Oracle Reportedly to Add 2,000 Workers

Discussion in 'Wall St. News' started by ASusilovic, Jan 27, 2010.

  1. NEW YORK (Reuters) - Software maker Oracle Corp, which is near to closing its $7 billion acquisition of computer maker Sun Microsystems Inc, plans to hire 2,000 sales and engineering employees, the Wall Street Journal reported on Tuesday.

    The new hires will outnumber the cuts Oracle is making in Sun's head count, the Journal said, citing an interview with Oracle Chief Executive Larry Ellison.

    Separately, in an interview with the New York Times, Ellison said he expected Sun's chief executive, Jonathan Schwartz, to resign and hoped that Scott McNealy, Sun's co-founder and chairman, would stay on at Oracle, although his title and duties were not clear.

    Oracle plans to focus on selling computer systems that combine hardware and software, the Journal said, with Ellison saying that the company will announce two such systems in the next year.

    The paper said Ellison declined to provide details, except to say he expected systems that combine hardware and software to become a multibillion-dollar market.

    A spokeswoman for Oracle, which plans to unveil its strategy for Sun publicly on Wednesday, was not immediately available for comment.

    (Reporting by Shailesh Kuber in Bangalore and Martinne Geller in New York; Editing by Muralikumar Anantharaman)

    Good news.
  2. Salary arbitrage. :cool:
  3. pitz


    They'll fire Americans. And replace 'em with Indians.

    Its been the Oracle strategy for the past decade. Don't see why it won't be continued at Sun.

    Typically, they need about 3 Indians (worked as slaves) to replace 2 Americans (with a decent lifestyle). The Indians can be paid half as much and don't need much in terms of healthcare, so the savings can be significant.
  4. I think its 1 indian for 2 americans.. look who is working at google.. half of programmers are hot Indian girls that write C++
  5. pitz


    Not even close by a long shot. Tech industry was prosperous and growing when Americans were running it. And Google and "hot Indian girls"?? lol.