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I actually thought it was closer to 2000. I have a friend that works there, and her department of 300, fired about 75 people. Pretty crappy situation, as some
by ardit33 18y ago
I actually thought it was closer to 2000.
I have a friend that works there, and her department of 300, fired about 75 people. Pretty crappy situation, as some were in tight situation (one had just became a father, and another one almost at the end of the green card process) etc.
I think they got about 2 months of severance package, + some weeks of pay for every year they worked there. Not bad.
Larger companies are really not as safe as people think. In a case of recession, you want to be in a small-medium/lean company, and whatever you doing is their life-hood, aka core businness. Some software companies just can't afford to fire engineers, as their businness will suffer.
Large companies like Sun, accumulate enough fat, that as soon as some bad times come, it is the best time to trim some of it.