Error
  • JUser::_load: Unable to load user with id: 67

Featured Articles

HP Stream is a Chromebook killer priced at $200

HP Stream is a Chromebook killer priced at $200

We have been hearing reports of a new breed of affordable Windows notebooks for months. It is alleged that a number…

More...
AMD Radeon R7 SSD line-up goes official

AMD Radeon R7 SSD line-up goes official

AMD has officially launched its first ever SSDs and all three are part of AMD’s AMD Radeon R7 SSD series.

More...
KitKat has more than a fifth of Android users

KitKat has more than a fifth of Android users

Android 4.4 is now running on more than a fifth of Android devices, according to Google’s latest figures.

More...
Aerocool Dead Silence reviewed

Aerocool Dead Silence reviewed

Aerocool is well known for its gamer cases with aggressive styling. However, the Dead Silence chassis offers consumers a new choice,…

More...
Frontpage Slideshow | Copyright © 2006-2010 orks, a business unit of Nuevvo Webware Ltd.
Wednesday, 14 January 2009 17:02

Oracle sheds 500 US jobs

Written by

Image

Less than expected


Oracle has
given 500 workers in North America their marching orders on Friday.

The cut, which amounts to less than 2 percent of its workforce, doesn't come as a surprise, it is smaller than some analysts expected. In fact, the unfortunate 500 could easily fit on Larry Ellison's 138 meter yacht.

As of November, Oracle had 33,526 workers in the North America and 86,657 worldwide. The company seems to be doing quite well, considering the massive job cuts and losses reported by most major IT outfits. In its last quarterly report, Oracle reported a 6 percent increase in revenue and a 1 percent decline in net profits.

The company refused to comment the cut.

More here.

E-mail: This e-mail address is being protected from spambots. You need JavaScript enabled to view it
blog comments powered by Disqus

 

Facebook activity

Latest Commented Articles

Recent Comments