2010 is not a good time to join Oracle Corporation as they
prepare to assimilate Sun Microsystems into a dingle giant
Oracle may lay off ten thousand
Part of the Oracle Sun merger was
about synergy, so it’s no surprise that
Oracle is planning massive 2015 layoffs. In a government
filing, Oracle plans to write off up to $825,000 in restructuring
expenses, an act whereby Oracle could wind-up tossing up to 10,000
Oracle professionals out into the job market:
“Oracle didn’t say in its filing how many jobs
that will mean, but early estimates put the Oracle-Sun layoffs as
high as 10,000 employees, or more than one-third of the Sun
workforce that existed before the acquisition."
These types of layoffs are not uncommon in large acquisitions,
and the prospects for Oracle remain quite bright for 2015.
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