Oracle likely to cut half of Sun staff
By
siliconindia | Friday, 15 January 2010, 07:47 IST

Bangalore: In order to squeeze a profit from Sun Microsystems, Oracle is likely to cut half of Sun's 27,000 staff, when it finally gets its hands on the faltering Sparc vendor.
Brent Thill, an Aanalyst with UBS, said that Oracle has been waiting almost a year to consummate its takeover bid for Sun, with the EU holding the deal up on competition grounds, according to Bloomberg news.
Sun dumped 3,000 workers in October. Back in November 2008, it announced plans to drop 5,000 to 6,000 workers. At the time, it had around 33,400 workers - that was of course after the 3,700 it sliced in August 2007. In mid 2006, it had 37,500 staff - still a big drop on its workforce at its dot com peak, when it neared 50,000.