Sun Microsystems has confirmed it plans to cut a further 1,500 jobs, on top of the 6,000 announced last November.
In a statement Sun said: "We can confirm that today additional notifications were given to approximately 1,500 employees. Reductions were made across all levels, including vice presidents and directors."
However, Sun would not be drawn on the impact of the cuts on its UK and India operations.
Sun's November 2008 restructuring plan involved the loss of between 5,000 to 6,000 employees in an effort to shave up to $800m off its annual running costs.
Recent weeks have seen rumours of a sale to IBM, but neither IBM nor Sun has commented on the speculation.
Wednesday, April 1, 2009
Layoffs in USA
KLA-Tencor to Cut 10% of Jobs
KLA-Tencor Corp., the second- largest U.S. maker of semiconductor equipment, plans to cut about 10 percent of its global workforce as customers pare back orders.
The cuts, on top of a 15 percent reduction announced in November, are aimed at lowering operating costs to between $140 million and $145 million a quarter by the end of the year, the San Jose, California-based company said today in a statement. KLA-Tencor has 5,500 employees, spokeswoman Meggan Powers said today.
The cuts, on top of a 15 percent reduction announced in November, are aimed at lowering operating costs to between $140 million and $145 million a quarter by the end of the year, the San Jose, California-based company said today in a statement. KLA-Tencor has 5,500 employees, spokeswoman Meggan Powers said today.
IBM
IBM drops patent application for outsourcing offshore jobs
The same day the Times Herald-Record reported IBM had applied to patent a computerized system to help businesses outsource offshore jobs while maximizing government tax breaks, Big Blue did an about-face.
The application "was filed in error and will be withdrawn," IBM spokesman Steve Malkiewicz said Monday.
IBM's filing with the U.S. patent office describes a "method and system for strategic global resource sourcing," weighing such goals as "50 percent of resources in China by 2010" against such factors as labor costs, infrastructure and the "minimum head count to qualify for incentives."
Some 17 months ago, IBM abruptly withdrew a similar application immediately after it was made public.
"A method for identifying human-resource work content to outsource offshore of an organization," was submitted for a patent in January 2006.
The application "was filed in error and will be withdrawn," IBM spokesman Steve Malkiewicz said Monday.
IBM's filing with the U.S. patent office describes a "method and system for strategic global resource sourcing," weighing such goals as "50 percent of resources in China by 2010" against such factors as labor costs, infrastructure and the "minimum head count to qualify for incentives."
Some 17 months ago, IBM abruptly withdrew a similar application immediately after it was made public.
"A method for identifying human-resource work content to outsource offshore of an organization," was submitted for a patent in January 2006.
Cisco aims to get some federal stimulus money
Cisco Systems expects $47 billion of the federal stimulus money will be spent on technology. Cisco’s fair share? About $1 billion, said Cisco’s senior vice president Bruce Klein during a visit to the company’s Research Triangle Park site Friday. Klein, based in Virginia, is responsible for making sure Cisco gets that share of the money.
Businesses like Cisco can’t receive the federal money directly, but only through projects financed by stimulus funds that are paid to local and state agencies. Toward that end, Klein put together nine teams across the company to pore over government documents and identify business opportunities with local governments, school districts, state agencies, university systems and health care organizations.
Businesses like Cisco can’t receive the federal money directly, but only through projects financed by stimulus funds that are paid to local and state agencies. Toward that end, Klein put together nine teams across the company to pore over government documents and identify business opportunities with local governments, school districts, state agencies, university systems and health care organizations.
MindTree rejigs management structure
MindTree Limited, a Bangalore-based IT solutions firm, has announced restructuring as part of its aim of becoming a $1 billion (Rs 4,500 crore) organisation from its current top line of around Rs 1,500 crore.
The restructuring, effective April 1, includes entering new market segments, setting up new business units and new roles for the senior management.
Ashok Soota, chairman & managing director, will assume the role of MindTree’s executive chairman. In his new role, Soota will focus on strategic initiatives and long-term development. He will continue to be chairman of the board of directors.
The restructuring, effective April 1, includes entering new market segments, setting up new business units and new roles for the senior management.
Ashok Soota, chairman & managing director, will assume the role of MindTree’s executive chairman. In his new role, Soota will focus on strategic initiatives and long-term development. He will continue to be chairman of the board of directors.
Layoffs in USA
Cessna to lay off more workers
Cessna Aircraft Co. announced Tuesday it will be laying off more employees. Bob Stangarone, vice president of communications with Cessna, says the layoffs will be companywide and affect all pay categories.
The number of layoffs will be announced next month, following the first-quarter report from Cessna’s parent company, Textron Inc., which Stangarone says is expected April 29. The company has already laid off 4,600 workers, including 4,000 in Wichita.
In addition, the company announced a companywide shutdown from July 6 to July 17.
The number of layoffs will be announced next month, following the first-quarter report from Cessna’s parent company, Textron Inc., which Stangarone says is expected April 29. The company has already laid off 4,600 workers, including 4,000 in Wichita.
In addition, the company announced a companywide shutdown from July 6 to July 17.
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