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According to The Register, Sun plans on laying off between 15-18% of its workforce (an estimated 5,000-6,000 positions) and restructuring itself into three major divisions, thanks to earlier periods of slowed growth (or losses) and the already bleak economic picture.
Sun's President and CEO Jonathan Schwartz says that this is a decisive action in the face of the economy, and that these cuts should facilitate the delivery of key open source platform innovations, including MySQL. In his corporate blog, however, Schwartz drops a few hints about other projects, such as OpenOffice.
