Oracle to slash Sun workforce
A regulatory filing by Oracle has revealed up to $650 million will be spent on ‘employee severance costs.’


Oracle will be cutting a large number of Sun Microsystems' employees, it was revealed today.
A regulatory filing from the vendor showed it expected to incur costs of between $550 million (379 million) and $650 million for "restructuring charges related principally to employee severance costs."
The filing did not reveal exactly how many members of staff were set for the chop but it did account for the vast majority of the company's expected costs between $675 million and $825 million for its further integration of Sun across European and Asian regions.
Oracle bought Sun for $7.4 billion back in April last year but it had to jump through a lot of hoops to get the deal approved, both by the EU and the US authorities.
Since the takeover was finalised in January a number of high profile Sun employees, including chief executive (CEO) Jonathan Schwartz and Java creator James Gosling, jumped ship but Oracle CEO, Larry Ellison, had been bragging about a further 2,000 employees being hired rather than fired.
IT PRO contacted Oracle for comment on the layoffs but it had not responded to our request at the time of publication.
Get the ITPro daily newsletter
Sign up today and you will receive a free copy of our Future Focus 2025 report - the leading guidance on AI, cybersecurity and other IT challenges as per 700+ senior executives
Jennifer Scott is a former freelance journalist and currently political reporter for Sky News. She has a varied writing history, having started her career at Dennis Publishing, working in various roles across its business technology titles, including ITPro. Jennifer has specialised in a number of areas over the years and has produced a wealth of content for ITPro, focusing largely on data storage, networking, cloud computing, and telecommunications.
Most recently Jennifer has turned her skills to the political sphere and broadcast journalism, where she has worked for the BBC as a political reporter, before moving to Sky News.
-
M&S suspends online sales as 'cyber incident' continues
News Marks & Spencer (M&S) has informed customers that all online and app sales have been suspended as the high street retailer battles a ‘cyber incident’.
By Ross Kelly
-
Manners cost nothing, unless you’re using ChatGPT
Opinion Polite users are costing OpenAI millions of dollars each year – but Ps and Qs are a small dent in what ChatGPT could cost the planet
By Ross Kelly
-
Organizations shift away from Oracle Java as pricing changes bite
News A survey from Azul Systems finds that, along with cost, customers cite a preference for open source and the threat of a Java usage audit
By Emma Woollacott
-
Why Java 17 growth is ‘exploding’
News Java 17 is now the most popular LTS version, according to application data from New Relic, but what's driving this growth?
By Steve Ranger
-
SuiteWorld 2023: NetSuite's day-two announcements
Live Blog Keep up-to-date with all the day-two announcements from NetSuite SuiteWorld 2023
By Rory Bathgate
-
Can Oracle really be Linux's knight in shining armor?
Opinion The self-proclaimed champion of open source freedom would like you to forget about its history
By Richard Speed
-
Oracle’s Java subscription changes spark concerns over cost hikes for smaller businesses
News Smaller businesses could incur significant cost hikes as high as 1,400% with most new customers expected to pay at least double
By Ross Kelly
-
Oracle to launch 14 new cloud regions over the next year
News The company wants to support the demand for its customers as it looks to open at least two regions in each country it operates
By Zach Marzouk
-
Windows 11 has problems with Oracle VirtualBox
News Microsoft confirms compatibility issues as new operating system makes its debut
By Rene Millman
-
Oracle plans $1.2 billion campus in Nashville, Tennessee
News The company is building ‘new digital hubs’ to meet demand for its cloud products
By Mike Brassfield