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 ...

PLEASANTON, Calif. -- Within the boundaries of this small but feisty high-tech town, Oracle Corp. chief and billionaire Larry Ellison has become public enemy No. 1. He is the man behind Oracle's ...

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 ...

Oracle, while announcing a 5,000 workforce reduction as part of its acquisition of PeopleSoft, also outlined broad development strategy. “The PeopleSoft development team will finish the development ...

When Oracle's wild takeover bid for rival PeopleSoft finally succeeded earlier this year, some observers feared PeopleSoft's Pleasanton headquarters would be devastated. At the time, TV crews and ...

Oracle Corp. began laying off thousands of former PeopleSoft Inc. employees Friday, launching an unusually long and painful process that some observers likened to ritual humiliation. The database ...

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.

Business application vendor PeopleSoft Inc. is rolling out an application that will allow companies to treat their employees like valued customers. The company this week is expected to announce HR ...

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 ...