Layoffs at IBM, Novell
IBM is laying off half of its massive Global Services group, according to Cringley. The RIF starts with 1,300, and is expected to hit as many as 150,000 employees. (!!!) Cringley says that the layoffs are a result of underbid, unprofitable services.
At the same time, I've heard from several friends at Novell that a quiet restructuring is happening there. Developer Services and the NetWare groups have reportedly been hit hardest, but I also know much of the Linux Impact Team has volunteered to take severance and look for greener pastures.