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Other Tech News The latest community based technology news from across the globe. (If you aren't a community newsposter then use the "Submit News" section.)

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Old May 31, 2006, 11:39 PM   #1
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Sun to slash thousands of jobs

Source: ZDNet
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Sun Microsystems announced Wednesday plans to cut up to 13 percent of its work force, in its first major restructuring effort under new CEO Jonathan Schwartz.

The struggling workstation and server maker said it will cut between 4,000 to 5,000 employees over the next six months, which represents an 11 to 13 percent cut in its global work force of 37,500. Sun said the bulk of the layoffs are expected to occur in the current quarter.
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