Friday, November 14, 2008

A Crisis in Finance

Crisis Spreads to Tech Sector as Sun to Cut Work Force
Crisis Spreads to Tech Sector as Sun to Cut Work Force
Peter DaSilva for The New York Times
The historic Clock Tower at the heart of Sun Microsystems Agnews campus in Santa Clara, Calif., on Friday. Sun Microsystems announced a broad restructuring that could see up to 6,000 employees lose their jobs.

Sun Microsystems has started a restructuring that could see up to 6,000 employees lose their jobs as it joins a growing list of technology companies reeling from the crisis.

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