Sun to Cut 5000 Jobs
codemachine writes "In one of Jonathan Schwartz's first acts as CEO, Sun Microsystems has announced that they are cutting up to 5,000 jobs over the next 6 months. The company plans to sell property it owns in Newark, Calif., and to exit leases at a site in Sunnyvale, Calif. Analysts will be pleased that Sun has finally taken steps to cut costs, but what will this mean for the future of the company?"
And to think, just yesterday I was pointed at thier jobs page by a friend...
Moon to cut only 1200 jobs (and Marvin gets to keep his).
Who's your user, program?
Nah, they probably have contracts requiring their former employees to bite down on the cyanide capsule implanted in one of their teeth if they're in danger of divulging Sun's secrets.
Now THAT's a non-compete clause.
A little sunburn can't harm too much
:wq
Remaining Sun employees to be paid in Grid computing hours.