Sun layoffs announcement coming this Thursday
By Tom Foremski - June 20, 2006
Sun Microsystems (SUNW) will on Thursday announce a large round of layoffs in a bid to cut about one-half billion dollars in annual costs as it transforms itself into a broad based computer software and services company.Jonathan Schwartz, CEO of Sun will make the announcement to staff and investors on Thursday, said a Sun source. The cuts are expected but the timing was not known.
From my post on ZDNet: IMHO
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