Oracle Announces 5,000 Job Cuts

Tuesday Jan 18th 2005 by DatabaseJournal.com Staff
Share:

UPDATED: A chapter in PeopleSoft's history is closing as Oracle moves forward with its takeover and layoff plans.

[From internetnew.com]

UPDATED: A chapter in PeopleSoft's history is closing as Oracle moves forward with its takeover and layoff plans. Workers expect pink slips tucked in FedEx boxes to arrive on their doorsteps this weekend.

Some 5,000 Oracle (Quote, Chart) employees (including former PeopleSoft employees) will be let go, according to a company official. Some received notices today, but it could take 10 days until all workers know their fates.

The article continues at http://internetnews.com/bus-news/article.php/3459881

Share:
Home
Mobile Site | Full Site
Copyright 2017 © QuinStreet Inc. All Rights Reserved