Oracle layoffs not just ex-BEA workers, indicate slowdown

14.01.2009

Most of Oracle's offerings are large enterprise application software that require "major capital expenditures," he said, which is "more subject to recessionary pressure" than, for instance, software-as-a-service (SaaS) subscriptions.

Which may be why Oracle consultants, like the one who spoke to Computerworld , were hit hard. He was given a three-month severance package, which he called "a pittance."

Rival enterprise software vendor also conducted a round of layoffs last week, cutting about 100 jobs in the U.S. and Canada. The reductions were related to SAP's "continuing ," and affected a range of positions, but were not related to the economy, according to a spokesman.

Oracle's layoffs, as reported by occurred worldwide.

In India, 40 employees in Bangalore were laid off, according to . More than 60% of Oracle's 86,657 employees work outside of North America.