San Francisco – Computer server maker Sun Microsystems Inc., whose revenue has declined four years in a row, said today it planned to cut 4,000 to 5,000 jobs in an effort to return to consistent profitability.
The cuts, which will reduce Sun’s 37,500-person work force by 11 percent to 13 percent, will cost the Santa Clara-based company from $340 million to $500 million over the next several quarters, according to a news release.
Sun executives expect the plan to save the company from $480 million to $590 million, once it is fully implemented sometime next year.
The company, a major supplier of computer servers that run corporate networks and Web sites, has struggled since the collapse of the dot-com bubble in late 2000.
Sun, the world’s fourth-biggest maker of server computers that run
corporate networks, has campuses in Broomfield and Louisville,
which is home to Storage Technology Corp. Sun acquired the
data-storage systems manufacturer last year for $4.1 billion.
It’s unclear what affect Sun’s cuts will have on its Colorado workforce.
