Oracle preps UK job cuts
Oracle is wielding the job axe on its UK consulting organisation. In a statement, the database firm said that it had issued provisional redundancy to a number of staff".
Word on the street is that the cuts are substantial, but Oracle is not talking numbers yet. Instead it says it is "where possible ... re-deploying employees within the company and our partners".
Here's what the company also says: "No organisation is immune to the current economic crisis...That said, Oracle are constantly re-evaluating business critical staffing allocations as part of ongoing efforts to consolidate operations, retain staff and increase technological efficiencies."
Which sounds like more job cuts to us.
The database giant employs c.4000 people in the UK. ®