| |
| With Acquisition Delayed, Sun Cutting 3,000 Jobs Posted: SAN FRANCISCO—With its proposed acquisition by Oracle Corp. being delayed by regulators, Sun Microsystems Inc. plans to cut 3,000 jobs across several regions over the next 12 months, the company said Tuesday (Oct. 20). Oracle Corp. agreed in April to buy Sun for $7.4 billion. But the acquisition has not yet closed because of an ongoing antitrust probe by the European Commission. In a ...  |
| Posted: SAN FRANCISCO—NOR flash vendor Spansion Inc. acknowledged that the company cut an undisclosed number of jobs Monday (Oct. 26). A Spansion spokesperson said through a prepared statement that a "small restructuring" took place at Spansion Monday. The statement said the layoff was "necessary to better prioritize and align the company's resources with its business goals and emergence from Chapter ... |
| You are subscribed to email updates from Articles To stop receiving these emails, you may unsubscribe now. | Email delivery powered by Google |
| Google Inc., 20 West Kinzie, Chicago IL USA 60610 | |
