Massive layoffs projected - SUN

This is a discussion on Massive layoffs projected - SUN ; "The good news is that they're back to being sort of break even," Lehman's Niles said, but he questioned whether Sun's revenues were enough to support its 35,000-strong employee base. "At a certain point, break even isn't going to cut ...

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  1. Massive layoffs projected

    "The good news is that they're back to being sort of break even," Lehman's Niles
    said, but he questioned whether Sun's revenues were enough to support its
    35,000-strong employee base. "At a certain point, break even isn't going to cut
    it. You need to either get the profitability up so you can support your employee
    base or you need to go through further restructuring," he said.

    http://www.bio-itworld.com/news/072303_report2954.html


  2. Re: Massive layoffs projected


    "James smyth" wrote in message
    news:R6lXa.2027$gN2.21049463@news-text.cableinet.net...
    > "The good news is that they're back to being sort of break even," Lehman's

    Niles
    > said, but he questioned whether Sun's revenues were enough to support its
    > 35,000-strong employee base. "At a certain point, break even isn't going

    to cut
    > it. You need to either get the profitability up so you can support your

    employee
    > base or you need to go through further restructuring," he said.


    And you think lots of people losing their jobs is a good thing to help your
    advocacy? lets hope it happens to you if you when you leave school
    Woody



  3. Re: Massive layoffs projected

    CJT wrote:
    > James smyth wrote:
    >
    >> "The good news is that they're back to being sort of break even,"
    >> Lehman's Niles
    >> said, but he questioned whether Sun's revenues were enough to support its
    >> 35,000-strong employee base. "At a certain point, break even isn't
    >> going to cut
    >> it. You need to either get the profitability up so you can support
    >> your employee
    >> base or you need to go through further restructuring," he said.
    >>
    >> http://www.bio-itworld.com/news/072303_report2954.html
    >>

    >
    > Your subject line doesn't match what the article says.
    >

    Indeed. A subject line of "Massive profit increases projected"
    would've been every bit as accurate.

    Chris Mattern


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