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Sun to Cut 5000 Jobs

Posted by ryuzaki0 on from the less-than-ideal dept.

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?"

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  1. More informative link by gh · · Score: 5, Informative

    Jonathan Schwartz's blog says a lot more behind the decision to cut the 5,000 employees. You may or may not agree with the decision, but it's far more informative about the direction Sun is heading in than the /. submission link.

    http://blogs.sun.com/roller/page/jonathan?entry=ph ase_2