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Thursday, February 09, 2006

Pink Slips for Oracle, Siebel And PeopleSoft Employees

With the megamerger between Oracle and Siebel Systems closed, Wall Street analysts are forecasting pink slips for Siebel employees.

But Siebel, a large vendor of customer relationship management (CRM) software, may not be the only one to feel the pain. Analysts have noted that Oracle employees involved with its own CRM efforts may find themselves displaced.

Oracle on Thursday plans to discuss its integration path and business outlook for the combined companies, during a conference call with analysts.

Oracle has previously indicated it plans to use Siebel's technology as its core CRM product and, as a result, Oracle's CRM sales and marketing team may feel the deepest cuts, Di Bona noted.

Administrative Siebel employees, such as those in finance and human resources, will likely encounter the heaviest cuts, he added.

We have been hearing that further headcount reductions among PeopleSoft and J.D. Edwards employees may occur shortly as the company begins to implement its longer-term vision for Fusion

Maybe we should call this Oracle Fusion

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