Blood To Drip from Oracle's Axe @ ORACLE DEVELOPER'S JOURNAL

Blood To Drip from Oracle's Axe

Oracle Is Expected To Start Firing People Wholesale Today, January 14

With PeopleSoft finally in its pocket, Oracle is expected to start firing people wholesale today, January 14.

Some 6,000 people, mostly PeopleSoft folk, roughly 11% of the total headcount - perhaps as much as 25%-50% of PeopleSoft's staff - are initially supposed to be cut from the combined companies.

Prudential says its contacts think Oracle has let many of the internal line managers in its own applications group go already. It could replace them with internal promotions or with people from PeopleSoft.

Wasting no time, Microsoft formally announced a new migration program for PeopleSoft and JD Edwards customers and partners on Monday.

Microsoft, which is pushing its Great Plains and Axapta stuff, is offering 25% discounts and strategic advice.

Microsoft denied it was much of a competitor when the Justice Department brought suit last year trying to stop the merger.

Published Jan. 14, 2005 — Reads 16,307
Copyright © 2008 SYS-CON Media. All Rights Reserved.

About Maureen O'Gara
Maureen O'Gara is the Virtualization News Desk editor of SYS-CON Media. She is the publisher of famous "Billygrams" and the editor-in-chief of "Client/Server News" for more than a decade. One of the most respected technology reporters in the business, Maureen can be reached by email at maureen(at)sys-con.com or paperboy(at)g2news.com, and by phone at 516 759-7025.

Bye bye PeopleSoft wrote: Looks like Ellison is doing what any other conqueror does, reaping the rewards of his conquest. Alexander the Great, Attila the Hun, Larry the...

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erperperp8 wrote: Certainly many inept and lazy folks will get pink slips. Even more certainly, many talented people will also be cut. PeopleSoft's (and JDE's) long-term successes attest to that.

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lurker1360 wrote: Best of luck to all the ex-employees - whether PeopleSoft or Oracle. Strange day. TV camera trucks lined up across the street. Think I may one of the few people in the office this early. Last day for me. Bye.

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