http://www.thestandard.com/node/125041/comments comments feed. en Sun Microsystems CEO Jonathan Schwartz steps down? http://www.thestandard.com/predictions/sun-microsystems-ceo-jonathan-schwartz-steps-down-april-30-2009 <p> <p> </p> <p>Sun Microsystems chief executive <a href="http://www.sun.com/aboutsun/executives/schwartz/bio.jsp">Jonathan Schwartz</a> is on shaky ground. In November, Sun announced <a href="http://www.nytimes.com/2008/11/15/technology/companies/15sun.htm">massive layoffs</a> of up to 6,000 employees, or 18% of the company. The financial crisis has <a href="http://blogs.wsj.com/biztech/2008/12/03/the-server-story-is-not-pretty/">slammed the server business</a>, especially Sun, which relies heavily on Wall Street spending. </p> <p>Along with losing market share to competitors IBM and Hewlett-Packard, Sun also embarked on a risky move to promote its free open-source software strategy and sell services to support it. The company <a href="http://news.cnet.com/8301-10784_3-9851644-7.html">bought open-source firm MySQ</a>L last year for $1 billion. </p> <p>Under Schwartz's watch, Sun's stock-market value is worth <a href="http://finance.yahoo.com/q?s=JAVA">$2.9 billion</a>, making it less than <a href="http://bits.blogs.nytimes.com/2008/10/09/sun-microsystems-a-lesson-in-failed-cosmetic-surgery/?scp=4&sq=sun%20microsystems%20and%20jonathan%20schwartz&st=Search">the company's cash reserves of $3.1 billion</a> as of Sept. 30. In other words, investors believe that aside from its cash, the company is essentially worthless. </p> <p><a href="http://www.glassdoor.com/Reviews/Sun-Microsystems-Reviews-E1924.htm">Schwartz's approval rating</a> ranks as one of the lowest at 25% on Glassdoor. On the plus side, at least his troops are happier with him than eBay's employees are with <a href="http://www.glassdoor.com/Reviews/eBay-Reviews-E7853.htm">John Donahoe</a>. </p> <p><b>Prediction: Sun Microsystems announces by April 30, 2009 that Jonathan Schwartz will step down as CEO.</b> For clarification, an announcement that Schwartz will no longer be CEO will be sufficient for a favorable judgment. </p> <p>Image: <a href="http://www.sun.com/aboutsun/executives/schwartz/bio.jsp">Sun Microsystems </a></p> http://www.thestandard.com/predictions/sun-microsystems-ceo-jonathan-schwartz-steps-down-april-30-2009#comments Business & Finance Cisco co: Sun Microsystems dell HP IBM LAN Microsoft people: jonathan schwartz Servers Virtualization vmware Mon, 26 Jan 2009 19:07:21 -0500 Yi-Wyn Yen 125041 at http://www.thestandard.com Sun Microsystems CEO Jonathan Schwartz steps down? http://www.thestandard.com/predictions/sun-microsystems-ceo-jonathan-schwartz-steps-down-april-30-2009 <p> <p> </p> <p>Sun Microsystems chief executive <a href="http://www.sun.com/aboutsun/executives/schwartz/bio.jsp">Jonathan Schwartz</a> is on shaky ground. In November, Sun announced <a href="http://www.nytimes.com/2008/11/15/technology/companies/15sun.htm">massive layoffs</a> of up to 6,000 employees, or 18% of the company. The financial crisis has <a href="http://blogs.wsj.com/biztech/2008/12/03/the-server-story-is-not-pretty/">slammed the server business</a>, especially Sun, which relies heavily on Wall Street spending. </p> <p>Along with losing market share to competitors IBM and Hewlett-Packard, Sun also embarked on a risky move to promote its free open-source software strategy and sell services to support it. The company <a href="http://news.cnet.com/8301-10784_3-9851644-7.html">bought open-source firm MySQ</a>L last year for $1 billion. </p> <p>Under Schwartz's watch, Sun's stock-market value is worth <a href="http://finance.yahoo.com/q?s=JAVA">$2.9 billion</a>, making it less than <a href="http://bits.blogs.nytimes.com/2008/10/09/sun-microsystems-a-lesson-in-failed-cosmetic-surgery/?scp=4&sq=sun%20microsystems%20and%20jonathan%20schwartz&st=Search">the company's cash reserves of $3.1 billion</a> as of Sept. 30. In other words, investors believe that aside from its cash, the company is essentially worthless. </p> <p><a href="http://www.glassdoor.com/Reviews/Sun-Microsystems-Reviews-E1924.htm">Schwartz's approval rating</a> ranks as one of the lowest at 25% on Glassdoor. On the plus side, at least his troops are happier with him than eBay's employees are with <a href="http://www.glassdoor.com/Reviews/eBay-Reviews-E7853.htm">John Donahoe</a>. </p> <p><b>Prediction: Sun Microsystems announces by April 30, 2009 that Jonathan Schwartz will step down as CEO.</b> For clarification, an announcement that Schwartz will no longer be CEO will be sufficient for a favorable judgment. </p> <p>Image: <a href="http://www.sun.com/aboutsun/executives/schwartz/bio.jsp">Sun Microsystems </a></p> http://www.thestandard.com/predictions/sun-microsystems-ceo-jonathan-schwartz-steps-down-april-30-2009#comments Business & Finance Cisco co: Sun Microsystems dell HP IBM LAN Microsoft people: jonathan schwartz Servers Virtualization vmware Mon, 26 Jan 2009 19:07:21 -0500 Yi-Wyn Yen 125041 at http://www.thestandard.com Sun Microsystems CEO Jonathan Schwartz steps down? http://www.thestandard.com/predictions/sun-microsystems-ceo-jonathan-schwartz-steps-down-april-30-2009 <p> <p> </p> <p>Sun Microsystems chief executive <a href="http://www.sun.com/aboutsun/executives/schwartz/bio.jsp">Jonathan Schwartz</a> is on shaky ground. In November, Sun announced <a href="http://www.nytimes.com/2008/11/15/technology/companies/15sun.htm">massive layoffs</a> of up to 6,000 employees, or 18% of the company. The financial crisis has <a href="http://blogs.wsj.com/biztech/2008/12/03/the-server-story-is-not-pretty/">slammed the server business</a>, especially Sun, which relies heavily on Wall Street spending. </p> <p>Along with losing market share to competitors IBM and Hewlett-Packard, Sun also embarked on a risky move to promote its free open-source software strategy and sell services to support it. The company <a href="http://news.cnet.com/8301-10784_3-9851644-7.html">bought open-source firm MySQ</a>L last year for $1 billion. </p> <p>Under Schwartz's watch, Sun's stock-market value is worth <a href="http://finance.yahoo.com/q?s=JAVA">$2.9 billion</a>, making it less than <a href="http://bits.blogs.nytimes.com/2008/10/09/sun-microsystems-a-lesson-in-failed-cosmetic-surgery/?scp=4&sq=sun%20microsystems%20and%20jonathan%20schwartz&st=Search">the company's cash reserves of $3.1 billion</a> as of Sept. 30. In other words, investors believe that aside from its cash, the company is essentially worthless. </p> <p><a href="http://www.glassdoor.com/Reviews/Sun-Microsystems-Reviews-E1924.htm">Schwartz's approval rating</a> ranks as one of the lowest at 25% on Glassdoor. On the plus side, at least his troops are happier with him than eBay's employees are with <a href="http://www.glassdoor.com/Reviews/eBay-Reviews-E7853.htm">John Donahoe</a>. </p> <p><b>Prediction: Sun Microsystems announces by April 30, 2009 that Jonathan Schwartz will step down as CEO.