Sun Microsystems to Cut 6,000 jobs
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Sun Microsystems to Cut 6,000 jobs

November 14, 2008 – 11:27 am – No Comment

Roughly 18 percent of Sun Microsystems’s global workforce is set to be eliminated. Due to the drastic reduction in sales of high-end servers, the job cuts are a way to slash costs and reduce the budget for the company.

The cuts would save the company between $700 and $800 million a year.

So many people are losing their jobs right now, and this is just one of the several making headlines. Between this, the near collapse of the auto industry, and all the stock market ups and downs, this has been a generally bad week for the economy.

Jeremy
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