Sun lays off approximately 1,000 employees
Following through on a restructuring plan announced in May, Sun on Thursday laid off approximately 1,000 employees in the United States and Canada.
All told, the company plans to reduce its workforce by approximately 1,500 to 2,500 employees worldwide. Additional reductions will occur in other regions including EMEA (Europe, Middle East, Africa), Asia-Pacific, and Latin America. Reducing the number of employees by 2,500 would constitute a loss of about 7 percent of the company’s employees.
“Every part of the company’s staffing infrastructure was evaluated and reductions were made across all levels, including vice presidents and directors,” a Sun representative said Friday morning. The company declined to provide the names of these directors and vice presidents.
Sun has cited the economy as the reason for its recent troubles, which saw the company losing $34 million in the fiscal quarter that ended March 30.











RSS Feeds 


