Friday, November 14, 2008

Sun Micro Retrenches - WSJ.com

Wall Street may be appeased by this short-term move, but it’s part of an ominous pattern, in the bigger picture…

Sun Microsystems Inc. said it plans to cut 5,000 to 6,000 employees, or 15% to 18% of its work force, as part of a restructuring to respond to the economic slump.

Later in the article:

The company also announced the departure of Rich Green, executive vice president of software, who has been a high-profile leader of that business. He has chosen to leave the company, Sun said.

Sun Micro Retrenches - WSJ.com

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