Oracle is to cut more jobs in Europe and Asia in the wake of its Sun Microsystems takeover, according to a filing made by the company on Friday.
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In the filing with the US Securities and Exchange Commission (SEC), Oracle said its management had made the decision at a 10 May meeting to reduce the size of the combined Oracle-Sun workforce. No employee numbers were mentioned, but Oracle said the amendment to its plans would cost between $675m (£465m) and $825m.
"The amendment further reduces the size of Oracle's combined workforce primarily in Europe and Asia, eliminates redundant costs resulting from the acquisition of Sun and reflects improved efficiencies in operations," the filing read.
According to Oracle, affected employees started to be notified on 28 May. The costs, which will entail $550m-$650m in severance pay, will be incurred by the end of 2011.
The workforce reductions come on top of the 3,000 job cuts announced in October last year, when Sun was preparing itself for Oracle's $7.4bn takeover. Almost a year before that, Sun announced it was laying off 6,000 workers.






