Sun Microsystems Announces Layoff of 4000-5000 Employees

Sun Microsystems Announces Layoff of 4000-5000 Employees

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

Sun 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 [...]

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