news articles


c
May 1, 2008, 10:54 pm
Filed under: Micro, jobs | Tags: , , ,

Photo SAN FRANCISCO (Reuters) – Sun Microsystems Inc (JAVA.O: Quote, Profile, Research) said on Thursday it would cut 1,500 to 2,500 jobs in the face of U.S. economic weakness and delays in orders from some customers.

Sun will take a charge of $130 million to $220 million in its fiscal fourth quarter to account for the cuts, executives said on a conference call following a disappointing quarterly earnings report.

(Reporting by Philipp Gollner, writing by Peter Henderson; Editing by Braden Reddall, Richard Chang)


No Comments Yet so far
Leave a comment



Leave a comment
Line and paragraph breaks automatic, e-mail address never displayed, HTML allowed: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <pre> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>