Oracle cuts jobs

Oracle is making job cuts (mainly in Europe and Asia) related to its acquisition of Sun Microsystems. When acquisition took place in 2009 , Sun announced plans to lay off 3,000 workers, or about 10 percent of its workforce. Right now we do not know how many jobs it plans to cut. An Oracle said the cuts will eliminate redundancies and improve efficiencies.

Oracle Corporation is a multinational computer technology corporation that specializes in developing and marketing enterprise software products – particularly database management systems. Headquartered of Oracle Corporation is located in Redwood City, California, United States, Oracle employs more than 115,000 people worldwide as of 2009. It has enlarged its share of the software market through organic growth and through a number of high-profile acquisitions. By 2007 Oracle had the third-largest software revenue, after Microsoft and IBM. Source: wikipedia