Sun Micro Cutting 3,000 More Jobs
October 20, 2009
Awaiting to complete the takeover by Oracle, Sun Microsystems announced in a filing that it will be cutting approximately 10% of its workforce, or about 3000 employees. The cuts will likely be global, but locally Sun has a fairly big footprint in the South Bay and Peninsula markets.
Last month we wrote a quick post indicating that M&A, while on the one hand is a good sign, often leads to further consolidation and layoffs within companies as they work to eliminate redundancy and cut costs. That’s likely what we’re seeing here.
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Categories:
Trends
Tags: Commercial Real Estate, M&A, Menlo Park, Oracle, Santa Clara, Silicon Valley, Sun Microsystems
Tags: Commercial Real Estate, M&A, Menlo Park, Oracle, Santa Clara, Silicon Valley, Sun Microsystems



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