Feeds

Oracle will cut half of Sun workers, analyst predicts

But which half...

Boost IT visibility and business value

An analyst has predicted that half of Sun's 27,000 staff will be for the chop when Oracle finally gets its hands on the faltering Sparc vendor.

The depressing prediction was made by Brent Thill, an analyst with UBS, in a report yesterday, according to Bloomberg news. He said Oracle was likely to make the drastic workforce cuts as the price for squeezing a profit out of Sun.

Oracle has been waiting almost a year to consummate its takeover bid for Sun, with the EU holding the deal up on competition grounds.

Still, the loitering around at least means it has been able to leave some of the unpleasant job axing to Sun's existing management.

Sun dumped 3,000 workers in October. Back in November 2008, it announced plans to drop 5,000 to 6,000 workers. At the time, it had around 33,400 workers - that was of course after the 3,700 it sliced in August 2007.

In mid 2006, it had 37,500 staff - still a big drop on its workforce at its dot com peak, when it was neared 50,000. Which, come to think of it, is now a decade ago. ®

Build a business case: developing custom apps

More from The Register

next story
Kate Bush: Don't make me HAVE CONTACT with your iPHONE
Can't face sea of wobbling fondle implements. What happened to lighters, eh?
Video of US journalist 'beheading' pulled from social media
Yanked footage featured British-accented attacker and US journo James Foley
Caught red-handed: UK cops, PCSOs, specials behaving badly… on social media
No Mr Fuzz, don't ask a crime victim to be your pal on Facebook
Ballmer leaves Microsoft board to spend more time with his b-balls
From Clippy to Clippers: Hi, I see you're running an NBA team now ...
Online tat bazaar eBay coughs to YET ANOTHER outage
Web-based flea market struck dumb by size and scale of fail
Amazon takes swipe at PayPal, Square with card reader for mobes
Etailer plans to undercut rivals with low transaction fee offer
Assange™: Hey world, I'M STILL HERE, ignore that Snowden guy
Press conference: ME ME ME ME ME ME ME (cont'd pg 94)
Call of Duty daddy considers launching own movie studio
Activision Blizzard might like quality control of a CoD film
US regulators OK sale of IBM's x86 server biz to Lenovo
Now all that remains is for gov't offices to ban the boxes
prev story

Whitepapers

Implementing global e-invoicing with guaranteed legal certainty
Explaining the role local tax compliance plays in successful supply chain management and e-business and how leading global brands are addressing this.
Top 10 endpoint backup mistakes
Avoid the ten endpoint backup mistakes to ensure that your critical corporate data is protected and end user productivity is improved.
Top 8 considerations to enable and simplify mobility
In this whitepaper learn how to successfully add mobile capabilities simply and cost effectively.
Rethinking backup and recovery in the modern data center
Combining intelligence, operational analytics, and automation to enable efficient, data-driven IT organizations using the HP ABR approach.
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.