bank I've used exclusively over the past 20 years. I'm forced to take a closer look at what they're doing with my money.

Re:Stupid RBC (0)

Anonymous Coward | more than 10 years ago | (#9088978)

Um, if you really ARE invested in RBC, you should be happy that your bank has made you money off its investments.

If you feel badly about it, you can always take your share of the proceeds and donate it to charity, rather than whining about it on Slashdot.

(Why don't I get the feeling that's going to happen?)

Re:Stupid RBC (4, Interesting)

Dav3K (618318) | more than 10 years ago | (#9088993)

I also deal heavily with RBC and almost did switch banks. I stayed with them only because they gave me the best service. However I did shuffle my mutual funds to non-sco funds and was clear about my reasons for doing so. At this point I am just relieved that RBC is no longer involved in this mess .

Re:Stupid RBC (1)

math0ne (567591) | more than 10 years ago | (#9088888)

I strongly agree with this, if i had knowledge of this before now i would have definativly switch banks.
Is there a page that details all company's that have a stake in SCO?

Layoffs are not nice (3, Insightful)

cwernli (18353) | more than 10 years ago | (#9088779)

Even if they weren't everybody's darling, they at least didn't manufacture any weapons.

Ding Dong... (0, Redundant)

Esion Modnar (632431) | more than 10 years ago | (#9088781)

...the witch is (almost) dead, the evil witch is (almost) dead. Heh.

Re:Ding Dong... (2, Funny)

grub (11606) | more than 10 years ago | (#9088886)


Did Netcraft confirm it? Poor SCO, truly an American icon.

The begining of the end... (2, Insightful)

WordODD (706788) | more than 10 years ago | (#9088782)

Uh oh looks like Microsoft is going to need to find a new puppet company to attack Linux through now that SCO's end may be in sight.

Re:The begining of the end... (2, Informative)

leoxx (992) | more than 10 years ago | (#9088908)

They already have [cpilive.net] .

Re:The begining of the end... (1)

rajafarian (49150) | more than 10 years ago | (#9088937)

... looks like Microsoft is going to need to find a new puppet company to attack Linux...

SUN? [sun.com]

It's not over yet... (3, Insightful)

Anonymous Coward | more than 10 years ago | (#9088787)

Remember, they still have a decent chunk of money in the bank. Until that's gone, this isn't over.

Nelson sez: (-1, Troll)

Anonymous Coward | more than 10 years ago | (#9088806)

Ha ha!

stock price (4, Interesting)

bhny (97647) | more than 10 years ago | (#9088807)

The strange thing about SCOX stock is the volume is very tiny.
Today it was 64,035. That's about the equivalent of 2 day-traders flipping the stock back and forth.

What does that mean? Nobody is interested in buying or selling this thing.

Oblig. Star Wars reference (5, Funny)

3Cats (113616) | more than 10 years ago | (#9088809)

Minion to Darl:

".. We've analysed their attack sir, and there is a danger. Should I have your ship standing by?"

3C

I know some of these people ... (5, Insightful)

JMZorko (150414) | more than 10 years ago | (#9088818)

I live in Santa Cruz, and know some of these people who were laid off recently. I don't like what SCO is doing, either ... and I have fond hopes that they fail miserably with regards to their Linux IP litigations. Still, some good friends of mine are now without work, without prescription benefits, and in this jobless recovery, without much hope. I feel very badly for them.

Regards,

John, human

Re:I know some of these people ... (5, Insightful)

DAldredge (2353) | more than 10 years ago | (#9088879)

Tough Shit. They where working for the devil and they knew it.

Re:I know some of these people ... (2, Insightful)

silas_moeckel (234313) | more than 10 years ago | (#9088921)

Even worse who realy wants to hire anybody with the taint of SCO on there resume? I'm not saying they didn't have some good people but lets face it managers do look at where your comming from and if your laid off from SCO that tell me that you were to dumb to leave let me correct that run while sending your resume to every head hunter you have ever known, away from that ship. Moral is start thinking about leaving when your company goes bad not when they lay you off as they tank.

Re:I know some of these people ... (0)

Anonymous Coward | more than 10 years ago | (#9088943)

Uh, did you not read the links? The Linux companies are booming and hiring. Your friends can easily find work.

