Sun Microsystems To Lay Off Thousands
Save Email Print
Bookmark and Share
Sun Microsystems To Lay Off Thousands
Sun Microsystems plans to eliminate thousands of jobs over the next year.
Font Size:

SAN FRANCISCO (October 20, 2009)--Sun Microsystems Inc. plans to eliminate as many as 3,000 jobs over the next year as it awaits a takeover by Oracle Corp.

Sun disclosed the layoffs Tuesday in a regulatory filing.

They’re the latest in a series of job cuts at the server and software maker, whose prolonged financial troubles led to the $7.4 billion deal with Oracle in April.

Oracle's purchase of Sun is being held up by European antitrust authorities who are concerned about possible harm to the database software market.

KWTX Stock Quotes
KWTX Stock Ticker
Real Estate Headlines