Novell's Day of ReckoningA big shoe is about to drop on the heads of Novell ( NOVL) employees. The betting on Wall Street is that a long-rumored, and likely massive, firing will be announced as soon as Tuesday -- the first day of the business-software maker's new fiscal year. CEO Jack Messman has been attempting to fend off scathing criticism of his leadership and the company's direction by institutional investors, the most notable being San Francisco-based Blum Capital Partners. Richard Blum, the husband of U.S. Sen. Dianne Feinstein, and his partners say they're "discouraged by Novell's recent progress" and "are deeply concerned about the direction and pace you and the board are currently taking. Our conviction is firm in the future promise of the company. The question is whether the current management and board will execute," they wrote in a letter to Messman made public as part of an SEC filing.
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