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Oracle to cut 5,000 jobs in PeopleSoft merger
January 14, 2005
Firm drops the ax in effort to squeeze costs out of its $10.3 billion PeopleSoft buyout. Combined firm will employ 50,000.
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Oracle to PeopleSoft: The pink slip's in the mail
January 14, 2005
Thousands of PeopleSoft workers await termination letters via express mail--a cold and unusual way to handle layoffs, experts say.
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