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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. 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