Sun to lay off 300 staff


Sun to lay off 300 staff

Tash Shifrin

The axe has fallen on hundreds of jobs at Sun Microsystems, with 300 staff receiving layoff notices last week.

The troubled company is also understood to have issued a memo to employees warning of 2,000 impending job cuts across various departments, 1,000 of which will be in the US.

The 300 Colorado-based staff will lose their jobs in October as part of global cutbacks aimed at saving $590m (£308m).

A Sun spokesperson said, “Every part of the company's staffing infrastructure is being evaluated and today's reductions cross all levels, including vice-presidents and directors.”

Sun posted the latest of a series of poor quarterly results in July, with a $301m (£172m) quarterly loss including a $228m charge to cover restructuring costs linked to the axing of up to 5,000 jobs.

The company axed around 200 staff from its high-end server division in April, while in May chief financial officer Michael Lehman told the investors that Sun was “ready to resize” but refused to put a figure on how many jobs would go.

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