</b> For clarification, an announcement that Schwartz will no longer be CEO will be sufficient for a favorable judgment. </p> <p>Image: <a href="http://www.sun.com/aboutsun/executives/schwartz/bio.jsp">Sun Microsystems </a></p> http://www.thestandard.com/predictions/sun-microsystems-ceo-jonathan-schwartz-steps-down-april-30-2009#comments Business & Finance Cisco co: Sun Microsystems dell HP IBM LAN Microsoft people: jonathan schwartz Servers Virtualization vmware Mon, 26 Jan 2009 19:07:21 -0500 Yi-Wyn Yen 125041 at http://www.thestandard.com Sun Microsystems CEO Jonathan Schwartz steps down? http://www.thestandard.com/predictions/sun-microsystems-ceo-jonathan-schwartz-steps-down-april-30-2009 <p> <p> </p> <p>Sun Microsystems chief executive <a href="http://www.sun.com/aboutsun/executives/schwartz/bio.jsp">Jonathan Schwartz</a> is on shaky ground. In November, Sun announced <a href="http://www.nytimes.com/2008/11/15/technology/companies/15sun.htm">massive layoffs</a> of up to 6,000 employees, or 18% of the company. The financial crisis has <a href="http://blogs.wsj.com/biztech/2008/12/03/the-server-story-is-not-pretty/">slammed the server business</a>, especially Sun, which relies heavily on Wall Street spending. </p> <p>Along with losing market share to competitors IBM and Hewlett-Packard, Sun also embarked on a risky move to promote its free open-source software strategy and sell services to support it. The company <a href="http://news.cnet.com/8301-10784_3-9851644-7.html">bought open-source firm MySQ</a>L last year for $1 billion. </p> <p>Under Schwartz's watch, Sun's stock-market value is worth <a href="http://finance.yahoo.com/q?s=JAVA">$2.9 billion</a>, making it less than <a href="http://bits.blogs.nytimes.com/2008/10/09/sun-microsystems-a-lesson-in-failed-cosmetic-surgery/?scp=4&sq=sun%20microsystems%20and%20jonathan%20schwartz&st=Search">the company's cash reserves of $3.1 billion</a> as of Sept. 30. In other words, investors believe that aside from its cash, the company is essentially worthless. </p> <p><a href="http://www.glassdoor.com/Reviews/Sun-Microsystems-Reviews-E1924.htm">Schwartz's approval rating</a> ranks as one of the lowest at 25% on Glassdoor. On the plus side, at least his troops are happier with him than eBay's employees are with <a href="http://www.glassdoor.com/Reviews/eBay-Reviews-E7853.htm">John Donahoe</a>. </p> <p><b>Prediction: Sun Microsystems announces by April 30, 2009 that Jonathan Schwartz will step down as CEO.</b> For clarification, an announcement that Schwartz will no longer be CEO will be sufficient for a favorable judgment. </p> <p>Image: <a href="http://www.sun.com/aboutsun/executives/schwartz/bio.jsp">Sun Microsystems </a></p> http://www.thestandard.com/predictions/sun-microsystems-ceo-jonathan-schwartz-steps-down-april-30-2009#comments Business & Finance Cisco co: Sun Microsystems dell HP IBM LAN Microsoft people: jonathan schwartz Servers Virtualization vmware Mon, 26 Jan 2009 19:07:21 -0500 Yi-Wyn Yen 125041 at http://www.thestandard.com Sun Microsystems CEO Jonathan Schwartz steps down? http://www.thestandard.com/predictions/sun-microsystems-ceo-jonathan-schwartz-steps-down-april-30-2009 <p> <p> </p> <p>Sun Microsystems chief executive <a href="http://www.sun.com/aboutsun/executives/schwartz/bio.jsp">Jonathan Schwartz</a> is on shaky ground. In November, Sun announced <a href="http://www.nytimes.com/2008/11/15/technology/companies/15sun.htm">massive layoffs</a> of up to 6,000 employees, or 18% of the company. The financial crisis has <a href="http://blogs.wsj.com/biztech/2008/12/03/the-server-story-is-not-pretty/">slammed the server business</a>, especially Sun, which relies heavily on Wall Street spending. </p> <p>Along with losing market share to competitors IBM and Hewlett-Packard, Sun also embarked on a risky move to promote its free open-source software strategy and sell services to support it. The company <a href="http://news.cnet.com/8301-10784_3-9851644-7.html">bought open-source firm MySQ</a>L last year for $1 billion. </p> <p>Under Schwartz's watch, Sun's stock-market value is worth <a href="http://finance.yahoo.com/q?s=JAVA">$2.9 billion</a>, making it less than <a href="http://bits.blogs.nytimes.com/2008/10/09/sun-microsystems-a-lesson-in-failed-cosmetic-surgery/?scp=4&sq=sun%20microsystems%20and%20jonathan%20schwartz&st=Search">the company's cash reserves of $3.1 billion</a> as of Sept. 30. In other words, investors believe that aside from its cash, the company is essentially worthless. </p> <p><a href="http://www.glassdoor.com/Reviews/Sun-Microsystems-Reviews-E1924.htm">Schwartz's approval rating</a> ranks as one of the lowest at 25% on Glassdoor. On the plus side, at least his troops are happier with him than eBay's employees are with <a href="http://www.glassdoor.com/Reviews/eBay-Reviews-E7853.htm">John Donahoe</a>. </p> <p><b>Prediction: Sun Microsystems announces by April 30, 2009 that Jonathan Schwartz will step down as CEO.