Sun Microsystems Inc is planning to cut 3,000 jobs worldwide, or about 10 percent of its staff, blaming delays in its $7 billion sale to Oracle Corp . According to Oracle CEO Larry Ellison, Sun is losing about $100 million a month because of uncertainty about the computer maker’s future as European antitrust regulators pursue [...]
Posts Tagged ‘Oracle’
4 Jul
Oracle Corp plans to lay off up to 1,000 workers in Europe
Oracle Corp plans to lay off up to 1,000 workers in Europe, or about 1 percent of its global staff, as the recession erodes the giant software company’s earnings, French news agency has AFP reported. The world’s No. 2 publicly held software maker would be one of the last major technology companies to undertake significant [...]
22 Apr
Leaving IBM behind, Oracle acquires Sun Microsystems finally. May layoffs 5000 employees from combined entity.
Oracle Corp plans to enter the computer hardware market by buying Sun Microsystems Inc for more than $7 billion, swooping in after Sun’s talks with IBM fell apart. The announcement on Monday surprised many Oracle watchers, who believe the company can boost profitability at Sun’s software businesses but were unsure if it can be as [...]
3 Mar
Compilation of Layoffs in Technology, IT Companies worldwide except India.
Google, Microsoft, Texas Instruments, IBM, Intel, AMD, EMC Corp, Seagate, STMicroelectronics, Sony, Sun, Dell, Lenovo, AT&T, AOL, SAP, Oracle, Ericsson, and Sprint Nextel layoff loads of employees from their offices world wide. Google Inc has jettisoned over 5,000 temporary workers in a recent austerity drive spurred by the recession. Google acknowledged in late November that [...]
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