SCO Layoffs Begin

StevisF sends us to the Salt Lake Tribune for this news: "SCO Group Inc. says it is planning to lay off 16 of its 123 employees and has asked a federal bankruptcy court to keep their identities secret because it fears they could be harassed."

Re:What? No comments...?

[belmolis]

The problem is that this is anti-climactic. They haven't laid off everybody but the book-keeper. They're still technically in reorganization, not terminal bankruptcy. SCO hasn't yet been delisted. No criminal charges have been filed. SCO has been so bad, we want blood. To paraphrase Conan, we want "to crush SCO, to see them driven before us, and to rejoice in the lamentations of their women".

Re:Wow. I'm about to comment on. . .

[daviddennis]

I don't see any reason to be vindictive against those who worked on a pioneering version of microcomputer Unix, from way before the time it got cool. For a long time, I'm sure this was a source of great pride, and it's tough to give up on a company that's been handing you your paycheck for eons.

The lawyers, alas, have already gotten rich off this and I don't think destroying them is within our power. Darl McBride and the top executives have probably managed to funnel money out of the company by selling stock. Anyway, they'll be last to be laid off, for sure.

D

They are setting up Golden Parachutes

[cworley]

You have to be familiar with "Utah County Ethics": money made by any means is ethical.

They are not just hiding the names, they want the compensation packages kept secret. Now Daryl and his cronies can place whatever cash the company has remaining into their parachutes before bailing, and the creditors (and public) will never hear a word about it, and that cash will be "off the table" for creditors to grab.

Nobody goes after laid-off employees. How stupid do they think the judge is? Lots of people lost lots of money at Enron, but nobody attacked laid-off employees.

It's just a smoke screen so they can "take the money and run". I hope the Judge can see through this, and tells SCO that he'll look into such anonymity on a case-by-case basis for each employee laid off: low level employees w/ reasonable compensation can be kept private... lavish parachutes for the execs will be hung in public.