Friday, January 16, 2009

Sun Microsystem to lay off staff in India, no fresh hiring in 2009

Santa Clara-based $13.88 billion Sun Microsystems will lay off staff in India Coming to terms with lay-off as part of its plan to cut 6,000 jobs globally. company employs some 33,423 people worldwide. While the company is yet to decide the exact number of job cuts in India, it has no plans for fresh hiring in 2009.

The company, which operates in more than 100 countries around the globe, employs some 1,300 people in India.

"The number of job cuts in India will be minimal as the country is projected as one of the emerging markets along with Brazil, Russia and China. Fresh hiring will hardly be there. We may look at some sporadic hiring as and when required," Mr Anil Valluri, vice-president & managing director of Sun Microsystems India, told ET.

In India, the company is also reorienting its business strategy to earn better revenues during this ongoing recessionary period.

"Our focus is now more on public sector units as there is hardly any cost cutting in the government sector. Earlier, PSUs contributed some 20-25% of our revenues and the rest came from the private sector. But, in 2009, we expect some 40-45% of our revenues to come from PSUs," said Mr Valluri.

Incidentally, some of the leading PSU clients of Sun Micro are Punjab National Bank, Vijaya Bank, Dena Bank and others in the banking sector.

"The telecom sector is also adding subscribers and, therefore, there is business being generated, too. Public sector telecom giants like BSNL and MTNL are two major sources of business for us," he added.

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