Oracle Corp. announced Friday that it would fire about 5,000 employees, the result of the database firm's hostile takeover of PeopleSoft Inc. The job cuts, which had been expected to number between ...

Oracle may be celebrating its long-awaited union with PeopleSoft, but a day after the landmark deal not everyone is happy. Among those likely to be looking at the $10.3 billion merger with some ...

SAN FRANCISCO – Oracle Corp. (ORCL) will fire 5,000 workers in the financial fallout from the business software maker's recently completed $10.3 billion takeover of rival PeopleSoft Inc.(PSFT). The ...

Oracle appears to be adding insult to injury in its merger with PeopleSoft--taking the unusual step of notifying workers of their termination by sending pinks slips via express mail to their homes.

Former PeopleSoft employees displaced by the Oracle merger will soon be eligible for financial assistance through The Safety Net Fund, which is expected to formally launch as early as Friday. The fund ...

If there is any bright spot in the news that Oracle is laying off 5,000 former PeopleSoft employees, it is that the layoffs will be distributed world wide. “When you look at where the redundancies are ...

Oracle may be celebrating its long-awaited union with PeopleSoft, but a day after the landmark deal not everyone is happy. Among those likely to be looking at the $10.3 billion merger with some ...