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Sun SEC Filing Reports Planned Job Cuts

The European Union (EU) confirmed that Oracle President Safra Catz met with EU Competition Commissioner Neelie Kroes for negotiations over the company’s acquisition of Sun, which disclosed in a SEC filing this week that it plans on cutting up to 3,000 jobs due to the delay in the acquisition.

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Tags: acquisition, EU, European Union, IBM, merger, Microsoft, MySQL, Neelie Kroes, SQL

This entry was posted on Thursday, October 22nd, 2009 at 10:29 am and is filed under News, Oracle. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.