IBM And Sun: There Will Be Blood
According to Forbes: “When titans collide, blood runs. And as rumors circulated Friday that IBM and Sun Microsystems are inching toward a deal to sell the Silicon Valley computing pioneer to Big Blue for close to $7 billion, IT industry watchers began speculating on how the integration would proceed.”
IBM could lay off as much as a third of Sun’s staff to eliminate redundancies–a total of more than 10,000 employees–or the equivalent in combined Sun and IBM job cuts, according to Forrester Research analyst James Staten.
Source: Forbes
[...] Sun Microsystems: Supermassive layoff (up to 10,000) possible [Update [...]
…And then Satyam will buy both
..and sell it to Cisco
I here the government is in the market ???
the gov now is everywhere. welcome to socialism!
Oracle is buying SUN.. more to bleed.. at least 15k lay offs in next 6 months..
more from SUN , more from Bay Area.. Another big blow to CA state and real estate market..
I heard that HP is laying off 10% of their employees May 4th. 2009
Here comes the sun..tu ru ru…
err maybe not…here comes big bad Oracle..and itll huff and puff and tear the house down
Will this be effecting ireland as well ? Just as ireland are saying they are starting to do better and should start comming out this (resession) in 2010. with the Cloud servers launched here about 2 weeks ago people started to get their hopes up…
I used to work for Sun and was layed off yesterday in a large RIF round (Nov 4, 2009).
I’m not sure if this was a large RIF but I do understand it was more than just a handful of people.
I used to be Menlo Park, CA based.