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Sun Microsystems Timeline	Sunday, June 17			Author
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Oracle High Tech Business (25)   South San Mateo County Merger and Acquisition (59)   IBM (24)   Palo Alto Job Cut (33)   Silicon Valley Job Cut (64) Recent Summary.     Click for More > Oracle slashes at least 900 Santa Clara jobs year 2017 ... more > Sep.5 Business Leaders Main Event: Sun CEO: Twitte... Sun Microsystems on Google Map B. 2017-09-05 Oracle slashes at least 900 Santa Clara jobs Oracle, Santa Clara 2. 2014-06-12 Silicon Valley billionaire Scott McNealy caddies for his son at Pinehurst Sun D. 2011-06-23 Shares down on hardware sales Oracle E. 2010-06-24 Oracle Income Jumps On Sun Acquisition Oracle F. 2010-06-04 Oracle Cutting More Ex-Sun Workers' Jobs Oracle 2010-02-04 Sun CEO: Twitter quitter Sun H. 2010-01-27 Oracle completes Sun acquisition Oracle I. 2010-01-21 EU clears Oracle takeover of Sun Sun J. 2009-12-14 E.U. warms to Oracle-Sun deal Oracle      * Time by Topic Sun, 21st Century, Time by Topic Time High Tech Business Earnings Merger and Acquisition Bad Economic News Job Cut 2017 High Tech Business 2017 2017 High Tech Business Earnings 2017 2017 Earnings Merger and Acquisition 2017 2017 Merger and Acquisition Oracle slashes at least 900 Santa Clara jobs Oracle slashes at least 900 Santa Clara jobs 2011 Shares down on hardware sales Shares down on hardware sales Merger and Acquisition 2011 2011 Merger and Acquisition Bad Economic News 2011 2011 Bad Economic News Job Cut 2011 2011 Job Cut 2010 Oracle Income Jumps On Sun Acquisition Sun CEO: Twitter quitter EU clears Oracle takeover of Sun Oracle Income Jumps On Sun Acquisition Oracle Income Jumps On Sun Acquisition Sun CEO: Twitter quitter EU clears Oracle takeover of Sun Bad Economic News 2010 2010 Bad Economic News Job Cut 2010 2010 Job Cut 2009 E.U. warms to Oracle-Sun deal Sun deal cloudy after IBM pulls offer IBM May Buy Sun Micro Sun posts $147M loss as Oracle deal looms Sun Predicts Weak Results E.U. warms to Oracle-Sun deal Sun Micro Slashing Up To 3,000 Jobs EU Applies Brakes To Oracle-Sun Deal Oracle To Buy Sun For $7.4B IBM May Buy Sun Micro Sun Micro Slashing Up To 3,000 Jobs Sun posts $147M loss as Oracle deal looms Sun Predicts Weak Results Sun Micro Slashing Up To 3,000 Jobs 2008 Sun To Cut 6,000 Jobs Sun Expands Stock Buyback Sun swings to 3Q loss, shares tumble Sun Micro predicts 4Q above Street Sun swings to 3Q loss, shares tumble Sun to buy MySQL for $1 billion Sun To Cut 6,000 Jobs Sun To Cut 6,000 Jobs 2007 Sun to Use Intel Chips in Some Servers Sun Microsystems Sees 1Q Profit Shares jump 11% on 4th-quarter profit 3Q Profit, But Shares Fall Merger and Acquisition 2007 2007 Merger and Acquisition Bad Economic News 2007 2007 Bad Economic News Sun Microsystems to Reduce Work Force 2006 Sun to Cut Up to 5,000 Jobs Earnings 2006 2006 Earnings Merger and Acquisition 2006 2006 Merger and Acquisition Sun to Cut Up to 5,000 Jobs Sun to Cut Up to 5,000 Jobs 2005 Google, Microsoft and Sun to fund lab Google, Sun target Microsoft Office Earnings 2005 2005 Earnings Sun buys StorageTek for $4.1 billion Bad Economic News 2005 2005 Bad Economic News Job Cut 2005 2005 Job Cut 2004 Sun finalizes accounting for settlement Sun settles with Microsoft, cuts 3,300 job Earnings 2004 2004 Earnings Merger and Acquisition 2004 2004 Merger and Acquisition Bad Economic News 2004 2004 Bad Economic News Sun settles with Microsoft, cuts 3,300 job 2003 High Tech Business 2003 2003 High Tech Business 4th-quarter revenue falls 13% Merger and Acquisition 2003 2003 Merger and Acquisition Sun to cut another 1,080 jobs 4th-quarter revenue falls 13% Sun to cut another 1,080 jobs 2002 High Tech Business 2002 2002 High Tech Business Sun posts $111M loss, to cut 4,400 jobs Sun to hit bottom part of revenue Returns to profitability in fourth quarter Merger and Acquisition 2002 2002 Merger and Acquisition Sun posts $111M loss, to cut 4,400 jobs Sun to hit bottom part of revenue Sun Shares Off 27% Sun posts $111M loss, to cut 4,400 jobs Layoffs allegedly favored foreign workers 2001 High Tech Business 2001 2001 High Tech Business Sun cut 9% of work force Sun Microsystems lowers forecasts Merger and Acquisition 2001 2001 Merger and Acquisition Sun cut 9% of work force Sun Microsystems lowers forecasts Sun cut 9% of work force      * Time by Topic

