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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?"

1 of 214 comments (clear)

  1. Will they still be powering eBay? by FatSean · · Score: 0, Offtopic

    I think they have some deal to provide hardware or something...

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    Blar.