Layoffs at Siebel last Friday

Here's an update on layoffs that are going on at Siebel.

Anyone who didn't get an offer last Friday was walked out of the office. For the full-time employees who joined Siebel prior to the acquisition announcement, there was fairly generous severence package. Siebel put a "Change of Control" benefit program in place last May, so we knew the package we would get if we weren't retained post-sale.

By the way, we are hiring.

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