Oracle is making further job cuts related to its acquisition of Sun Microsystems, primarily in Europe and Asia, the company said in a regulatory filing Friday.

Oracle said it will book up to U.S.$825 million in additional charges for the acquisition this calendar year, including $550 million to $650 million primarily for severance payments.
It didn't say how many jobs it plans to cut, and an Oracle spokeswoman said the company had no comment beyond what is in the filing. Oracle said it began notifying affected employees on May 28. The cuts will eliminate redundancies and improve efficiencies, Oracle said.
Sun had already been cutting jobs before Oracle acquired the company earlier this year, and some analysts have predicted further deep cuts by Oracle. At least one analyst predicted that Oracle would lay off half of Sun's workforce to get the company back to profit.
(Source: Bloomberg)