Layoffs, Restructuring COme to Novell

Update: Novell details layoffs, restructuring plans – Computerworld
Novell Inc. said today that it plans to lay off 600 employees, or 10% of its global workforce, part of an effort to save more than $110 million annually as the struggling software maker restructures to focus on products such as SUSE Linux.

The announcement came a day after the enterprise software maker promoted Ron Hovsepian to be its president and chief operating officer. Hovsepian had been serving as executive vice president and head of global field operations,