Comments on: Sun Microsystems to Lay Off 350 http://gigaom.com/2008/11/10/sun-microsystems-to-lay-off-350/ Trusted Insights and Conversations on the Next Wave of Technology Thu, 26 Nov 2009 19:44:08 +0000 http://wordpress.com/ hourly 1 By: Layoff Roundup : JOBMATCHBOX http://gigaom.com/2008/11/10/sun-microsystems-to-lay-off-350/#comment-912207 Layoff Roundup : JOBMATCHBOX Wed, 12 Nov 2008 05:38:58 +0000 http://gigaom.com/?p=28656#comment-912207 <p>[...] ‘Sun Microsystems to Lay Off 350′ (GigaOM) [...]</p> [...] ‘Sun Microsystems to Lay Off 350′ (GigaOM) [...]

]]> By: 5liter http://gigaom.com/2008/11/10/sun-microsystems-to-lay-off-350/#comment-912199 5liter Wed, 12 Nov 2008 04:28:40 +0000 http://gigaom.com/?p=28656#comment-912199 <p>I can tell you for sure that there is/was a massive layoff happening and a lot more than 350 people. A wave of layoffs occurred last wednesday across the company. Numbers reported are well under what has already been cut. Not to mention there was a reduction in force last quarter as well. I can't say that the people being cut were well thought out cuts either.</p> I can tell you for sure that there is/was a massive layoff happening and a lot more than 350 people. A wave of layoffs occurred last wednesday across the company. Numbers reported are well under what has already been cut. Not to mention there was a reduction in force last quarter as well. I can’t say that the people being cut were well thought out cuts either.

]]> By: type247 http://gigaom.com/2008/11/10/sun-microsystems-to-lay-off-350/#comment-912149 type247 Tue, 11 Nov 2008 21:46:34 +0000 http://gigaom.com/?p=28656#comment-912149 <p>I think the date error is just that, an error. This paper is a routine government filing, where this kind of boo-boo happens frequently.</p> <p>As far as belt-tightening is concerned, there was a whopping one-time charge, and without that, the loss was $0.09 per share, or about $66M. This is probably about the same as the cost savings they will get from a 350-person layoff.</p> <p>However, I agree that this is how bleed-outs happen. Sun has not effectively shrunk their workforce size at all over the last few years.</p> I think the date error is just that, an error. This paper is a routine government filing, where this kind of boo-boo happens frequently.

As far as belt-tightening is concerned, there was a whopping one-time charge, and without that, the loss was $0.09 per share, or about $66M. This is probably about the same as the cost savings they will get from a 350-person layoff.

However, I agree that this is how bleed-outs happen. Sun has not effectively shrunk their workforce size at all over the last few years.

]]> By: webster http://gigaom.com/2008/11/10/sun-microsystems-to-lay-off-350/#comment-912106 webster Tue, 11 Nov 2008 17:46:15 +0000 http://gigaom.com/?p=28656#comment-912106 <p>This is pure baloney. Just had a look at the pdf file and the dates look suspicious to me(mentions a RIF in 2009 and the dates are January 2008).</p> This is pure baloney. Just had a look at the pdf file and the dates look suspicious to me(mentions a RIF in 2009 and the dates are January 2008).

]]> By: Michael F. Smith Jr. Lives Here » Blog Archive » Woe is Sun http://gigaom.com/2008/11/10/sun-microsystems-to-lay-off-350/#comment-911979 Michael F. Smith Jr. Lives Here » Blog Archive » Woe is Sun Tue, 11 Nov 2008 05:25:24 +0000 http://gigaom.com/?p=28656#comment-911979 <p>[...] is announcing some layoffs today but like one of the commenters on the post - this is just a slow bleed out from a company who [...]</p> [...] is announcing some layoffs today but like one of the commenters on the post – this is just a slow bleed out from a company who [...]

]]> By: Jake http://gigaom.com/2008/11/10/sun-microsystems-to-lay-off-350/#comment-911972 Jake Tue, 11 Nov 2008 04:45:27 +0000 http://gigaom.com/?p=28656#comment-911972 <p>A 1% force reduction is hardly a belt tightening.</p> <p>This is how slow but deadly bleed outs happen.</p> A 1% force reduction is hardly a belt tightening.

This is how slow but deadly bleed outs happen.

]]> By: Nortel Cuts: Layoffs Come to Telco Land - GigaOM http://gigaom.com/2008/11/10/sun-microsystems-to-lay-off-350/#comment-911863 Nortel Cuts: Layoffs Come to Telco Land - GigaOM Mon, 10 Nov 2008 20:21:22 +0000 http://gigaom.com/?p=28656#comment-911863 <p>[...] wireline chip maker cut 15 percent of its work force. ST-NXP Wireless has cut its workforce by 500. Elsewhere Freescale and Verio also made some cuts. All these companies are reacting to the broader market [...]</p> [...] wireline chip maker cut 15 percent of its work force. ST-NXP Wireless has cut its workforce by 500. Elsewhere Freescale and Verio also made some cuts. All these companies are reacting to the broader market [...]

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