</b> For clarification, an announcement that Schwartz will no longer be CEO will be sufficient for a favorable judgment. </p> <p>Image: <a href="http://www.sun.com/aboutsun/executives/schwartz/bio.jsp">Sun Microsystems </a></p> http://www.thestandard.com/predictions/sun-microsystems-ceo-jonathan-schwartz-steps-down-april-30-2009#comments Business & Finance Cisco co: Sun Microsystems dell HP IBM LAN Microsoft people: jonathan schwartz Servers Virtualization vmware Mon, 26 Jan 2009 19:07:21 -0500 Yi-Wyn Yen 125041 at http://www.thestandard.com Sun Microsystems CEO Jonathan Schwartz steps down? http://www.thestandard.com/predictions/sun-microsystems-ceo-jonathan-schwartz-steps-down-april-30-2009 <p> <p> </p> <p>Sun Microsystems chief executive <a href="http://www.sun.com/aboutsun/executives/schwartz/bio.jsp">Jonathan Schwartz</a> is on shaky ground. In November, Sun announced <a href="http://www.nytimes.com/2008/11/15/technology/companies/15sun.htm">massive layoffs</a> of up to 6,000 employees, or 18% of the company. The financial crisis has <a href="http://blogs.wsj.com/biztech/2008/12/03/the-server-story-is-not-pretty/">slammed the server business</a>, especially Sun, which relies heavily on Wall Street spending. </p> <p>Along with losing market share to competitors IBM and Hewlett-Packard, Sun also embarked on a risky move to promote its free open-source software strategy and sell services to support it. The company <a href="http://news.cnet.com/8301-10784_3-9851644-7.html">bought open-source firm MySQ</a>L last year for $1 billion. </p> <p>Under Schwartz's watch, Sun's stock-market value is worth <a href="http://finance.yahoo.com/q?s=JAVA">$2.9 billion</a>, making it less than <a href="http://bits.blogs.nytimes.com/2008/10/09/sun-microsystems-a-lesson-in-failed-cosmetic-surgery/?scp=4&sq=sun%20microsystems%20and%20jonathan%20schwartz&st=Search">the company's cash reserves of $3.1 billion</a> as of Sept. 30. In other words, investors believe that aside from its cash, the company is essentially worthless. </p> <p><a href="http://www.glassdoor.com/Reviews/Sun-Microsystems-Reviews-E1924.htm">Schwartz's approval rating</a> ranks as one of the lowest at 25% on Glassdoor. On the plus side, at least his troops are happier with him than eBay's employees are with <a href="http://www.glassdoor.com/Reviews/eBay-Reviews-E7853.htm">John Donahoe</a>. </p> <p><b>Prediction: Sun Microsystems announces by April 30, 2009 that Jonathan Schwartz will step down as CEO.</b> For clarification, an announcement that Schwartz will no longer be CEO will be sufficient for a favorable judgment. </p> <p>Image: <a href="http://www.sun.com/aboutsun/executives/schwartz/bio.jsp">Sun Microsystems </a></p> http://www.thestandard.com/predictions/sun-microsystems-ceo-jonathan-schwartz-steps-down-april-30-2009#comments Business & Finance Cisco co: Sun Microsystems dell HP IBM LAN Microsoft people: jonathan schwartz Servers Virtualization vmware Mon, 26 Jan 2009 19:07:21 -0500 Yi-Wyn Yen 125041 at http://www.thestandard.com Sun Microsystems CEO Jonathan Schwartz steps down? http://www.thestandard.com/predictions/sun-microsystems-ceo-jonathan-schwartz-steps-down-april-30-2009 <p> <p> </p> <p>Sun Microsystems chief executive <a href="http://www.sun.com/aboutsun/executives/schwartz/bio.jsp">Jonathan Schwartz</a> is on shaky ground. In November, Sun announced <a href="http://www.nytimes.com/2008/11/15/technology/companies/15sun.htm">massive layoffs</a> of up to 6,000 employees, or 18% of the company. The financial crisis has <a href="http://blogs.wsj.com/biztech/2008/12/03/the-server-story-is-not-pretty/">slammed the server business</a>, especially Sun, which relies heavily on Wall Street spending. </p> <p>Along with losing market share to competitors IBM and Hewlett-Packard, Sun also embarked on a risky move to promote its free open-source software strategy and sell services to support it. The company <a href="http://news.cnet.com/8301-10784_3-9851644-7.html">bought open-source firm MySQ</a>L last year for $1 billion. </p> <p>Under Schwartz's watch, Sun's stock-market value is worth <a href="http://finance.yahoo.com/q?s=JAVA">$2.9 billion</a>, making it less than <a href="http://bits.blogs.nytimes.com/2008/10/09/sun-microsystems-a-lesson-in-failed-cosmetic-surgery/?scp=4&sq=sun%20microsystems%20and%20jonathan%20schwartz&st=Search">the company's cash reserves of $3.1 billion</a> as of Sept. 30. In other words, investors believe that aside from its cash, the company is essentially worthless. </p> <p><a href="http://www.glassdoor.com/Reviews/Sun-Microsystems-Reviews-E1924.htm">Schwartz's approval rating</a> ranks as one of the lowest at 25% on Glassdoor. On the plus side, at least his troops are happier with him than eBay's employees are with <a href="http://www.glassdoor.com/Reviews/eBay-Reviews-E7853.htm">John Donahoe</a>. </p> <p><b>Prediction: Sun Microsystems announces by April 30, 2009 that Jonathan Schwartz will step down as CEO.</b> For clarification, an announcement that Schwartz will no longer be CEO will be sufficient for a favorable judgment. </p> <p>Image: <a href="http://www.sun.com/aboutsun/executives/schwartz/bio.jsp">Sun Microsystems </a></p> http://www.thestandard.com/predictions/sun-microsystems-ceo-jonathan-schwartz-steps-down-april-30-2009#comments Business & Finance Cisco co: Sun Microsystems dell HP IBM LAN Microsoft people: jonathan schwartz Servers Virtualization vmware Mon, 26 Jan 2009 19:07:21 -0500 Yi-Wyn Yen 125041 at http://www.thestandard.com Sun Microsystems CEO Jonathan Schwartz steps down? http://www.thestandard.com/predictions/sun-microsystems-ceo-jonathan-schwartz-steps-down-april-30-2009 <p> <p> </p> <p>Sun Microsystems chief executive <a href="http://www.sun.com/aboutsun/executives/schwartz/bio.jsp">Jonathan Schwartz</a> is on shaky ground. In November, Sun announced <a href="http://www.nytimes.com/2008/11/15/technology/companies/15sun.htm">massive layoffs</a> of up to 6,000 employees, or 18% of the company. The financial crisis has <a href="http://blogs.wsj.com/biztech/2008/12/03/the-server-story-is-not-pretty/">slammed the server business</a>, especially Sun, which relies heavily on Wall Street spending. </p> <p>Along with losing market share to competitors IBM and Hewlett-Packard, Sun also embarked on a risky move to promote its free open-source software strategy and sell services to support it. The company <a href="http://news.cnet.com/8301-10784_3-9851644-7.html">bought open-source firm MySQ</a>L last year for $1 billion. </p> <p>Under Schwartz's watch, Sun's stock-market value is worth <a href="http://finance.yahoo.com/q?s=JAVA">$2.9 billion</a>, making it less than <a href="http://bits.blogs.nytimes.com/2008/10/09/sun-microsystems-a-lesson-in-failed-cosmetic-surgery/?scp=4&sq=sun%20microsystems%20and%20jonathan%20schwartz&st=Search">the company's cash reserves of $3.1 billion</a> as of Sept. 30. In other words, investors believe that aside from its cash, the company is essentially worthless. </p> <p><a href="http://www.glassdoor.com/Reviews/Sun-Microsystems-Reviews-E1924.htm">Schwartz's approval rating</a> ranks as one of the lowest at 25% on Glassdoor. On the plus side, at least his troops are happier with him than eBay's employees are with <a href="http://www.glassdoor.com/Reviews/eBay-Reviews-E7853.htm">John Donahoe</a>. </p> <p><b>Prediction: Sun Microsystems announces by April 30, 2009 that Jonathan Schwartz will step down as CEO.