Oracle to sack half of Sun? Ridiculous, says Sun
Oracle's expected $7.4 billion acquisition of Sun Microsystems will undoubtedly be followed by at least a few layoffs, but as much as half of the company's workforce?
Not a chance, says Sun, which issued an all-hands memo reassuring employees that a recent report from research outfit UBS that suggests Oracle might sack 13,800 when the deal finally closes is off the mark--and way off the mark.
"You may have seen an article published by Bloomberg, subsequently picked up by other media, that references a UBS analyst report speculating that Oracle could cut up to 50% … Read more