Planned cuts to aid 'efficiency'
By Colin Barker
Published: 26 January 2009 08:52 GMT
Sun Microsystems has laid off 1,300 workers, part of a planned sequence of redundancies first revealed in November last year when the company announced it was intending to shed 6,000 people, or 14-18 per cent of its workforce.
The job losses are worldwide, and follow Sun's announcement in December that 130 jobs were going at the company's plant in Scotland.
In a statement, Sun said on Thursday the redundancies were made across all levels "including vice presidents and directors". The cuts are part of a restructuring of the company, Sun said, that are intended to save between $700 to $800m each year. The company said it believed the restructuring would "result in a more efficient coverage model with resources aligned to growth opportunities".
According to the statement, the company believes cost-cutting measures and organisational changes "will put the company on track for improved financial performance".
Original article: Sun confirms 1,300 layoffs from ZDNet UK
Currently restructuring, new CEO ex MD of SAP in the UK, created new company model - UK organisation established 83 - 500 employees - 60million ...
Key responsibilities of the team are: - Managing impairment; delivering a series of value-adding initiatives to reduce credit losses - Working with ...
To work with the Director of IT to ensure operational plans are aligned with IT capabilities Ensure key suppliers and contractors have appropriate ...
Agenda Setters 2009
Welcome to the ninth annual Agenda Setters poll – silicon.com's list of the top 50 most influential individuals in the technology and IT industries, from techies and CIOs to entrepreneurs and business leaders. Find out more in our latest special report.
Data Protection Strategies: Deduplication for More Efficient Backups
Dell PowerVault DL2100 Powered by CommVault - Spec Sheet
True Convergence Demands a Communication Service Provider that Embraces a Customer-Centric...
Learn how Performance Metrics for Telcomm Expense Management Drive new ROIs and SLAs
Stories from the web...
Copyright © 2008 CBS Interactive Limited. All rights reserved. Top of page
Digg
Slashdot
Del.icio.us
Stumble
Reddit
RSS Feeds
Peter Cochrane Peter Cochrane's Blog: Can I become faster and smarter? We could all use a little more help from our machines
Mark Crichard Doing business with citizen developers: Beware the legal pitfalls Legal Eye: Make sure your business is protected from potential hazards