The maker of servers and business software wrote down the value of the company due to the slow economy and the huge decline in its stock price.
Up to 3,000 to be more exact, according to a regulatory filing that was made public Tuesday. It was not immediately clear how many of the layoffs have already happened, and how many are still pending.
Redwood Shores-based Oracle agreed to pay $7.4 billion back in April. The layoffs will come over the next year as Sun awaits that takeover bid. The deal is being held up by European antitrust authorities. The sticking point is a concerned about possible harm to the database software market.
They are the latest in a series of job cuts for Sun.
An Oracle executive told gathered financial analysts last week that Oracle expects "very, very quick changes right out of the box" once the deal is done.