Feeds

Sun shocks showgoers with layoffs

1,000 culled

  • alert
  • submit to reddit

Secure remote control for conventional and virtual desktops

Putting a big damper on its user conference, Sun Microsystems has confirmed that it will layoff close to 1,000 workers.

Sun is looking for most of the cuts to take place by the end of September, reducing its workforce to around 35,000. The company said the layoffs are in "targeted areas" and aimed at improving profitability.

Rumors of the cuts may have pushed Sun to make the announcement this week, during the Sun Network show. It's a bit of a blow to morale for the axe to come down during the company's flagship conference.

Financial analysts have long pushed Sun to reduce its workforce. The company laid off 4,000 employees back in October of 2001 and then another 4,000 in 2002. Sun's revenue is about two-thirds of what it once was during the dot-com boom.

The company has been hovering around profitability for a couple of quarters, and the cuts should give it an extra nudge toward the black. ®

Providing a secure and efficient Helpdesk

More from The Register

next story
Facebook pays INFINITELY MORE UK corp tax than in 2012
Thanks for the £3k, Zuck. Doh! you're IN CREDIT. Guess not
Facebook, Apple: LADIES! Why not FREEZE your EGGS? It's on the company!
No biological clockwatching when you work in Silicon Valley
Lords take revenge on REVENGE PORN publishers
Jilted Johns and Jennies with busy fingers face two years inside
Yes, yes, Steve Jobs. Look what I'VE done for you lately – Tim Cook
New iPhone biz baron points to Apple's (his) greatest successes
Happiness economics is bollocks. Oh, UK.gov just adopted it? Er ...
Opportunity doesn't knock; it costs us instead
Ex-US Navy fighter pilot MIT prof: Drones beat humans - I should know
'Missy' Cummings on UAVs, smartcars and dying from boredom
Sysadmin with EBOLA? Gartner's issued advice to debug your biz
Start hoarding cleaning supplies, analyst firm says, and assume your team will scatter
Edward who? GCHQ boss dodges Snowden topic during last speech
UK spies would rather 'walk' than do 'mass surveillance'
prev story

Whitepapers

Forging a new future with identity relationship management
Learn about ForgeRock's next generation IRM platform and how it is designed to empower CEOS's and enterprises to engage with consumers.
Why and how to choose the right cloud vendor
The benefits of cloud-based storage in your processes. Eliminate onsite, disk-based backup and archiving in favor of cloud-based data protection.
Three 1TB solid state scorchers up for grabs
Big SSDs can be expensive but think big and think free because you could be the lucky winner of one of three 1TB Samsung SSD 840 EVO drives that we’re giving away worth over £300 apiece.
Reg Reader Research: SaaS based Email and Office Productivity Tools
Read this Reg reader report which provides advice and guidance for SMBs towards the use of SaaS based email and Office productivity tools.
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.