Sun plans another 3,000 job cuts
Published: 21 Oct 2009 09:26 BST
Sun plans to cut as many as 3,000 jobs, or about 10 percent of its global workforce, during the next year as it prepares for Oracle's takeover of the company.
The cuts, revealed on Tuesday in a filing with the US Securities and Exchange Commission, represent the second major round of layoffs in a year for the server maker. Sun announced restructuring plans last November to cut up to 6,000 jobs this year, or 18 percent of its global workforce.
Those cuts were disclosed before Oracle announced its $7.4bn (£12.2bn) bid for Sun in April, following Sun's rejection of overtures from IBM. IBM was still interested in Sun and somewhat blindsided by Oracle's move, a source told ZDNet UK's sister site, CNET News, at the time.
Read the full Sun to lay off another 3,000 employees on CNET News.
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