</b> For clarification, an announcement that Schwartz will no longer be CEO will be sufficient for a favorable judgment. </p> <p>Image: <a href="http://www.sun.com/aboutsun/executives/schwartz/bio.jsp">Sun Microsystems </a></p> http://www.thestandard.com/predictions/sun-microsystems-ceo-jonathan-schwartz-steps-down-april-30-2009#comments Business & Finance Cisco co: Sun Microsystems dell HP IBM LAN Microsoft people: jonathan schwartz Servers Virtualization vmware Mon, 26 Jan 2009 19:07:21 -0500 Yi-Wyn Yen 125041 at http://www.thestandard.com Sun Microsystems CEO Jonathan Schwartz steps down? http://www.thestandard.com/predictions/sun-microsystems-ceo-jonathan-schwartz-steps-down-april-30-2009 <p> <p> </p> <p>Sun Microsystems chief executive <a href="http://www.sun.com/aboutsun/executives/schwartz/bio.jsp">Jonathan Schwartz</a> is on shaky ground. In November, Sun announced <a href="http://www.nytimes.com/2008/11/15/technology/companies/15sun.htm">massive layoffs</a> of up to 6,000 employees, or 18% of the company. The financial crisis has <a href="http://blogs.wsj.com/biztech/2008/12/03/the-server-story-is-not-pretty/">slammed the server business</a>, especially Sun, which relies heavily on Wall Street spending. </p> <p>Along with losing market share to competitors IBM and Hewlett-Packard, Sun also embarked on a risky move to promote its free open-source software strategy and sell services to support it. The company <a href="http://news.cnet.com/8301-10784_3-9851644-7.html">bought open-source firm MySQ</a>L last year for $1 billion. </p> <p>Under Schwartz's watch, Sun's stock-market value is worth <a href="http://finance.yahoo.com/q?s=JAVA">$2.9 billion</a>, making it less than <a href="http://bits.blogs.nytimes.com/2008/10/09/sun-microsystems-a-lesson-in-failed-cosmetic-surgery/?scp=4&sq=sun%20microsystems%20and%20jonathan%20schwartz&st=Search">the company's cash reserves of $3.1 billion</a> as of Sept. 30. In other words, investors believe that aside from its cash, the company is essentially worthless. </p> <p><a href="http://www.glassdoor.com/Reviews/Sun-Microsystems-Reviews-E1924.htm">Schwartz's approval rating</a> ranks as one of the lowest at 25% on Glassdoor. On the plus side, at least his troops are happier with him than eBay's employees are with <a href="http://www.glassdoor.com/Reviews/eBay-Reviews-E7853.htm">John Donahoe</a>. </p> <p><b>Prediction: Sun Microsystems announces by April 30, 2009 that Jonathan Schwartz will step down as CEO.</b> For clarification, an announcement that Schwartz will no longer be CEO will be sufficient for a favorable judgment. </p> <p>Image: <a href="http://www.sun.com/aboutsun/executives/schwartz/bio.jsp">Sun Microsystems </a></p> http://www.thestandard.com/predictions/sun-microsystems-ceo-jonathan-schwartz-steps-down-april-30-2009#comments Business & Finance Cisco co: Sun Microsystems dell HP IBM LAN Microsoft people: jonathan schwartz Servers Virtualization vmware Mon, 26 Jan 2009 19:07:21 -0500 Yi-Wyn Yen 125041 at http://www.thestandard.com Sun Microsystems CEO Jonathan Schwartz steps down? http://www.thestandard.com/predictions/sun-microsystems-ceo-jonathan-schwartz-steps-down-april-30-2009 <p> <p> </p> <p>Sun Microsystems chief executive <a href="http://www.sun.com/aboutsun/executives/schwartz/bio.jsp">Jonathan Schwartz</a> is on shaky ground. In November, Sun announced <a href="http://www.nytimes.com/2008/11/15/technology/companies/15sun.htm">massive layoffs</a> of up to 6,000 employees, or 18% of the company. The financial crisis has <a href="http://blogs.wsj.com/biztech/2008/12/03/the-server-story-is-not-pretty/">slammed the server business</a>, especially Sun, which relies heavily on Wall Street spending. </p> <p>Along with losing market share to competitors IBM and Hewlett-Packard, Sun also embarked on a risky move to promote its free open-source software strategy and sell services to support it. The company <a href="http://news.cnet.com/8301-10784_3-9851644-7.html">bought open-source firm MySQ</a>L last year for $1 billion. </p> <p>Under Schwartz's watch, Sun's stock-market value is worth <a href="http://finance.yahoo.com/q?s=JAVA">$2.9 billion</a>, making it less than <a href="http://bits.blogs.nytimes.com/2008/10/09/sun-microsystems-a-lesson-in-failed-cosmetic-surgery/?scp=4&sq=sun%20microsystems%20and%20jonathan%20schwartz&st=Search">the company's cash reserves of $3.1 billion</a> as of Sept. 30. In other words, investors believe that aside from its cash, the company is essentially worthless. </p> <p><a href="http://www.glassdoor.com/Reviews/Sun-Microsystems-Reviews-E1924.htm">Schwartz's approval rating</a> ranks as one of the lowest at 25% on Glassdoor. On the plus side, at least his troops are happier with him than eBay's employees are with <a href="http://www.glassdoor.com/Reviews/eBay-Reviews-E7853.htm">John Donahoe</a>. </p> <p><b>Prediction: Sun Microsystems announces by April 30, 2009 that Jonathan Schwartz will step down as CEO.