Free EFYtimes Newsletter
       If it's Technology news, it's here.
      
 Friday, January 09, 2009         Archives
 Home
 Electronics
 Infotech
 Linux & Open Source
 Consumer Electronics
 Telecom
 Mobiles
 BPO
 Science & Technology
 Advertise With Us
 Contact Us
 
 
PRODUCT LAUNCH
 
 
Blackberry 7290 PDA
EFY Bonanza.com
 
 
ACQUISITION AND MERGER
 
 
Mega Offers on
efybonanza.com
 
 
PRICE CUTS
 
 
South Asia
Most popular
Electronics Magazine
 
 
FINANCIALS
 
 
Get Firefox
Google Toolbar
Free
 
Trends
 
 
Home > Infotech > International > Trends
Add Comments

Sun Cuts 6,000 Jobs, Plans Restructuring Sun Cuts 6,000 Jobs, Plans Restructuring
 
Sun has announced a global workforce reduction and alignment of its Software organisation into new business groups.

EFY News Network  (1479)

Monday, November 17, 2008:  To align its cost model with the global economic climate, Sun Microsystems is planning to cut 6,000 jobs, or 18 per cent of its global workforce. The company's board of directors has approved the restructuring plan aimed at reducing costs by approximately $700 to $800 million annually. Sun expects to incur total charges in the range of $500 to $600 million over the next 12 months in connection with the plan, of which it expects to incur approximately $375 to $450 million within its current fiscal year 2009.
Sun expects to begin realising cost savings in the third quarter of the fiscal year 2009 and expects to realise a substantial portion of the run rate benefit by the first quarter of the next fiscal year.

With a focus on boosting open source momentum, the company has also announced an alignment of its software organisation into new business groups -- Application Platform Software, Systems Platforms, and Cloud Computing & Developer Platforms. Sun's new software alignments include the formation of two new business groups and a new group within Sun's existing Systems business.

"Today, we have taken decisive actions to align Sun's business with global economic realities and accelerate our delivery of key open source platform innovations - from MySQL to Sun's latest Open Storage offerings," said Jonathan Schwartz, chief executive officer, Sun Microsystems.

Anil Gadre has been appointed as executive vice president of the newly formed Application Platform Software group. Gadre will move from his position as chief marketing officer to lead this new group. The unit, according to the company, will build on its open source leadership position to capitalise on the global market's demand for open application platforms for everything from databases to business integration services on servers, desktops and handheld devices. This includes the entirety of Sun's Java technology franchise, MySQL open source database products, as well as software infrastructure -- including the GlassFish Application Server and identity management products. This group will also include the Sun Learning Services organisation.

John Fowler will lead the new Systems Platforms group as its executive vice president. Sun's Solaris, Virtualisation (including xVM and VirtualBox) and Systems Management Software teams join the Systems organisation to deliver optimised computing, storage and networking systems.

Dave Douglas, senior vice president, will lead the Cloud Computing & Developer Platforms unit. Douglas will lead the company's efforts to capitalise on two trends: the increasing shift of customer and developer focus to Web-based cloud services and Sun's established position in the space through Network.com, the NetBeans developer platform and the StarOffice portfolio. The unit will build upon Sun's existing online developer community.

In addition, Sun is also aligning its marketing function to more effectively support its sales and product organisations. Product and technology marketing will now be integrated directly into the product groups with field and partner marketing moving under Peter Ryan, executive vice president of global sales and services. Corporate Marketing will be led by newly appointed senior vice president, Ingrid Van Den Hoogen, who also joins Sun's executive leadership team, reporting to the CEO.

Also, Rich Green, executive vice president, software, has put in his papers.

EFY News Network


 
 
Infotech News:
 LG Introduces 3G Wristwatch Phone EFYTimes News
 US Law Firm Files Lawsuit Against Satyam EFYTimes News
 tikitag: Connect Real World Objects With Online Applications EFYTimes News
 DSS To Release vxVistA As Open Source Software EFYTimes News
 Satyam Scam: Reddy Orders CB-CID Probe EFYTimes News
 
 
 
 
 


COMMENTS
 
 
South Asia
Most popular
Electronics Magazine
 
 
SPECIAL OFFERS CONSUMER
 
 
Get Real Traffic
to your website,
Advertise with us!
 
 
GROWTH PLANS
 
 
Read South Asia
Most Popular
EFY Magazine Online!
 
 
BUSINESS DEAL
 
 
Pay Only
for the Clicks
You Get
 
 
PEOPLE
 
 
Synplify DSP
Rapid Modeling and verification
of ASIC DSP Algorithms
 
 
AWARDS & RECOGNITION NEWS
 
 
© Copyright 2008 – EFY Enterprises Pvt Ltd, All Rights Reserved