Sun begins new round of layoffs
C|Net | at | by Mike
Sun Microsystems is cutting more jobs to try to return to profitability, the company confirmed late Wednesday, the third round so far in the company's effort to recover from the high-tech downturn. Sun representatives weren't immediately available to provide details. [as they have been layoff.]
Sun began a 3,900-employee layoff in October 2001. In April 2002, the company more quietly began 1,000 more job cuts, partly through attrition, cuts that later were folded into a larger 4,400-employee layoff announced in October 2002. That round was part of an attempt to be profitable in the first half of 2003, a plan that failed.