</b> For clarification, an announcement that Schwartz will no longer be CEO will be sufficient for a favorable judgment. </p> <p>Image: <a href="http://www.sun.com/aboutsun/executives/schwartz/bio.jsp">Sun Microsystems </a></p> http://www.thestandard.com/predictions/sun-microsystems-ceo-jonathan-schwartz-steps-down-april-30-2009#comments Business & Finance Cisco co: Sun Microsystems dell HP IBM LAN Microsoft people: jonathan schwartz Servers Virtualization vmware Mon, 26 Jan 2009 19:07:21 -0500 Yi-Wyn Yen 125041 at http://www.thestandard.com Sun Microsystems CEO Jonathan Schwartz steps down? http://www.thestandard.com/predictions/sun-microsystems-ceo-jonathan-schwartz-steps-down-april-30-2009 <p> <p> </p> <p>Sun Microsystems chief executive <a href="http://www.sun.com/aboutsun/executives/schwartz/bio.jsp">Jonathan Schwartz</a> is on shaky ground. In November, Sun announced <a href="http://www.nytimes.com/2008/11/15/technology/companies/15sun.htm">massive layoffs</a> of up to 6,000 employees, or 18% of the company. The financial crisis has <a href="http://blogs.wsj.com/biztech/2008/12/03/the-server-story-is-not-pretty/">slammed the server business</a>, especially Sun, which relies heavily on Wall Street spending. </p> <p>Along with losing market share to competitors IBM and Hewlett-Packard, Sun also embarked on a risky move to promote its free open-source software strategy and sell services to support it. The company <a href="http://news.cnet.com/8301-10784_3-9851644-7.html">bought open-source firm MySQ</a>L last year for $1 billion. </p> <p>Under Schwartz's watch, Sun's stock-market value is worth <a href="http://finance.yahoo.com/q?s=JAVA">$2.9 billion</a>, making it less than <a href="http://bits.blogs.nytimes.com/2008/10/09/sun-microsystems-a-lesson-in-failed-cosmetic-surgery/?scp=4&sq=sun%20microsystems%20and%20jonathan%20schwartz&st=Search">the company's cash reserves of $3.1 billion</a> as of Sept. 30. In other words, investors believe that aside from its cash, the company is essentially worthless. </p> <p><a href="http://www.glassdoor.com/Reviews/Sun-Microsystems-Reviews-E1924.htm">Schwartz's approval rating</a> ranks as one of the lowest at 25% on Glassdoor. On the plus side, at least his troops are happier with him than eBay's employees are with <a href="http://www.glassdoor.com/Reviews/eBay-Reviews-E7853.htm">John Donahoe</a>. </p> <p><b>Prediction: Sun Microsystems announces by April 30, 2009 that Jonathan Schwartz will step down as CEO.</b> For clarification, an announcement that Schwartz will no longer be CEO will be sufficient for a favorable judgment. </p> <p>Image: <a href="http://www.sun.com/aboutsun/executives/schwartz/bio.jsp">Sun Microsystems </a></p> http://www.thestandard.com/predictions/sun-microsystems-ceo-jonathan-schwartz-steps-down-april-30-2009#comments Business & Finance Cisco co: Sun Microsystems dell HP IBM LAN Microsoft people: jonathan schwartz Servers Virtualization vmware Mon, 26 Jan 2009 19:07:21 -0500 Yi-Wyn Yen 125041 at http://www.thestandard.com Sun Microsystems CEO Jonathan Schwartz steps down? http://www.thestandard.com/predictions/sun-microsystems-ceo-jonathan-schwartz-steps-down-april-30-2009 <p> <p> </p> <p>Sun Microsystems chief executive <a href="http://www.sun.com/aboutsun/executives/schwartz/bio.jsp">Jonathan Schwartz</a> is on shaky ground. In November, Sun announced <a href="http://www.nytimes.com/2008/11/15/technology/companies/15sun.htm">massive layoffs</a> of up to 6,000 employees, or 18% of the company. The financial crisis has <a href="http://blogs.wsj.com/biztech/2008/12/03/the-server-story-is-not-pretty/">slammed the server business</a>, especially Sun, which relies heavily on Wall Street spending. </p> <p>Along with losing market share to competitors IBM and Hewlett-Packard, Sun also embarked on a risky move to promote its free open-source software strategy and sell services to support it. The company <a href="http://news.cnet.com/8301-10784_3-9851644-7.html">bought open-source firm MySQ</a>L last year for $1 billion. </p> <p>Under Schwartz's watch, Sun's stock-market value is worth <a href="http://finance.yahoo.com/q?s=JAVA">$2.9 billion</a>, making it less than <a href="http://bits.blogs.nytimes.com/2008/10/09/sun-microsystems-a-lesson-in-failed-cosmetic-surgery/?scp=4&sq=sun%20microsystems%20and%20jonathan%20schwartz&st=Search">the company's cash reserves of $3.1 billion</a> as of Sept. 30. In other words, investors believe that aside from its cash, the company is essentially worthless. </p> <p><a href="http://www.glassdoor.com/Reviews/Sun-Microsystems-Reviews-E1924.htm">Schwartz's approval rating</a> ranks as one of the lowest at 25% on Glassdoor. On the plus side, at least his troops are happier with him than eBay's employees are with <a href="http://www.glassdoor.com/Reviews/eBay-Reviews-E7853.htm">John Donahoe</a>. </p> <p><b>Prediction: Sun Microsystems announces by April 30, 2009 that Jonathan Schwartz will step down as CEO.</b> For clarification, an announcement that Schwartz will no longer be CEO will be sufficient for a favorable judgment. </p> <p>Image: <a href="http://www.sun.com/aboutsun/executives/schwartz/bio.jsp">Sun Microsystems </a></p> http://www.thestandard.com/predictions/sun-microsystems-ceo-jonathan-schwartz-steps-down-april-30-2009#comments Business & Finance Cisco co: Sun Microsystems dell HP IBM LAN Microsoft people: jonathan schwartz Servers Virtualization vmware Mon, 26 Jan 2009 19:07:21 -0500 Yi-Wyn Yen 125041 at http://www.thestandard.com Sun Microsystems CEO Jonathan Schwartz steps down? http://www.thestandard.com/predictions/sun-microsystems-ceo-jonathan-schwartz-steps-down-april-30-2009 <p> <p> </p> <p>Sun Microsystems chief executive <a href="http://www.sun.com/aboutsun/executives/schwartz/bio.jsp">Jonathan Schwartz</a> is on shaky ground. In November, Sun announced <a href="http://www.nytimes.com/2008/11/15/technology/companies/15sun.htm">massive layoffs</a> of up to 6,000 employees, or 18% of the company. The financial crisis has <a href="http://blogs.wsj.com/biztech/2008/12/03/the-server-story-is-not-pretty/">slammed the server business</a>, especially Sun, which relies heavily on Wall Street spending. </p> <p>Along with losing market share to competitors IBM and Hewlett-Packard, Sun also embarked on a risky move to promote its free open-source software strategy and sell services to support it. The company <a href="http://news.cnet.com/8301-10784_3-9851644-7.html">bought open-source firm MySQ</a>L last year for $1 billion. </p> <p>Under Schwartz's watch, Sun's stock-market value is worth <a href="http://finance.yahoo.com/q?s=JAVA">$2.9 billion</a>, making it less than <a href="http://bits.blogs.nytimes.com/2008/10/09/sun-microsystems-a-lesson-in-failed-cosmetic-surgery/?scp=4&sq=sun%20microsystems%20and%20jonathan%20schwartz&st=Search">the company's cash reserves of $3.1 billion</a> as of Sept. 30. In other words, investors believe that aside from its cash, the company is essentially worthless. </p> <p><a href="http://www.glassdoor.com/Reviews/Sun-Microsystems-Reviews-E1924.htm">Schwartz's approval rating</a> ranks as one of the lowest at 25% on Glassdoor. On the plus side, at least his troops are happier with him than eBay's employees are with <a href="http://www.glassdoor.com/Reviews/eBay-Reviews-E7853.htm">John Donahoe</a>. </p> <p><b>Prediction: Sun Microsystems announces by April 30, 2009 that Jonathan Schwartz will step down as CEO.