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Businesses The Almighty Buck

Oracle to Layoff 2000 Jobs 178

Posted by CowboyNeal
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.'"
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Oracle to Layoff 2000 Jobs

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1 Billion dollars of budget deficit = 1 Gramm-Rudman

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