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Sun Microsystems cutting about 1,000 jobs
San Francisco, Sept 19: Network computer maker Sun Microsystems Inc. said it is laying off about 1,000 workers, or less than 3 per cent of its work force, as the company seeks to improve its financial results.
San Francisco, Sept 19: Network computer maker Sun Microsystems Inc. said it is laying off about 1,000 workers, or less than 3 per cent of its work force, as the company seeks to improve its financial results.
Sun spokesman Andrew Lark said on Thursday that roughly 1,000 jobs will be cut, and that is is continuing to invest in other areas of the company.
Santa Clara, California-based Sun Microsystems has about 36,000 workers worldwide.
The move comes as the company, which has struggled in the tech downturn more than its principal rivals, unveiled this week a new and simpler way of selling and distributing its business software and rolled out new computer servers and workstations.
Sun said in a statement that the job cuts were aimed at helping the company to achieve its fiscal 2004 "goals of growing revenues, improving profitability and increasing shareholder value."
Bureau Report