</b> For clarification, an announcement that Schwartz will no longer be CEO will be sufficient for a favorable judgment. </p> <p>Image: <a href="http://www.sun.com/aboutsun/executives/schwartz/bio.jsp">Sun Microsystems </a></p> http://www.thestandard.com/predictions/sun-microsystems-ceo-jonathan-schwartz-steps-down-april-30-2009#comments Business & Finance Cisco co: Sun Microsystems dell HP IBM LAN Microsoft people: jonathan schwartz Servers Virtualization vmware Mon, 26 Jan 2009 19:07:21 -0500 Yi-Wyn Yen 125041 at http://www.thestandard.com Sun Microsystems CEO Jonathan Schwartz steps down? http://www.thestandard.com/predictions/sun-microsystems-ceo-jonathan-schwartz-steps-down-april-30-2009 <p> <p> </p> <p>Sun Microsystems chief executive <a href="http://www.sun.com/aboutsun/executives/schwartz/bio.jsp">Jonathan Schwartz</a> is on shaky ground. In November, Sun announced <a href="http://www.nytimes.com/2008/11/15/technology/companies/15sun.htm">massive layoffs</a> of up to 6,000 employees, or 18% of the company. The financial crisis has <a href="http://blogs.wsj.com/biztech/2008/12/03/the-server-story-is-not-pretty/">slammed the server business</a>, especially Sun, which relies heavily on Wall Street spending. </p> <p>Along with losing market share to competitors IBM and Hewlett-Packard, Sun also embarked on a risky move to promote its free open-source software strategy and sell services to support it. The company <a href="http://news.cnet.com/8301-10784_3-9851644-7.html">bought open-source firm MySQ</a>L last year for $1 billion. </p> <p>Under Schwartz's watch, Sun's stock-market value is worth <a href="http://finance.yahoo.com/q?s=JAVA">$2.9 billion</a>, making it less than <a href="http://bits.blogs.nytimes.com/2008/10/09/sun-microsystems-a-lesson-in-failed-cosmetic-surgery/?scp=4&sq=sun%20microsystems%20and%20jonathan%20schwartz&st=Search">the company's cash reserves of $3.1 billion</a> as of Sept. 30. In other words, investors believe that aside from its cash, the company is essentially worthless. </p> <p><a href="http://www.glassdoor.com/Reviews/Sun-Microsystems-Reviews-E1924.htm">Schwartz's approval rating</a> ranks as one of the lowest at 25% on Glassdoor. On the plus side, at least his troops are happier with him than eBay's employees are with <a href="http://www.glassdoor.com/Reviews/eBay-Reviews-E7853.htm">John Donahoe</a>. </p> <p><b>Prediction: Sun Microsystems announces by April 30, 2009 that Jonathan Schwartz will step down as CEO.</b> For clarification, an announcement that Schwartz will no longer be CEO will be sufficient for a favorable judgment. </p> <p>Image: <a href="http://www.sun.com/aboutsun/executives/schwartz/bio.jsp">Sun Microsystems </a></p> http://www.thestandard.com/predictions/sun-microsystems-ceo-jonathan-schwartz-steps-down-april-30-2009#comments Business & Finance Cisco co: Sun Microsystems dell HP IBM LAN Microsoft people: jonathan schwartz Servers Virtualization vmware Mon, 26 Jan 2009 19:07:21 -0500 Yi-Wyn Yen 125041 at http://www.thestandard.com Sun Microsystems CEO Jonathan Schwartz steps down? http://www.thestandard.com/predictions/sun-microsystems-ceo-jonathan-schwartz-steps-down-april-30-2009 <p> <p> </p> <p>Sun Microsystems chief executive <a href="http://www.sun.com/aboutsun/executives/schwartz/bio.jsp">Jonathan Schwartz</a> is on shaky ground. In November, Sun announced <a href="http://www.nytimes.com/2008/11/15/technology/companies/15sun.htm">massive layoffs</a> of up to 6,000 employees, or 18% of the company. The financial crisis has <a href="http://blogs.wsj.com/biztech/2008/12/03/the-server-story-is-not-pretty/">slammed the server business</a>, especially Sun, which relies heavily on Wall Street spending. </p> <p>Along with losing market share to competitors IBM and Hewlett-Packard, Sun also embarked on a risky move to promote its free open-source software strategy and sell services to support it. The company <a href="http://news.cnet.com/8301-10784_3-9851644-7.html">bought open-source firm MySQ</a>L last year for $1 billion. </p> <p>Under Schwartz's watch, Sun's stock-market value is worth <a href="http://finance.yahoo.com/q?s=JAVA">$2.9 billion</a>, making it less than <a href="http://bits.blogs.nytimes.com/2008/10/09/sun-microsystems-a-lesson-in-failed-cosmetic-surgery/?scp=4&sq=sun%20microsystems%20and%20jonathan%20schwartz&st=Search">the company's cash reserves of $3.1 billion</a> as of Sept. 30. In other words, investors believe that aside from its cash, the company is essentially worthless. </p> <p><a href="http://www.glassdoor.com/Reviews/Sun-Microsystems-Reviews-E1924.htm">Schwartz's approval rating</a> ranks as one of the lowest at 25% on Glassdoor. On the plus side, at least his troops are happier with him than eBay's employees are with <a href="http://www.glassdoor.com/Reviews/eBay-Reviews-E7853.htm">John Donahoe</a>. </p> <p><b>Prediction: Sun Microsystems announces by April 30, 2009 that Jonathan Schwartz will step down as CEO.