Court filings in Delaware have revealed the extent of the meltdown at
SCO, as the
company appeals for funds to hire new employees for its accounts department
after a staff exodus.
SCO Group has already
filed for
bankruptcy protection but the extent of the staff exodus has only just been
revealed. The company is trying to hire new accounts staff and has asked the
courts for $20,000 to fund the recruitment drive.
"Despite the Debtors' relatively minor employee turnover in the 10 years
preceding the petition date upon, or shortly after, the filing of the bankruptcy
petitions, approximately half of the accounting personnel resigned or were
terminated, including two accounting personnel each with over 10 years'
experience," reads the
Delaware
Bankrupcy Court filing (PDF).
"In addition, the Debtors anticipate that additional employees will resign or
be terminated.
"As a result, the Debtors' accounting and finance department needs to hire,
if not on a permanent basis, on a temporary basis, at least three accounting
personnel to assist the Debtors' accounting needs for their fiscal year ending
October 31 2007, and perhaps for a period of time thereafter."
SCO has admitted that the wave of departures will demoralise those staff who
stay, and that the company will be unable to compensate them for their
additional workloads owing to bankruptcy rules.
The court in Delaware has
granted
SCO's petition (PDF) and told it to employ staff on an "as needed" basis.
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