Monday, June 07, 2010

Fusion Storm Rising...

SEC has been advised that Oracle Corp approved, committed and initiated and amendment to the Sun integration plan, with 675 to 825 M$ .

"Amendment further reduces the size of Oracle’s combined workforce primarily in Europe and Asia, eliminates redundant costs resulting from the acquisition of Sun and reflects improved efficiencies in operations."

This annoucement is a serious issue as there has been no local nor Europeen Work's Council consultation.

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