Topic: What a bunch of heartless... (Read 2751 times)

Javora · « **on:** January 16, 2005, 09:13:26 am »

Well you get the Idea. Anyway I just read the article where Oracle is laying off 5000 people and are sending the pink slips by express mail. Dirty rotten rat B@$+@rd$ anyway. I realize that Ellison has it in for the people at PeopleSoft but wow, gee Larry tell us how you really think.

You can read the article here:

http://news.zdnet.com/2100-9589_22-5536612.html

toasty0 · « **Reply #1 on:** January 16, 2005, 10:50:37 am »

PeopleSoft employed 5000?

Nemesis · « **Reply #2 on:** January 16, 2005, 11:01:23 am »

Quote from: toasty0 on January 16, 2005, 10:50:37 am

PeopleSoft employed 5000?

Link to story

Quote

"Notifications at PeopleSoft and Oracle began today, and a majority will be completed over the next 10 days," Oracle said in a statement.

PeopleSoft, which employs more than 11,000 workers around the world, is expected to absorb the brunt of the cuts. Oracle is expected to notify many PeopleSoft workers of their terminations over the weekend, via Express Mail to their homes--a practice human resources experts frown on.

I really hate corporate take overs. I would much prefer that the companies compete in a free market place rather than reduce competition and consumer choice with buyouts.

E_Look · « **Reply #3 on:** January 16, 2005, 06:43:54 pm »

I understand how all those poor folks feel. And it ain't good.

News: