Oracle staff are furious that they did not predict that they would be victims of “widespread company layoffs”.
The database licence peddler has begun a raft of job cuts which is apparently part of an “organisational restructure”. The irony is that some of those told to vacate the building were only hired in the last six months and they are having no problem finding work because there is a skills shortage.
Most of those given the boot are workers in the US and Europe in areas like marketing for software applications that automate customer service and ecommerce functions.
Oracle had about 143,000 full-time employees, according to its most recent annual report.
Some of the job cuts follow Oracle’s recent $28.3 billion buyout of Missouri-based company Cerner, a healthcare-focused firm that brought with it a headcount of more than 28,0000.
