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.