Oracle to shave 900 jobs from workforce

Article Abstract:

Oracle Corp, a leading computer software manufacturer, has decided to remove up to 2% or 900 workers from its total workforce. The company intends to make the cuts through a combination of attrition and job eliminations. The company attributed the decision to the slowdown in business, which it expects to last through the rest of 2001. The cutback is the second since May 2000, when it eliminated 2,500 jobs or 6% of its workforce.

Labor force information

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Oracle, Microsoft battle to fill small firms' needs

Article Abstract:

Oracle and Microsoft compete for business from small companies. The author examines the software giants struggle to provide a single integtrated set of software that's cost effective, easy to use, and yet, profitable.

Strategy & planning, Microsoft Corp., Cover Story, MSFT, Company Profile

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Oracle delivers good news

Article Abstract:

Oracle announced that it posted a net income of $855 million, for the quarter ending 5/31/01. CFO Jeff Henley expressed cautious optimism that Oracle would see a modest upturn during the next quarter.

Sales, profits & dividends

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