Fired: 7 Large Lay-Offs by Tech Companies

25.05.2012

In order to streamline its operations and shift focus on mobile broadband networks, Nokia-Siemens announced in November 2011 that it would reduce its 74,000 strong workforce , including .

Sun, known for its servers and workstations and developing Java, declared in November 2008, that it would be . The then Sun CEO Jonathan Schwartz and hoped that the move would save about $800 million annually.

However, by early 2010, Sun had been and 1,000 more layoffs , although that was offset by the 2,000 new hires Oracle announced for Sun at the same time.