Sun confirms 1,300 layoffs

Company sheds 1,300 people from workforce with a target of 6,000 jobs set to be lost. Job cuts are part of a plan first announced in November.

Sun Microsystems has laid off 1,300 workers, part of a planned sequence of job reductions first revealed in November when the company announced that it was intending to shed 6,000 people , or 14 percent to 18 percent of its workforce.

The job losses are worldwide, and follow Sun's announcement in December that 130 jobs were going at the company's plant in Scotland.

In a statement, Sun said on Thursday that the layoffs were made across all levels "including vice presidents and directors." The cuts are part of a restructuring of the company , Sun said, that are intended to save between $700 million to $800 million each year. The company said it believed the restructuring would "result in a more efficient coverage model with resources aligned to growth opportunities."

According to the statement, the company believes cost-cutting measures and organizational changes "will put the company on track for improved financial performance."

Colin Barker of ZDNet UK reported from London.

About the author
 

Join the discussion

Conversation powered by Livefyre

Show Comments Hide Comments
Latest Galleries from CNET
Tech industry's high-flying 2014
Uber's tumultuous ups and downs in 2014 (pictures)
The best and worst quotes of 2014 (pictures)
A roomy range from LG (pictures)
This plain GE range has all of the essentials (pictures)
Sony's 'Interview' heard 'round the world (pictures)