SAN FRANCISCO - Sun Microsystems Inc. plans to eliminate up to 3,000 jobs, or 10 percent of its worldwide workforce, as it awaits a takeover by Oracle Corp., a deal being held up by antitrust regulators in Europe.
The layoffs Sun outlined yesterday in a regulatory filing are the latest in a series of job cuts at the world’s No. 4 server maker.
Sun, a dot-com-era star, was banking on the $7.4 billion deal with Oracle as a lifeline after a decade of financial struggles. As delays have mounted, Sun has had to fend for itself.
Sun’s losses are mounting too: It lost $2.2 billion in the last fiscal year, which ended June 30.
Sun said the job cuts will happen over the next year and affect all of Sun’s major regions, including North America, Europe, Asia, and emerging markets.
