Contrary to business analyst’s predictions, Oracle founder Larry Ellison will hire 2,000 employees after buying out Sun Microsystems. Ellison has decided to take advantage of Sun Microsystems background in hardware and hire 2,000 new people in sales and engineering to create and market large computer systems. Ellison believes that the future of computing will combine [...]
Continue reading...Tuesday, October 20, 2009
Sun Microsystems announced that it is cutting 3,000 jobs, or about 10% of its workforce. The cuts are necessary, the company says, because of losses it is incurring while waiting for European regulators to approve its purchase by Oracle. However, Sun has been laying workers off slowly over the last several years, [...]
Continue reading...Monday, April 20, 2009
Redwood City, California-based Oracle’s purchase of rival Sun Microsystems, announced today, could doom thousands of jobs at the companies’ Burlington, Massachusetts’ plants. Oracle will buy Sun for $7.4 billion, after a deal between Santa Clara, California’s Sun and IBM failed to work out. In 2007, Sun had 1,700 employees in Massachusetts. Software giant Oracle also employs a [...]
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Wednesday, January 27, 2010
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