18% eclipse at Sun

Opinion
Nov 14, 20081 min

More repercussions in the tech sector as Sun announces it is letting go of 15% to 18% of its workforce as part of a restructuring plan. The layoffs are intended to save $700 million to $800 million per year and will affect as many as 6,000 employees. Despite all the gloom that has been gathering, observers remain optimistic about tech.