Sun Microsystems Cuts 3,000 Staff Due to Delays

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Sun Microsystems today said it would lay off a further 3,000 employees because of the delays in closing the deal with Oracle.

The Wall Street Journal reports that Sun Microsystems will cut roughly 10 percent of its workforce and, according to an SEC filing, the layoffs will result in charges ranging from $75 million to $125 million over the next several quarters.

Reuters cites Oracle CEO Larry Ellison as saying Sun is losing about $100 million a month because of the delays.

Jane McEntegart
Jane McEntegart
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Jane McEntegart is a writer, editor, and marketing communications professional with 17 years of experience in the technology industry. She has written about a wide range of technology topics, including smartphones, tablets, and game consoles. Her articles have been published in Tom's Guide, Tom's Hardware, MobileSyrup, and Edge Up.