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Tag Archives: retrenchment

Sun blames Brussels as 3,000 jobs are axed

Sun Microsystems on Tuesday announced plans to slash 3,000 jobs over the next year, putting the move down to the delay in getting European Commission clearance for its agreed $7bn acquisition by Oracle.

Posted byadminOctober 21, 2009Posted inDaily NewsTags: acquisition, approval, collapse, competitiveness, executive, months, officer, Recession, result, retrenchment, workforce
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