Tech and Web NEWS
software giant Oracle Corp to cut 1000 jobs in Europe, mainly in france.
By Amarendra Bhushan for CEOWORLD Magazine Updated:July 3, 2009
US software giant, California-based Oracle Corp has unveiled plans to cut 850 to 1,000 jobs in Europe in light of weaker than expected growth projections. Oracle employs 17,000 people in Europe, including 1,600 in France.
Oracle had 86,000 employees worldwide.
Oracle would join EMC Corp, Hewlett-Packard Co, International Business Machines Corp, Intel Corp, Microsoft Corp and SAP AG, among others technology companies to undertake significant layoffs in this economic downturn.
About 250 jobs will be lost in France, equivalent to 16 percent of the company’s workforce there.
Oracle in June reported that its fiscal fourth quarter, ending May 31., declined 7.2%, its first revenue decline in seven years, as the stronger dollar and continuing economic weakness weighed on revenues and earnings.
Related Reading:
The New Community Rules: Marketing on the Social WebBlogs, networking sites, and other examples of the social web provide businesses with a largely untapped marketing channel for products and service... Read More >
Scosche NN04B 2007-Up Nissan Car Stereo ConnectorScosche NN04B 2007-up Nissan car stereo connector
Tech 4 O Women's Accelerator Pulse WatchYou really don’t want guesswork when it comes to speed, distance, and heart rate measurements. The Pulse provides the chest strap heart rate monitor giving the best known accurate measure. Tech 4 0 delievrs the stats you need with 95+% accuracy. Accelerator Pulse will never let you down.
Spider-Man: Web of ShadowsA deadly symbiote invasion brings devastation to New York City. In Spider-Man: Web of Shadows, the game is set in an apocalyptic vision of the city. Y... Read More >


Get CEOWORLD Magazine digital monthly version. special- Top Capital Cities for a business Traveler, # Interview with Minister of Tourism of Greece. 1 Issues Subscription= $1 Only, 10 Issues Subscription= $5 Only. Grab your copy now!!!!

























Grab a copy of CEOWORLD Magazine for $1 only!!!





