By Rohan Pinto on Nov 14, 2008
with this announcement : http://www.sun.com/aboutsun/pr/2008-11/sunflash.20081114.1.xml
- we take yet another step towards "change".
Do I see any change ? yes! of course I do. and here's what I see.
As part of today's actions, Sun's Board of Directors has approved a restructuring plan aimed at reducing costs by approximately $700 to $800 million annually. The plan includes a reduction of approximately 5,000 to 6,000 employees, representing approximately 15% to 18% of the Company's global workforce.
"reducing costs by approximately $700 to $800 million annually"
Sun expects to incur total charges in the range of $500 to $600 million over the next twelve months in connection with the plan, of which it expects to incur approximately $375 to $450 million within its current fiscal year 2009.
"Sun expects to incur total charges in the range of $500 to $600 million over the next twelve months"
- so... Am I reading this right ? or have i missed something ? Sometimes all of us see what we wanna see and tend to ignore the bigger picture. Like every other human being, I'm trying to see the bigger picture myself. Yet; however my blindfolds compel me to see what I wanna see. I guess It's time to take those blindfolds off as see the "bigger" picture :
Sun's new software alignments include the formation of two new business groups and a new group within Sun's existing Systems business:
Application Platform Software: Executive Vice President, Anil Gadre, will move from his position as Chief Marketing Officer to lead this newly formed group. Charged with creating the highest value modern software business in the industry, the unit will build on Sun's open source leadership position to capitalize on the global market's demand for open application platforms for everything from databases to business integration services on servers, desktops and handheld devices. This includes the entirety of Sun's Java technology franchise, MySQL open source database products, as well as Software Infrastructure including the widely adopted GlassFish Application Server and leading Identity management products. This group will also include the Sun Learning Services organization.
Systems Platforms: Under the leadership of Executive Vice President, John Fowler, Sun's Solaris, Virtualization (including xVM and VirtualBox), and Systems Management Software teams join the Systems organization to deliver highly differentiated and optimized computing, storage and networking systems. Unlike any other technology provider on earth, Sun will be uniquely positioned to leverage its open OS leadership and virtualization portfolio to create durable competitive advantage for Sun's systems business, and category-shifting innovations for customers. The recently announced 7000-series of Open Storage products, leveraging open source ZFS technology, DTrace analytics, superior management capability, and unique storage engineering are only the beginning of this deep systems roadmap.
Cloud Computing & Developer Platforms: Working across all of Sun, Senior Vice President, Dave Douglas, will lead the Company's efforts to capitalize on two trends: the increasing shift of customer and developer focus to web-based cloud services and Sun's already established leadership position in the space through Network.com, the NetBeans developer platform, and the StarOffice portfolio. The unit will build upon Sun's existing online developer community - one of the world's largest - to firmly establish the company as a leader in cloud computing and grow this area into a significant driver of future revenues.