</b> For clarification, an announcement that Schwartz will no longer be CEO will be sufficient for a favorable judgment. </p> <p>Image: <a href="http://www.sun.com/aboutsun/executives/schwartz/bio.jsp">Sun Microsystems </a></p> http://www.thestandard.com/predictions/sun-microsystems-ceo-jonathan-schwartz-steps-down-april-30-2009#comments Business & Finance Cisco co: Sun Microsystems dell HP IBM LAN Microsoft people: jonathan schwartz Servers Virtualization vmware Mon, 26 Jan 2009 19:07:21 -0500 Yi-Wyn Yen 125041 at http://www.thestandard.com Sun Microsystems CEO Jonathan Schwartz steps down? http://www.thestandard.com/predictions/sun-microsystems-ceo-jonathan-schwartz-steps-down-april-30-2009 <p> <p> </p> <p>Sun Microsystems chief executive <a href="http://www.sun.com/aboutsun/executives/schwartz/bio.jsp">Jonathan Schwartz</a> is on shaky ground. In November, Sun announced <a href="http://www.nytimes.com/2008/11/15/technology/companies/15sun.htm">massive layoffs</a> of up to 6,000 employees, or 18% of the company. The financial crisis has <a href="http://blogs.wsj.com/biztech/2008/12/03/the-server-story-is-not-pretty/">slammed the server business</a>, especially Sun, which relies heavily on Wall Street spending. </p> <p>Along with losing market share to competitors IBM and Hewlett-Packard, Sun also embarked on a risky move to promote its free open-source software strategy and sell services to support it. The company <a href="http://news.cnet.com/8301-10784_3-9851644-7.html">bought open-source firm MySQ</a>L last year for $1 billion. </p> <p>Under Schwartz's watch, Sun's stock-market value is worth <a href="http://finance.yahoo.com/q?s=JAVA">$2.9 billion</a>, making it less than <a href="http://bits.blogs.nytimes.com/2008/10/09/sun-microsystems-a-lesson-in-failed-cosmetic-surgery/?scp=4&sq=sun%20microsystems%20and%20jonathan%20schwartz&st=Search">the company's cash reserves of $3.1 billion</a> as of Sept. 30. In other words, investors believe that aside from its cash, the company is essentially worthless. </p> <p><a href="http://www.glassdoor.com/Reviews/Sun-Microsystems-Reviews-E1924.htm">Schwartz's approval rating</a> ranks as one of the lowest at 25% on Glassdoor. On the plus side, at least his troops are happier with him than eBay's employees are with <a href="http://www.glassdoor.com/Reviews/eBay-Reviews-E7853.htm">John Donahoe</a>. </p> <p><b>Prediction: Sun Microsystems announces by April 30, 2009 that Jonathan Schwartz will step down as CEO.</b> For clarification, an announcement that Schwartz will no longer be CEO will be sufficient for a favorable judgment. </p> <p>Image: <a href="http://www.sun.com/aboutsun/executives/schwartz/bio.jsp">Sun Microsystems </a></p> http://www.thestandard.com/predictions/sun-microsystems-ceo-jonathan-schwartz-steps-down-april-30-2009#comments Business & Finance Cisco co: Sun Microsystems dell HP IBM LAN Microsoft people: jonathan schwartz Servers Virtualization vmware Mon, 26 Jan 2009 19:07:21 -0500 Yi-Wyn Yen 125041 at http://www.thestandard.com Sun Microsystems CEO Jonathan Schwartz steps down? http://www.thestandard.com/predictions/sun-microsystems-ceo-jonathan-schwartz-steps-down-april-30-2009 <p> <p> </p> <p>Sun Microsystems chief executive <a href="http://www.sun.com/aboutsun/executives/schwartz/bio.jsp">Jonathan Schwartz</a> is on shaky ground. In November, Sun announced <a href="http://www.nytimes.com/2008/11/15/technology/companies/15sun.htm">massive layoffs</a> of up to 6,000 employees, or 18% of the company. The financial crisis has <a href="http://blogs.wsj.com/biztech/2008/12/03/the-server-story-is-not-pretty/">slammed the server business</a>, especially Sun, which relies heavily on Wall Street spending. </p> <p>Along with losing market share to competitors IBM and Hewlett-Packard, Sun also embarked on a risky move to promote its free open-source software strategy and sell services to support it. The company <a href="http://news.cnet.com/8301-10784_3-9851644-7.html">bought open-source firm MySQ</a>L last year for $1 billion. </p> <p>Under Schwartz's watch, Sun's stock-market value is worth <a href="http://finance.yahoo.com/q?s=JAVA">$2.9 billion</a>, making it less than <a href="http://bits.blogs.nytimes.com/2008/10/09/sun-microsystems-a-lesson-in-failed-cosmetic-surgery/?scp=4&sq=sun%20microsystems%20and%20jonathan%20schwartz&st=Search">the company's cash reserves of $3.1 billion</a> as of Sept. 30. In other words, investors believe that aside from its cash, the company is essentially worthless. </p> <p><a href="http://www.glassdoor.com/Reviews/Sun-Microsystems-Reviews-E1924.htm">Schwartz's approval rating</a> ranks as one of the lowest at 25% on Glassdoor. On the plus side, at least his troops are happier with him than eBay's employees are with <a href="http://www.glassdoor.com/Reviews/eBay-Reviews-E7853.htm">John Donahoe</a>. </p> <p><b>Prediction: Sun Microsystems announces by April 30, 2009 that Jonathan Schwartz will step down as CEO.</b> For clarification, an announcement that Schwartz will no longer be CEO will be sufficient for a favorable judgment. </p> <p>Image: <a href="http://www.sun.com/aboutsun/executives/schwartz/bio.jsp">Sun Microsystems </a></p> http://www.thestandard.com/predictions/sun-microsystems-ceo-jonathan-schwartz-steps-down-april-30-2009#comments Business & Finance Cisco co: Sun Microsystems dell HP IBM LAN Microsoft people: jonathan schwartz Servers Virtualization vmware Mon, 26 Jan 2009 19:07:21 -0500 Yi-Wyn Yen 125041 at http://www.thestandard.com Sun Microsystems CEO Jonathan Schwartz steps down? http://www.thestandard.com/predictions/sun-microsystems-ceo-jonathan-schwartz-steps-down-april-30-2009 <p> <p> </p> <p>Sun Microsystems chief executive <a href="http://www.sun.com/aboutsun/executives/schwartz/bio.jsp">Jonathan Schwartz</a> is on shaky ground. In November, Sun announced <a href="http://www.nytimes.com/2008/11/15/technology/companies/15sun.htm">massive layoffs</a> of up to 6,000 employees, or 18% of the company. The financial crisis has <a href="http://blogs.wsj.com/biztech/2008/12/03/the-server-story-is-not-pretty/">slammed the server business</a>, especially Sun, which relies heavily on Wall Street spending. </p> <p>Along with losing market share to competitors IBM and Hewlett-Packard, Sun also embarked on a risky move to promote its free open-source software strategy and sell services to support it. The company <a href="http://news.cnet.com/8301-10784_3-9851644-7.html">bought open-source firm MySQ</a>L last year for $1 billion. </p> <p>Under Schwartz's watch, Sun's stock-market value is worth <a href="http://finance.yahoo.com/q?s=JAVA">$2.9 billion</a>, making it less than <a href="http://bits.blogs.nytimes.com/2008/10/09/sun-microsystems-a-lesson-in-failed-cosmetic-surgery/?scp=4&sq=sun%20microsystems%20and%20jonathan%20schwartz&st=Search">the company's cash reserves of $3.1 billion</a> as of Sept. 30. In other words, investors believe that aside from its cash, the company is essentially worthless. </p> <p><a href="http://www.glassdoor.com/Reviews/Sun-Microsystems-Reviews-E1924.htm">Schwartz's approval rating</a> ranks as one of the lowest at 25% on Glassdoor. On the plus side, at least his troops are happier with him than eBay's employees are with <a href="http://www.glassdoor.com/Reviews/eBay-Reviews-E7853.htm">John Donahoe</a>. </p> <p><b>Prediction: Sun Microsystems announces by April 30, 2009 that Jonathan Schwartz will step down as CEO.