Slashdot Mirror

← Back to Stories (view on slashdot.org)

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.'"

2 of 178 comments (clear)

  1. Market forces by secretsockpuppet · · Score: 5, Interesting
    And Oracle India has been adding thousands of staff during past couple years.

    http://www.dqindia.com/dqtop20/2004/compdetails.as p?rank=19

    Good old market forces in action, folks. Nothing to see here, move along

  2. How to survive - long-term by IAAP · · Score: 4, Interesting
    Will be through ownership. I detest this treatment of people like cogs as much as anyone, but the way survive this globalization trend is to become one those owners.

    It's the owners who are receiving the benfits of this mentality who are going to win with globalization - not the workers. They're fucked. Labor, including smart people (90th percentile - .1*1 billion = 100 million very smart people in India alone!), is a commodity, now.

    Another avenue is creativity. Not just the artsy folks, but being creative with new products and services and try to create your own asset to own.

    Just what I've been hearing from folks who are making it in this new economy.