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Sun said in its letter to the state that it expecte to release employees nationwidew beginning May 30 as part ofa "need to reducre overall spending in fiscal year 2009, includinvg a reduction in head count." The locak cuts will come from Sun's Pittsburgh its King of Prussia site, whic will lose 24 and its Lemoyne location, which will eliminate 4 According to its Web Sun has more than 33,000 employeews worldwide, and had fiscal 2008 revenue of $13.88 The company announced Tuesday it was layinv off 1,500 workers across the country.
The cuts are part of a plan announce d in the fall to trim18 percent, or abourt 6,000 jobs, from Sun's total work Sun (NASDAQ:JAVA) said earlier the cuts were part of a corporates restructure that was necessary because of fallin g demand. Sun is reportedly in discussions on areporteed $6.5 million acquisition offere from Armonk, N.Y.-based (NYSE:IBM) .
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