Sun Microsystems to cut 3000 jobs
Sun Microsystems has announced that they would cut around 3000 jobs sometime next year.
Sun is in the process of getting acquired by Oracle and they are looking for approval from the European regulatory bodies.
The delay means that Sun is losing money and they have to cut costs to stay [...]
Larry Ellison not happy with delay over Sun Microsystems acquisition
Oracle CEO Larry Ellison has revealed that Sun Microsystems is losing around USD 100 million every month.
Oracle is in the process of acquiring Sun but the deal has been delayed by the European regulatory bodies.
He said: “The longer this takes, the more money Sun [...]
Dean Nelson leaves Sun Microsystems to join eBay
Dean Nelson was in charge of the Sun Microsystems’ global data-center strategy.
He has now announced on his blog that he is leaving Sun to join online auction industry giant eBay.
He would now become the senior director in charge of eBay’s global data-center strategy.
He replaces Olivier [...]
Microsoft still interested in Yahoo deal
Microsoft has said that they still see a lot of value in collaboration with Yahoo.
Microsoft has no intentions of acquiring Yahoo however.
Microsoft CEO Steve Ballmer said: “I have said many times that we no longer are interested in acquiring Yahoo, but we’d see the potential to create real [...]
IBM and Sun said to have stopped their discussions
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IBM has been in talks with Sun Microsystems for weeks as per market reports.
The two companies have been discussing a potential acquisition deal.
The latest report [...]
IBM – Sun Microsystems announcement can come on April 6
IBM is said to be in talks with Sun Microsystems over a possible acquisition deal.
Market sources now say that an announcement can come as early as April 6.
IBM is said to be interested in paying between $9 and $10 a share for Sun.
This [...]
Sun Microsystems announces more job cuts
Sun Microsystems has announced more job cuts in their global organization.
The company announced that they are going to cut around 1500 jobs.
This would be part of their restructuring plan announced a few months ago.
Some of these jobs would be cut in their direct sales and professional services [...]
IBM might cut 5000 jobs in the US
Inside sources say that International Business Machines would soon announce a major job cut.
The company might cut as many as 5000 jobs and most of these cuts are likely to take place in their US operations.
IBM has already cut around 4000 jobs since January.
Alliance [...]
Sun Microsystems to cut 6000 jobs
Sun Microsystems has announced that they are planning to cut between 5,000 to 6,000 jobs.
The company is struggling in the competitive market with worsening economic conditions.
This job cut would affect 15 to 18 percent of its workforce.
This is part of their restructuring exercise which is aimed to save $700 million [...]
Andy Bechtolsheim is the new chairman of Arista Networks
Sun Microsystems has lost their co-founder Andy Bechtolsheim once again.
Andy Bechtolsheim is leaving the company to join Arista Networks.
He would become the new chairman and chief development officer of this company.
Bechtolsheim had previously invested in Arista Networks.
Arista Networks specializes in selling powerful network [...]
