Linked by Thom Holwerda on Fri 14th Nov 2008 21:38 UTC, submitted by pantheraleo
Oracle and SUN The world hasn't been kind to Sun for quite a while now, but with the economic downturn, things are getting worse. Sun announced today that it will be laying off 18% of its workforce, or about 6000 people. In addition, it was announced that Sun's software chief Rich Green has resigned for reasons that were not stated, although as part of Sun's reorganization and cost cutting efforts, many departments are being merged, and the software division is being restructured and reorganized.
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Comment by beosguy@gmail.com
by beosguy@gmail.com on Sat 15th Nov 2008 02:13 UTC
beosguy@gmail.com
Member since:
2008-07-17

Despite of the layoffs, Sun is a company that still keeps its R&D team strong.

I worked in Silicon Valley for 20 years. NO ONE SURVIVES if they cant adapt to the economic climate and cut expenses. R&D can be done outside of Silicon Valley in other cheaper states and countries for the cheap. At the end of the day... its what you sell at the register, not what you create, that keeps you alive.

Reply Score: 3