</b> For clarification, an announcement that Schwartz will no longer be CEO will be sufficient for a favorable judgment. </p> <p>Image: <a href="http://www.sun.com/aboutsun/executives/schwartz/bio.jsp">Sun Microsystems </a></p> http://www.thestandard.com/predictions/sun-microsystems-ceo-jonathan-schwartz-steps-down-april-30-2009#comments Business & Finance Cisco co: Sun Microsystems dell HP IBM LAN Microsoft people: jonathan schwartz Servers Virtualization vmware Mon, 26 Jan 2009 19:07:21 -0500 Yi-Wyn Yen 125041 at http://www.thestandard.com Sun Microsystems CEO Jonathan Schwartz steps down? http://www.thestandard.com/predictions/sun-microsystems-ceo-jonathan-schwartz-steps-down-april-30-2009 <p> <p> </p> <p>Sun Microsystems chief executive <a href="http://www.sun.com/aboutsun/executives/schwartz/bio.jsp">Jonathan Schwartz</a> is on shaky ground. In November, Sun announced <a href="http://www.nytimes.com/2008/11/15/technology/companies/15sun.htm">massive layoffs</a> of up to 6,000 employees, or 18% of the company. The financial crisis has <a href="http://blogs.wsj.com/biztech/2008/12/03/the-server-story-is-not-pretty/">slammed the server business</a>, especially Sun, which relies heavily on Wall Street spending. </p> <p>Along with losing market share to competitors IBM and Hewlett-Packard, Sun also embarked on a risky move to promote its free open-source software strategy and sell services to support it. The company <a href="http://news.cnet.com/8301-10784_3-9851644-7.html">bought open-source firm MySQ</a>L last year for $1 billion. </p> <p>Under Schwartz's watch, Sun's stock-market value is worth <a href="http://finance.yahoo.com/q?s=JAVA">$2.9 billion</a>, making it less than <a href="http://bits.blogs.nytimes.com/2008/10/09/sun-microsystems-a-lesson-in-failed-cosmetic-surgery/?scp=4&sq=sun%20microsystems%20and%20jonathan%20schwartz&st=Search">the company's cash reserves of $3.1 billion</a> as of Sept. 30. In other words, investors believe that aside from its cash, the company is essentially worthless. </p> <p><a href="http://www.glassdoor.com/Reviews/Sun-Microsystems-Reviews-E1924.htm">Schwartz's approval rating</a> ranks as one of the lowest at 25% on Glassdoor. On the plus side, at least his troops are happier with him than eBay's employees are with <a href="http://www.glassdoor.com/Reviews/eBay-Reviews-E7853.htm">John Donahoe</a>. </p> <p><b>Prediction: Sun Microsystems announces by April 30, 2009 that Jonathan Schwartz will step down as CEO.</b> For clarification, an announcement that Schwartz will no longer be CEO will be sufficient for a favorable judgment. </p> <p>Image: <a href="http://www.sun.com/aboutsun/executives/schwartz/bio.jsp">Sun Microsystems </a></p> http://www.thestandard.com/predictions/sun-microsystems-ceo-jonathan-schwartz-steps-down-april-30-2009#comments Business & Finance Cisco co: Sun Microsystems dell HP IBM LAN Microsoft people: jonathan schwartz Servers Virtualization vmware Mon, 26 Jan 2009 19:07:21 -0500 Yi-Wyn Yen 125041 at http://www.thestandard.com Sun Microsystems CEO Jonathan Schwartz steps down? http://www.thestandard.com/predictions/sun-microsystems-ceo-jonathan-schwartz-steps-down-april-30-2009 <p> <p> </p> <p>Sun Microsystems chief executive <a href="http://www.sun.com/aboutsun/executives/schwartz/bio.jsp">Jonathan Schwartz</a> is on shaky ground. In November, Sun announced <a href="http://www.nytimes.com/2008/11/15/technology/companies/15sun.htm">massive layoffs</a> of up to 6,000 employees, or 18% of the company. The financial crisis has <a href="http://blogs.wsj.com/biztech/2008/12/03/the-server-story-is-not-pretty/">slammed the server business</a>, especially Sun, which relies heavily on Wall Street spending. </p> <p>Along with losing market share to competitors IBM and Hewlett-Packard, Sun also embarked on a risky move to promote its free open-source software strategy and sell services to support it. The company <a href="http://news.cnet.com/8301-10784_3-9851644-7.html">bought open-source firm MySQ</a>L last year for $1 billion. </p> <p>Under Schwartz's watch, Sun's stock-market value is worth <a href="http://finance.yahoo.com/q?s=JAVA">$2.9 billion</a>, making it less than <a href="http://bits.blogs.nytimes.com/2008/10/09/sun-microsystems-a-lesson-in-failed-cosmetic-surgery/?scp=4&sq=sun%20microsystems%20and%20jonathan%20schwartz&st=Search">the company's cash reserves of $3.1 billion</a> as of Sept. 30. In other words, investors believe that aside from its cash, the company is essentially worthless. </p> <p><a href="http://www.glassdoor.com/Reviews/Sun-Microsystems-Reviews-E1924.htm">Schwartz's approval rating</a> ranks as one of the lowest at 25% on Glassdoor. On the plus side, at least his troops are happier with him than eBay's employees are with <a href="http://www.glassdoor.com/Reviews/eBay-Reviews-E7853.htm">John Donahoe</a>. </p> <p><b>Prediction: Sun Microsystems announces by April 30, 2009 that Jonathan Schwartz will step down as CEO.</b> For clarification, an announcement that Schwartz will no longer be CEO will be sufficient for a favorable judgment. </p> <p>Image: <a href="http://www.sun.com/aboutsun/executives/schwartz/bio.jsp">Sun Microsystems </a></p> http://www.thestandard.com/predictions/sun-microsystems-ceo-jonathan-schwartz-steps-down-april-30-2009#comments Business & Finance Cisco co: Sun Microsystems dell HP IBM LAN Microsoft people: jonathan schwartz Servers Virtualization vmware Mon, 26 Jan 2009 19:07:21 -0500 Yi-Wyn Yen 125041 at http://www.thestandard.com