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Oracle lays-off thousands of Peoplesoft Employees

http://news.com.com/Oracle+to+PeopleSoft+The+pink+slips+in+the+mail/2100-1014_3-5535886.html?tag=html.alert

Shipments to thousands of PeopleSoft employees across the country are expected over the weekend, according to sources close to the company. Those spared pink slips will get packages too--containing new Oracle employment contracts. That makes it a nail-biting weekend for many PeopleSoft employees, who number more than 11,000 worldwide. Oracle may cut as many as 6,000 jobs, according to its own earlier estimates. It plans to announce the official number Friday.

Many human resource experts fell Oracle's handling of the lay-offs is poorly fashioned.

 "It's very dehumanizing when you receive a letter in the mail and you have no one to respond to you," said Zarin E. Randeria, an independent executive coach and human resources consultant in San Francisco.

Analysts also feel that this approach could also create turmoil among existing Oracle employees and former PeopleSoft employees.

"It's not to their benefit to come in and intimidate and antagonize the new work force," said John Challenger, chief executive of employment-services company Challenger, Gray & Christmas. "You're trying to integrate work forces and prevent a we-they attitude among new employees. Many people getting these notices may feel it was impersonal and heavy-handed."


 

 
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