Sun Microsystems cutting 200 workers as part of larger restructuring |
Register here for our next TechFlash Live networking event, March 23, featuring an expert panel discussing the future of online advertising.
Sun Microsystems is cutting 200 workers in the U.S. and Canada, including nine employees at offices in Bellevue. The layoffs were disclosed in a filing with the state of Washington, listing an effective date of mid-January.
The cuts are part of a plan by the Santa Clara, Calif.-based software maker to reduce operating expenses, with the Associated Press reporting last month that Sun's business is under "extreme pressure" due to the credit crunch and competition from IBM. Revenue is shrinking and losses are piling up.
In May, the company said it would reduce its workforce by 1,500 to 2,500 worldwide. It sent layoff notices to 1,000 employees in July.
The latest round of notices went out to 200 workers on November 6, said company spokeswoman Dana Lengkeek. She declined to comment on the number of workers impacted in Washington state.
"Sun continues to make choices to align strategically, geographically and operationally with its plan for long term growth," she said in a statement. "Sun remains committed to maintaining a disciplined approach to meeting financial and operational goals."
Seattle University Software Engineering
Chinwe Okeke (MSE’08) pursued her graduate degree while working as a developer and technical analyst for the Boeing Company. She picked the SU-MSE program for small class sizes and real world learning opportunities offered through the academic service-learning and capstone projects.
The MSE program at Seattle University is geared for working professionals with classes offered in the evenings. The program builds upon the computing experience of its students and offers courses in a variety of technical and management areas of software engineering, with an emphasis on teamwork and a disciplined approach to problem solving.
Marchex is one of Seattle’s largest ad technology companies with 300+ employees providing call and click based performance marketing products, and managing over $100m in ad budget for tens of thousands of advertisers. Our customers range from local businesses to the Fortune 500.
Our talented and creative product engineering group is hiring.
If you are an innovative software design engineer interested in solving difficult problems at scale, across a wide array of technologies from Lucene to Hadoop to Asterisk and SIP then we’d love to hear from you!
Apply now.
Technology Tax Planning – Did You Take The Deduction?
Technology companies require professional advisors who can assist in all aspects of the business. The BDO Technology Practice provides a full range of services tailored to help address the changing needs of domestic and international companies. In addition to core audit and tax services, BDO professionals can assist technology companies with:
· Revenue recognition
· Business combination accounting
· R&D tax credits
· Compensation and benefits
· Business valuations
Backed by 38 national offices and an international network in 110 countries, we have the domestic and global footprint to serve growing technology companies. Contact sphilpott@bdo.com (audit partner), mreeves@bdo.com (audit partner), psmith@bdo.com (tax partner), tzambito@bdovaluation.us.com (valuation), tfiscus@bdo.com, Director, 206.624.2020