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Sun confirms 1,500 job cuts this week

James Niccolai | March 31, 2009
The reductions are said to affect a big portion of Sun's direct sales team

Sun's sales force may have been anticipating the job cuts and, as a result, "has been particularly ineffective in the current quarter," Wedge Partners said. "We understand that Sun has had a very weak [fiscal third quarter]," the company said.

Sun's third quarter ends Tuesday and the company is due to report its financial results April 28.


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