Sun CEO swings a slow-motion ax
Despite widespread rumors, Sun didn't announce expected mass layoffs of as many as 5,000 employees on Thursday. A company spokesperson said that the layoffs have actually been ongoing, in smaller waves, since a May 31 restructuring announcement, and that only about 400 got pink slips. But CEO Jonathan Schwartz, speaking at the Supernova conference, gave a pretty big clue as to where his slow-motion ax would fall in the future. "The era of custom hardware is on its way out," Schwartz told the crowd. That spells bad news, presumably, for anyone working on Sun's high-end Sparc servers, which use a special chip that's incompatible with the much more common Intel processor. Whose jobs are safest? Anyone working on Sun's Solaris and Java software, which Schwartz appears to favor.

Do you work for Sun, or know someone who does? What do you hear about the cuts?
Posted by Owen Thomas 6:43 PM 0 Comments comment | Add a Comment

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Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer. Morningstar: © 2018 Morningstar, Inc. All Rights Reserved. Factset: FactSet Research Systems Inc. 2018. All rights reserved. Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Standard & Poor's and S&P are registered trademarks of Standard & Poor's Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices © S&P Dow Jones Indices LLC 2018 and/or its affiliates.