Sad news for the technology world or at least to people working for Sun Microsystems. The company is planning to cut its work force globally by about 18%. That is a total of around 6,000 jobs worldwide. The reason was the reduction in sales of high-ends servers.
The Santa Clara, California-based company said the job cuts will include between 5,000 and 6,000 employees over the next year. The cuts should save an estimated $700 million to $800 million annually.
The decision to reduce its workforce was due to Sun's desperation to cut costs and survive as an independent company.
The Santa Clara, California-based company said the job cuts will include between 5,000 and 6,000 employees over the next year. The cuts should save an estimated $700 million to $800 million annually.
The decision to reduce its workforce was due to Sun's desperation to cut costs and survive as an independent company.
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