With such wonderous business sense... (0)

Anonymous Coward | more than 10 years ago | (#9088819)

It is no wonder my Royal Bank investments barely make money. Makes me wonder if they have anyone on staff with even half a clue. Any geeky kid in a small town high school could have picked SCO as a loser.

SCO and IP property rights (DMCA?) (2, Interesting)

Anonymous Coward | more than 10 years ago | (#9088821)

What people need to realize is that while the Royal Bank of Canada is the indirect cause of the layoffs, the direct cause is still SCO due to their misuse of the Anser Albifrons clause of the DMCA which allows for this behaviour. The previous versions of Linux (2.4 and 2.2), while allowing for activities that are partial to the clause are not stable enough for the Royal Bank to continue to fund the stock trades of the SCO while they are Cashing out as per the title of this slashdot article.

Heh.. Play with fire.. Get burned (3, Informative)

Anonymous Coward | more than 10 years ago | (#9088825)

"The Series A-1 stock was purchased at a price of $1,000 per share, and will be converted to common stock based on a conversion price of $13.50 per share." Now.. I'm a stock market clod.. SCOX is currently trading at 6.. It's already lost 58ish percent. At least BayStar knows that the loss is covered.

SCO Imitates Art (5, Funny)

yorgasor (109984) | more than 10 years ago | (#9088826)

I came across this old Calvin and Hobbes strip and wondered if this [yorgalily.org] is how SCO's planning meeting went

Wise Canadian company? (-1, Troll)

crivens (112213) | more than 10 years ago | (#9088842)

Wow a wise Canadian company! Who'd a thunk it!?

Re:Wise Canadian company? (1)

AndroidCat (229562) | more than 10 years ago | (#9088958)

Not that smart or they wouldn't have invested in the first place. Sure, buying SCOX at the start of this freak-show then selling it at the peak could have made a lot of money, but as I recall, RBC got into this fairly late.

I can't help feeling... (5, Funny)

Phidoux (705500) | more than 10 years ago | (#9088849)

... that MS is going to end up buying SCO. Then MS will probably GPL Unix, drop all the IP suits and end up trying to look like the good guys.

Bert Young (4, Informative)

Jonboy X (319895) | more than 10 years ago | (#9088850)

Just so ya know, Bert Young has a experience in helping companies that are basically dead in the water keep up the illusion of growth right up to the moment of reckoning. The GL has a story on it here [groklaw.net] .

Re:Bert Young (2, Interesting)

snakecoder (235259) | more than 10 years ago | (#9088949)

I did a little googling on Bert Young and two words I don't see in any of his ventures are "profitable business". Hiring that guy seems to be synonymous with writing a suicide note.

I will miss the entertainment though, sniff sniff.

To get more customers (5, Funny)

Salo2112 (628590) | more than 10 years ago | (#9088853)

1. Stop suing them.
2. Then start selling an actual product.
3. Profit.

I can't wait to see how Laura Didio spins this one as a plus for SCO.

Investment Strategy (5, Insightful)

Kozar_The_Malignant (738483) | more than 10 years ago | (#9088866)

I prefer to own stock in companies that:
  • Have a product
  • that is involved in sales
  • to customers
  • generating revenue
SCO seems to have none of these things.

Re:Investment Strategy (1)

Mateito (746185) | more than 10 years ago | (#9088939)

I thought you were a Sun shareholder until I read the last point:

Disclaimer: I am :(

Good, but sad (2, Interesting)

Rhesus Piece (764852) | more than 10 years ago | (#9088874)

As glad that I am that a company with questionable business practices is getting what is coming to them, it also marks a pile of Linuxey IT workers who are out of a job. I don't care how evil we may think SCO is, there are folks in there just trying to do a good job and support their families. So, before we say, "Hurray! The Enemy is losing!" we should keep in mind that some of our own are amongst their ranks. Err.. were. Also, imagine applying for a job at a linuxey firm.. "Says here you worked for SCO.. they tried to ruin linux, right" "Oh.. it says SCO? That must be a typo." "There is a whole paragraph, in detail.." "It's ALL A TYPO!"

