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Calculator sez...
Lemme get this straight. They are going to lay off 10% of 275 people. Let's be abstract here and pretend they actually laid off precisely 27.5 people.

Rule of thumb says these people were costing about $100,000 a pop including salary and benefits.

Calulator sez they have reduced costs by $2.75 million annually, once they get past the one-time severance stuff.

They lose that much in a QUARTER on the Unix business. How is $2.75 million in annual savings going to fill a hole that is $10 million deep?

It can't. Which means that this claim about "return to profitability" is so much canal water. This is just another lame attempt to talk their stock back up as it swirls around the bowl before leaving for the treatment plant.
Posted by: Robert Hahn   Posted on: 05/05/04 You are currently: a Guest | Members login | Terms of Use
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legal fees must be getting a little high  V Sanders | 05/04/04
Haha!!! The plan is ...  michael-t | 05/04/04
RIP . . . We'll Miss Ya . . . NOT  Plain Logic | 05/04/04
Pity...  Martin Marvinski | 05/04/04
Re: Pitty ...  Franklin_z | 05/05/04
Re:Pitty  steveracer | 05/05/04
Re: Pitty ... I agree to somewhat disagree  MG_z | 05/05/04
(NT) So 10% lose their jobs to support this legal fiasco ???  Plain Logic | 05/04/04
(NT) So 10% lose their jobs to support this legal fiasco ???  MG_z | 05/05/04
What's wrong with this picture?  John L. Ries | 05/04/04
Business??  steveracer | 05/05/04
they've p*ssed off so many...  Arm A. Geddon | 05/05/04
"our core business--selling the UnixWare and OpenServer Unix products,"???  James T. Kirk | 05/05/04
No body in their right mind  Arrg | 05/05/04
I'm Melting  steveracer | 05/05/04
The Money Line  Letophoro | 05/05/04
As Baystar said...  John Carroll ZDNet Moderator | 05/05/04
re: As Baystar said...  bgoss@... | 05/05/04
Why do they need those departments?  doctormoriarty | 05/05/04
Sad for employees  drichards1953 | 05/05/04
I don't get it...  richman555 | 05/05/04
Vendor demand  voska | 05/05/04
We are in the same boat  MG_z | 05/05/04
Who needs to sell a product much less market it  nucrash | 05/05/04
Sorry about SCO workers, Management should go  km4hr@... | 05/05/04
Sorry about SCO workers, Management should go  MG_z | 05/05/04
Job Cuts  HagerR15 | 05/05/04
Job cuts  MG_z | 05/05/04
Calculator sez...  Robert Hahn | 05/05/04
Start with the lawyers  CobraA1 | 05/05/04

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