Friday, July 10, 2009

Oracle work base cuts

Oracle is reducing its team by up to 1,000 across Europe as part of an optimisation scheme as the economies shrink.

Despite reports showing Oracle’s growth during the recession compared to many other businesses, the company has chosen to reduce its assets to product the business as organisations cut budgets that will affect Oracle in the long-run.

This is seen as a significant lay-off, particularly for a company doing well and represents approximately 1% of its workforce.

Oracle’s choice will not affect its service to customers nor the technologies, in fact – no doubt companies like Inatech will adopt members of the work force to help assist organisations implement the Oracle technologies. Inatech has a history of adopting former Oracle employees who have the educated insight to the technologies.

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