Oh No, Not Again
My employer (Sun Microsystems, Inc.) has announced another round of layoffs, which will eliminate as much as 18% of Sun's workforce (around 6000 jobs), will save the company $700 million to $800 million. We have also announced the departure of the head of Software Group, Rich Green. With this we are restructuring the Software Group into Application Platform Software, Systems Platforms and Cloud Computing & Developer Platforms. The recession of world wide economy is putting enormous pressure on technology companies like us. We would hope that this downturn would end soon before causing irreversible damage to many companies. However I feel that we have just entered into the difficult stage of the slowdown and we will be seeing more challenges awaiting us.
Disclaimer: All the views expressed herein are mine. I am not talking for my employer, Sun Microsystems, Inc.