Sun Microsystems to cut around 2500 jobs

Sun Microsystems has announced that they are planning to cut between 1,500 to 2,500 jobs in their US operations.

The company needs to cut costs as the US economy is pretty weak and they are facing delays in orders from customers.

Sun added that they would be taking a charge of $130 million to $220 million in its fiscal fourth quarter to account for the cuts.

Popularity: 3%

Tags: , ,



Related Posts

Sun Microsystems post profits

Sun Microsystems to acquire Aduva

Sun Microsystems report lower revenues

Jonathan Schwartz is the new CEO of Sun Microsystems Inc.

JAVA is the new ticker symbol for Sun Microsystems

Your Ad Here

Leave a Comment