Re:Good, but sad (0)

Rhesus Piece (764852) | more than 10 years ago | (#9088915)

Also, I need to learn how to format slashdot comments so they keep the newlines I set.
Sorry to anyone trying to read that big mush of text in the parent.

10% is nothing... (4, Informative)

taped2thedesk (614051) | more than 10 years ago | (#9088883)

...compared to the past year:

From SCO.com:
Q. How many people does The SCO Group employ? A. As of April 30, 2003, 339 employees.

From the article:
Stowell said the cuts totaled less than 10 percent of the company's total worldwide work force of 275. There were cuts, however, earlier in the quarter as well. In March the company reported 305 employees, including 73 in Santa Cruz.

339 - 275 = 64 positions gone from April 2003 to May 2004, not including these layoffs. Jeez.

Martyrdom (5, Insightful)

AndyCap (97274) | more than 10 years ago | (#9088887)

I do fear that the next spin on this will be martyrdom, Poor little SCO couldn't get justice before it was forced to its knees by the brutal linux movement sponsored by the behemoth IBM, or something to that effect.
--

Burn SCO Group BURN!!! (1, Funny)

Anonymous Coward | more than 10 years ago | (#9088898)

burn, burn (2x)
burn, burn, burn...

open up
now open up

you lied, you faked
you cheated, you changed the stakes
magnet Toss that pie in the sky
unrehearsed, let the bubbles burst
all in all, a three-ring circus
of unity with parody
tragedy or comedy
problably publicity

open up, make room for me
now open up, make room for me

lose myself inside your acchemes
go for the money, honey
not the video screen
be a lying CEO, blah blah blah
go the whole hog be bigger than God

burn SCO Group burn, taking down LindonTown
burn SCO Group burn, down to the ground
burn SCO Group burn, burn Darl McBride burn
take down LindonTown, burn down to the ground

down, into the ground

burn, burn, burn
burn.....

SCOwned! (1)

siliconoddity (731372) | more than 10 years ago | (#9088910)

SCOwned!

Workforce? (1, Interesting)

Anonymous Coward | more than 10 years ago | (#9088927)

They had a workforce? What did they make?

Time to head for the liquor store... (2)

Eggplant62 (120514) | more than 10 years ago | (#9088930)

The party starts now. Anyone who knows where I live, is welcome over here for a drink.

Re:Time to head for the liquor store... (0)

Anonymous Coward | more than 10 years ago | (#9088986)

Okay, coming over!

* man, not only does writing spyware get me money, it gets me free drinks! *

Netcraft? (-1, Offtopic)

Anonymous Coward | more than 10 years ago | (#9088933)

What, no Netcraft posts yet?

Hallelujah! (1)

d4rkmoon (749223) | more than 10 years ago | (#9088950)

Sheesh... SCO finally laying off? They need to get rid of that senior management that thought of this stupid scheme to chase after Linux. Of all people, they should have took a hint from DEC and the rest of the big computer companies of the 80s. If your product is slowing in it's life-cycle, perhaps it's time to look at adopting a new product? (like Linux??? ) haha. Feel sorry for the poor souls that work for them and are getting laid off though, especially in this economy. You worked for SCO? Welcome to Burgers R US!

SCO has employees? (1)

FooGoo (98336) | more than 10 years ago | (#9088955)

Is this a layoff or are they replacing them with more lawyers?

Well... (5, Informative)

QuasiCoLtd (727325) | more than 10 years ago | (#9088967)

According to Zdnet [com.com] those being laid off are mostly in the engineering, marketing, and sales depatments. This is very telling for a so-called "tech" company to lay-off those responsible for creating and selling your core product. Of course we all know that SCO is a litigation company and has no need for engineers to improve a product, no marketers to hype the non-existant product, and no salesmen to.... well you get the idea.
Load More Comments
Slashdot Login

Need an Account?

Forgot your password?

Submission Text Formatting Tips

We support a small subset of HTML, namely these tags:

  • b
  • i
  • p
  • br
  • a
  • ol
  • ul
  • li
  • dl
  • dt
  • dd
  • em
  • strong
  • tt
  • blockquote
  • div
  • quote
  • ecode

"ecode" can be used for code snippets, for example:

<ecode>    while(1) { do_something(); } </ecode>