Sun to shed around 1,000 jobs
UK will be affected
Posted in Financial News, 12th August 2005 12:25 GMT
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Sun Microsystems' UK workforce will be hit by its plans to shed around 1,000 jobs worldwide over the next year, as part of the company's drive to reduce costs.
As many as 100 of the job cuts are rumoured to be from the UK's Client Solutions division, sources have claimed.
The company confirmed today that some of the job losses will be in the UK, but said it was too early to comment on exact numbers.
The company issued a statement from UK president and managing director, Trudy Norris Grey, saying that the restructuring was about ensuring Sun has "the right resources available in the right places".
"Sun is driving cost structure improvements by taking action to resize the company for growth, better align our cost structure to our revenues and position the company to achieve its financial goals in FY06.
"We anticipate that over the next five quarters, Sun will continue to rebalance and reskill its workforce, which you've seen us do over the past two years. Over the next year, we are looking at fewer than 1,000 jobs being impacted globally." ®
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