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Oracle to Cut Sun Workforce in Half?

Oracle to Cut Sun Workforce in Half?

UBS analyst Brent Thill has predicted that Oracle will soon fire half of Sun Microsystems' 27,000 employees.

"He said Oracle was likely to make the drastic workforce cuts as the price for squeezing a profit out of Sun," writes The Register's Joe Fay.

"Internally, Sun has denied the report, telling employees it is 'absolutely untrue,'" writes InternetNews' Andy Patrizio. "But sources close to the merger have said that significant layoffs are all but a given once the deal closes."

More here from Barron's … and more here from ITProPortal.

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Published in Sunday, January 17th, 2010, at 3:54 pm, and filed under Business.

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