Feeds

Oracle will cut half of Sun workers, analyst predicts

But which half...

High performance access to file storage

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. ®

High performance access to file storage

More from The Register

next story
Sorry London, Europe's top tech city is Munich
New 'Atlas of ICT Activity' finds innovation isn't happening at Silicon Roundabout
MtGox chief Karpelès refuses to come to US for g-men's grilling
Bitcoin baron says he needs another lawyer for FinCEN chat
Dropbox defends fantastically badly timed Condoleezza Rice appointment
'Nothing is going to change with Dr. Rice's appointment,' file sharer promises
Audio fans, prepare yourself for the Second Coming ... of Blu-ray
High Fidelity Pure Audio – is this what your ears have been waiting for?
Did a date calculation bug just cost hard-up Co-op Bank £110m?
And just when Brit banking org needs £400m to stay afloat
Zucker punched: Google gobbles Facebook-wooed Titan Aerospace
Up, up and away in my beautiful balloon flying broadband-bot
Apple DOMINATES the Valley, rakes in more profit than Google, HP, Intel, Cisco COMBINED
Cook & Co. also pay more taxes than those four worthies PLUS eBay and Oracle
It may be ILLEGAL to run Heartbleed health checks – IT lawyer
Do the right thing, earn up to 10 years in clink
prev story

Whitepapers

Securing web applications made simple and scalable
In this whitepaper learn how automated security testing can provide a simple and scalable way to protect your web applications.
Five 3D headsets to be won!
We were so impressed by the Durovis Dive headset we’ve asked the company to give some away to Reg readers.
HP ArcSight ESM solution helps Finansbank
Based on their experience using HP ArcSight Enterprise Security Manager for IT security operations, Finansbank moved to HP ArcSight ESM for fraud management.
The benefits of software based PBX
Why you should break free from your proprietary PBX and how to leverage your existing server hardware.
Mobile application security study
Download this report to see the alarming realities regarding the sheer number of applications vulnerable to attack, as well as the most common and easily addressable vulnerability errors.