It took Oracle 18 months to capture Peoplesoft, declaring itself the winner on 7 January. One week on, and it says it will take just 10 days to tell 5,000 employees, give or take the occasional straggler, that they are fired.
Oracle staff will get pink slips too, but it is reasonable to infer the axe will fall most heavily on Peoplesoft sales and back office workers.
Oracle will retain "more than 90 per cent of PeopleSoft product development and product support staff. The PeopleSoft development team will finish the development and deployment of PeopleSoft version 8.9, and then begin development of the next upgrade to PeopleSoft products, version 9.0. The PeopleSoft support teams, with the assistance of the Oracle support organization, will continue to support PeopleSoft customers around the world."
Originally, Oracle planned to freeze Peoplesoft development and rip and replace Peoplesoft software with Oracle equivalents. It abandoned immediate thoughts of slash and burn during the tortuous takeover battle, following an outcry from Peoplesoft customers.
The company reveals current thinking on life after merger in a marathon webcast on Tuesday, 18 January. ®