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Oracle to Layoff 2000 Jobs

Posted by ryuzaki0 on from the axeman-cometh dept.

Joey Benington writes "Oracle plans to cut 2,000 jobs across the Siebel and Oracle work forces after completing its merger with Siebel last week. 'We will retain 90 percent of Siebel's support, development engineers, sales and sales consultants,' said Oracle CEO Larry Ellison. 'Most of the Siebel cuts will be in the back office, and nontechnical staff. The majority of the cuts will be Oracle people, not Siebel.'"

1 of 178 comments (clear)

  1. BS by Ramjet350 · · Score: 5, Informative

    Anyone who tries to justify what Larry did is a moron. I was laid off yesterday from Denver and everyone can tell you it was not about duplicate positions. My manager told me that they never even contacted him to ask his opinion on who to let go. It was all chosen by some executives in California who just wanted to reduce numbers.

    They even had the balls to tell us they might call us if they realized it was a mistake and wanted you back. Does that sound like the "ethical" way to do things for a company?