The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Information / Computing 62 - Computer programming, consultancy and related activities 62 - Computer programming, consultancy and related activities 62 - Computer programming, consultancy and related activities
3,300 jobs Number of planned job losses
Announcement Date
2 April 2004
Employment effect (start)
Foreseen end date
Description
Sun Microsystems, the US IT company, has announced a restructuring that will lead to 3,300 redundancies, i.e. 9% of its workforce. Due to an increased competition from Intel and AMD, the company's sales are decreasing.
Sources
16 April 2004: La Tribune
Citation
Eurofound (2004), Sun Microsystems, Internal restructuring in World, factsheet number 60464, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/60464.