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What Oracle Sees in Sun Microsystems | NewsFactor Network

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Citigroup's Thill estimates Oracle could cut between 40 percent and 70 percent of Sun's roughly 33,000 employees. Excluding restructuring costs, Oracle expects Sun to add $1.5 billion in profit during the first year after the acquisition closes this summer, and another $2 billion the following year. Oracle executives declined to say how many jobs would be eliminated.

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Citigroup's Thill estimates Oracle could cut between 40 percent and 70 percent of Sun's roughly 33,000 employees. Excluding restructuring costs, Oracle expects Sun to add $1.5 billion in profit during the first year after the acquisition closes this summer, and another $2 billion the following year. Oracle executives declined to say how many jobs would be eliminated.

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