Type
Internal restructuring
Country
World
Region
Location of affected unit(s)
Sector
Information / Communication
Computer Programming, Consultancy And Related Activities
Computer Programming, Consultancy And Related Activities
62 - Computer programming, consultancy and related activities

3,300 jobs
Number of planned job losses
Job loss
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://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/60464.