Feeds

Oracle welcomes Siebel staff with 2,000 job cuts

There's no 'you' in Oracliebel

Top 5 reasons to deploy VMware with Tegile

Update Oracle will layoff 2,000 staffers as it works to bring Siebel Systems on board.

The workers will be trimmed from both the Oracle and Siebel sides of the house, although Oracle workers will face the "majority" of the cuts, according to Oracle CEO Larry Ellison. Close to 10 per cent of the workers from Siebel's support, sales and development groups will be let go.

All told, Oracle will end up with about 55,000 employees. It closed the $5.85bn buy of Siebel last week.

Aside from the cuts, Oracle announced that it expects third and fourth quarter results to be inline with analysts' expectations. The database maker - er, applications vendor - sees third quarter revenue coming in between $3.45bn and $3.50bn and fourth quarter revenue ranging between $4.39bn and $4.55bn. ®

Secure remote control for conventional and virtual desktops

More from The Register

next story
The 'fun-nification' of computer education – good idea?
Compulsory code schools, luvvies love it, but what about Maths and Physics?
Ex-US Navy fighter pilot MIT prof: Drones beat humans - I should know
'Missy' Cummings on UAVs, smartcars and dying from boredom
Facebook, Apple: LADIES! Why not FREEZE your EGGS? It's on the company!
No biological clockwatching when you work in Silicon Valley
Happiness economics is bollocks. Oh, UK.gov just adopted it? Er ...
Opportunity doesn't knock; it costs us instead
'Cowardly, venomous trolls' threatened with TWO-YEAR sentences for menacing posts
UK government: 'Taking a stand against a baying cyber-mob'
Sysadmin with EBOLA? Gartner's issued advice to debug your biz
Start hoarding cleaning supplies, analyst firm says, and assume your team will scatter
Doctor Who's Flatline: Cool monsters, yes, but utterly limp subplots
We know what the Doctor does, stop going on about it already
prev story

Whitepapers

Forging a new future with identity relationship management
Learn about ForgeRock's next generation IRM platform and how it is designed to empower CEOS's and enterprises to engage with consumers.
Cloud and hybrid-cloud data protection for VMware
Learn how quick and easy it is to configure backups and perform restores for VMware environments.
Three 1TB solid state scorchers up for grabs
Big SSDs can be expensive but think big and think free because you could be the lucky winner of one of three 1TB Samsung SSD 840 EVO drives that we’re giving away worth over £300 apiece.
Reg Reader Research: SaaS based Email and Office Productivity Tools
Read this Reg reader report which provides advice and guidance for SMBs towards the use of SaaS based email and Office productivity tools.
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.