Umm... LOTR? It would be nice to have all those discs in the expanded version on one disc. You can never have enough space. I can't wait until its virtually infinite.
I want to be able to store the worlds data on my wrist watch 10 times over!
So 4000 people lost their jobs, their paychecks, had their credit destroyed, savings destroyed, retirement destroyed, probably lost their cars and possibly even their homes for some management "strategy." This story is not unique. I've seen people laid off with five minutes notice. No reason. No recourse. No nothing. Just pack your stuff and get out.
Why would their credit be destroyed, retirement destroyed, etc? That would be poor financial planing on that particular person. I've known people in this situation, who have high rent, new car, etc and are doing fine, even though they havn't found work just yet.
This doesn't show that large companies are just as risky as startups though. This is just shows that there are problems in the economy, which makes startups an even higher risk.
Well, yeah not necessarily the same compay for 30 years, thats crazy in the IT industry. But that general direction. ie, staying away from startups. But its still not uncommon to work for a more than 2 years for an established company. I've seen many resumes with 5+ years with one company.
Planning for retirement should always been on people's minds, especially if you are in young and in your early 20's. This is the best time to start an RSP, if you can afford to put the money away, it will let you retire earlier.
Although I havn't yet started my retirement savings yet myself...:) But I'm not as conservative as maybe I should be.
I agree. I've kinda been in this situation myself, taking pay cuts to help extend the life of a company. And at 70 employees there may have been 1 or 2 that had kids. Most were young and free all with the hopes of making it big.
Its a high risk game, you have to really put your goals and lifestyle in check when you start working for a young startup. You can either work for a large established company, work 9-5, no shares (maybe stock options if your lucky), work for 30 years and retire with a healthy RSP or other retirement savings plan...
Or work for a startup, get shares/options, work your ass off at making the company successful, cash in and then go play golf.
Its just that "making the company successful" part that is the hard part. You can do this for a long time without getting anywhere.
Slashdot Mirror
It sounds like SCO has been using Pot Butter to me!
Possibly not ok for SGI, but ok for me. SGI has at least investigated the claim and has and will remove code that has been added to the kernel.
We will just have to see how things turn out.
Mistakes happen. Its nice to see someone like SGI step up and admit what really happened and actually take serious steps to correct the problem.
I just hope they leave an impression on other proprietary based companies looking to be apart of the community.
Umm... LOTR? It would be nice to have all those discs in the expanded version on one disc. You can never have enough space. I can't wait until its virtually infinite.
I want to be able to store the worlds data on my wrist watch 10 times over!
Trakker
So 4000 people lost their jobs, their paychecks, had their credit destroyed, savings destroyed, retirement destroyed, probably lost their cars and possibly even their homes for some management "strategy." This story is not unique. I've seen people laid off with five minutes notice. No reason. No recourse. No nothing. Just pack your stuff and get out.
Why would their credit be destroyed, retirement destroyed, etc? That would be poor financial planing on that particular person. I've known people in this situation, who have high rent, new car, etc and are doing fine, even though they havn't found work just yet.
This doesn't show that large companies are just as risky as startups though. This is just shows that there are problems in the economy, which makes startups an even higher risk.
Well, yeah not necessarily the same compay for 30 years, thats crazy in the IT industry. But that general direction. ie, staying away from startups. But its still not uncommon to work for a more than 2 years for an established company. I've seen many resumes with 5+ years with one company.
:) But I'm not as conservative as maybe I should be.
Planning for retirement should always been on people's minds, especially if you are in young and in your early 20's. This is the best time to start an RSP, if you can afford to put the money away, it will let you retire earlier.
Although I havn't yet started my retirement savings yet myself...
I agree. I've kinda been in this situation myself, taking pay cuts to help extend the life of a company. And at 70 employees there may have been 1 or 2 that had kids. Most were young and free all with the hopes of making it big.
Its a high risk game, you have to really put your goals and lifestyle in check when you start working for a young startup. You can either work for a large established company, work 9-5, no shares (maybe stock options if your lucky), work for 30 years and retire with a healthy RSP or other retirement savings plan...
Or work for a startup, get shares/options, work your ass off at making the company successful, cash in and then go play golf.
Its just that "making the company successful" part that is the hard part. You can do this for a long time without getting anywhere.