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Jan 23, 2009
Sun cuts 1300 jobs as part of larger layoff plan

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Patrick Thibodeau, Computerworld (US)

Add Sun Microsystems to the list of tech companies rolling out layoffs this week. Sun has notified 1300 employees that they are losing their jobs, part of an initial wave of layoffs that may reach 6000 before the cutting is finished.

Sun says: "the reductions were made across all levels, including vice-presidents and directors."

In November, Sun announced it was cutting 15% to 18% of its workforce as part of restructuring, to save anywhere from $700m to $800m annually.

"We believe the restructuring will result in a more efficient coverage model with resources aligned to growth opportunities," the company says. "We believe that the positions that will be eliminated, when combined with the other cost-cutting measures and organisational changes being implemented, will put the company on track for improved financial performance."




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