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Pillar Data Systems, a San Jose storage company backed by billionaire Larry Ellison, terminated 150 employees today, about 30% of it’s global workforce.

Pillar is making these personnel cutbacks “to weather the storm,” company spokesman Chris Drago said. Ellison did not “mandate” the layoffs but supported the decision, Drago said: “Larry’s fully committed to Pillar and he believes this is the right thing to do.”

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  • Richard

    Why does it take 500 people to do this ?
    I wonder what they have spent to date….. is this another SV storage 'black hole' ?

    If Larry is so 'fully committed' he should not be playing around with overpriced solutions from HP and NetApp …. but then its his money.

  • Richard

    Why does it take 500 people to do this ?
    I wonder what they have spent to date….. is this another SV storage 'black hole' ?

    If Larry is so 'fully committed' he should not be playing around with overpriced solutions from HP and NetApp …. but then its his money.