LayoffBlog.com

Oracle-Sun deal

Update 1 (4-20-2009)
According to Reuters: “Oracle Corp plans to enter the computer hardware market by buying Sun Microsystems Inc for more than $7 billion, swooping in after Sun’s talks with IBM fell apart.”

Update 2 (4-20-2009)
According to Reuters: “Microsoft’s chief executive said on Monday he was ‘very surprised‘ by Oracle Corp’s plans to buy Sun Microsystems Inc.”

According to WSJ: “Given Sun’s relatively low operating margins, there’s no doubt plenty of fat to cut in areas like sales and marketing.”

According to ComputerWorld: “More layoffs are expected at Sun Microsystems Inc. as a result of Oracle Corp.’s planned $7.4 billion acquisition, with one Wall Street analyst predicting today that as many as 10,000 people could lose their jobs at the Silicon Valley icon.”

~ LayOffBlog.com: Please feel free to share your comments ~

Share this:
  • Digg
  • del.icio.us
  • Facebook
  • Google
  • LinkedIn
  • MySpace
  • Reddit
  • StumbleUpon
  • TwitThis

19 Responses to “Oracle-Sun deal”



Leave a Reply

Powered by WordPress