Sun to lay off 300 staff

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

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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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