Oracle is laying off 2,000 workers following its £3.43bn
acquisition of Siebel Systems. Most of them being Oracle
workers.
Oracle executives have announced that the total workforce will
be reduced to about 55,000 employees, with Oracle promising that
the job losses will have little impact on its customers.
Some of the personnel losing their jobs are back-office
employees, while others are involved in Oracle’s own E-Business
Suite 11i.
Others going include development staff who have worked on the
company’s Project Fusion initiative, which involved integrating
together Oracle and PeopleSoft products following the PeopleSoft
acquisition over a year ago.
Oracle recently announced that Project Fusion was more than half
complete.
The global customer relationship management (CRM) Siebel
sales-force will remain intact, said Oracle.
The best Oracle CRM staff will be integrated into the global
Siebel sales-force.
Oracle said most of the lay-offs will be completed over the next
few weeks.