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Print Edition StoriesFriday, November 14, 2008
Sun slashes at least 5,000 jobs
By Mass High Tech Staff
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Sun Microsystems Inc. has announced plans to restructure by laying off up to 18 percent of its global staff — 5,000 to 6,000 workers — and reorganizing the company’s software business groups. It is unclear at this time whether the staff reduction will affect the network computing giant’s local campus in Burlington.
The workforce reduction is expected to save Sun (Nasdaq: JAVA) about $700 million to $800 million annually. While the layoffs will add an extra $375 million to $450 million to the company’s expenses in the next year, Sun officials said in a statement that the cost savings will begin in the third quarter of fiscal year 2009.
Rich Green, executive vice president of software, “has chosen to leave the company,” according to the Sun statement.
The business group reorganization includes the addition of three groups: application platform software, systems platforms and cloud computing and developer platforms.
Chief marketing officer Anil Gadre will head the application platform software group, which includes Java technology, MySQL open source database products and the GlassFish application server.
John Fowler, executive vice president of Sun’s Solaris, virtualization and systems management software, will head the company’s systems platforms business group.
And Dave Douglas, senior vice president of Sun, will lead the cloud computing and developer platforms group.
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