Sun Chief Financial Officer Steve McGowan announced the layoffs during a Tuesday afternoon conference call on the company's fourth-quarter fiscal results. Sun took $44 million of the $100 million layoff charge in its fourth quarter and expects to account for the remaining $56 million "over the course of the next four quarters," McGowan said on the call.More details at InfoWorld
Sun to lay off 1,000 people
Posted on Thursday, Jul 28 2005 @ 13:14 CEST by Thomas De Maesschalck
Sun Microsystems is expected to cut 1,000 jobs in order to save $100 million.