Sun slashes 6000 employees
Not a good way to start the day as i´ve found a mail from Jonathan and some Google Alerts mails not much later. Sun will cut costs in the verge of a recession of the worldwide economy. eWeeks write for example in “Sun Flames 6,000 Workers in Cost-Cutting Bid”:
The company says that falling demand for high-end hardware is behind its losses and forcing budget and staffing cuts. The layoffs, which will eliminate as much as 18 percent of Sun's workforce, will save the company $700 million to $800 million. The company will incur a charge of as much as $500 million as a result of the layoffs and restructuring its software division.