Oracle rolls more Sun heads Oracle has laid off additional Sun workers in Europe and Asia, according to a company SEC filing. Back in January, when it ate Sun Microsystems, Oracle bragged that it was hiring 2,000 people to boost its Sparc hardware and Soladfris Unix business, but it looks like a lot more people will be going from the Sun unit than newbies …
Unless I fail at English, doesn't the part "$675m to $825m for the Sun restructuring, which "eliminates redundant costs resulting from the acquisition of Sun"" imply that Oracle is going to spend between $400 and $600 million, in order not to spend... how much? that same amount? marginally more? Some tea and a slice of fail cake with cream, please.
I think it is more likely that unlike Sun, Oracle is getting rid of most of the overpaid, underdelivering, executive types. Their pay out is much higher than the everyday types(10X)... I doubt that they are axing anything like 7000 employees as the layoffs are targeted outside of the US, and going by how many foreign workers Sun employs, they would basically be giving up more than half their international employees.
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