Sun Microsystems spends to save $800M

January 27, 2009 5:05:26 PM PST
Sun Microsystems of Santa Clara is finding it costs money to save money.

Sun reported a loss Tuesday of $200M due to what it described as "restructuring charges," or the cost of laying off 6000 workers.

Eventually Sun predicts the layoffs will save the company $800 million a year.


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