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Aug.7 Sun Microsystems to Reduce Work Force Jul.31 Shares jump 11% on 4th-quarter profit Apr.24 3Q Profit, But Shares Fall Jan.23 Profit After Years In Red Jan.22  Sun to Use Intel Chips in Some Servers

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year 2006

Top ^

May.31 Sun to Cut Up to 5,000 Jobs

Sun Microsystems planned to reduce 37,500-person work force by 11% to 13% to return to consistent profitability  The cuts, over the next six months, will cost from $340 million to $500 million over the next several quarters The plan includes selling real estate and exiting leases. It will save from $480 million to $590 million. Chief executive McNealy had argued against more drastic work force reductions

U.S. in May, 2006 (79) Palo Alto Job Cut Timeline (33) Silicon Valley Job Cut Timeline (64)

May.12  Sun seeks buyer for Newark site Apr.24 McNealy steps down as CEO

Sun Microsystems' Scott McNealy replaced by Jonathan Schwartz, who had served as COO and president.    Scott McNealy, 51, is ending a long career as one of Silicon Valley's most colorful and controversial CEOs. McNealy will rem...

CEO Timeline (301)

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year 2005

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Dec.15  Google, Microsoft and Sun to fund lab Oct.4  Google, Sun target Microsoft Office Sep.28   Schwarzenegger holds town hall meeting  Gov. got a brief walk-through of Sun Microsystems' headquarters before a meeting of Silicon Valley's brightest minds Jun.2 Sun buys StorageTek for $4.1 billion

Sun Microsystems has signed a deal to buy the technology firm to become more competitive in business data storage

U.S. in June, 2005 (85)

Apr.30 Stock rises on report of sale

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year 2004

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Nov.5 Sun finalizes accounting for settlement Sep.20 Sun embraces Linux, targets Red Hat Jul.20 4th-quarter profit as sales rise Apr.16  Sun promises MS deal will boost finances Apr.15 Larger-than-expected loss Apr.2 Sun settles with Microsoft, cuts 3,300 job  Struggling server maker reached a sweeping, $1.6 billion settlement and plans to cooperate with its longtime nemesis Jan.15 2nd-quarter loss narrowed; revenues fall

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year 2003

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Dec.15 $291,000 fine for illegal exports to China Sep.30 Sun stock plummets Sep.29 $1.05 billion charge for fiscal 4th quarter  Sun Microsystems revised its quarter results after realizing its first-quarter loss will be greater than expected Sep.18 Sun to cut another 1,080 jobs  Troubled computer and software maker plans to cut another 3% of its work force to return to sustained profitability Sep.9  Co-founder, chief scientist to leave Jul.22 4th-quarter revenue falls 13%  Earnings failed to meet expectations as Sun Microsystems continued to struggle with weak demand Jun.26  Sun Lost Appeal on Java Apr.16  Small third-quarter profit Jan.16  $2.3 Billion Loss

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year 2002

Top ^

Dec.23  Microsoft Ordered to Carry Sun's Java Oct.17 Sun posts $111M loss, to cut 4,400 jobs  Sun Microsystems will cut 11% of its work force to bring its expenses in line with sales, despite results that beat expectations Oct.1  Feds investigating exports Aug.29 Sun to hit bottom part of revenue Aug.9  Sun Microsystems Loaned $6.3 Million Jul.19 Sun Shares Off 27% Jul.18 Returns to profitability in fourth quarter Jul.9 Pioneer of Gnutella dies at 25  Belmont: Gene Kan, an unofficial spokesman for file-swapping Gnutella, found dead of an apparently self-inflicted gunshot wound Jun.24 Layoffs allegedly favored foreign workers May.1 Sun president stepping down Apr.18  Narrower third-quarter loss Mar.8 Sun sues Microsoft Jan.18  Sun beats expectations

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year 2001

Top ^

Oct.18 Sun beats expectations Oct.5 Sun cut 9% of work force  Sun Microsystems lowers earnings outlook and cut 3,900 jobs Oct.3  Sun signs $100million pact with News Sep.12  Sun employee killed in hijacking Jul.31  Sun to cut up to 300 jobs Jul.19 Sun beats expectations May.29 Sun Microsystems lowers forecasts  Revenue in fourth quarter is expected to be between $3.8 billion and $4 billion. Sun to concentrate on Fortune 500 companies Apr.19  Sun earnings fall 73% Feb.26  Sub-$1000 Unix workstation Feb.22  Sun lowers 3rd-quarter earnings Jan.18  Sun meet expectations

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