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by CIO Staff

Oracle to Reduce Staff in Ireland

News
Jun 08, 2006 1 min
IT Strategy

Oracle, a business software provider, on Thursday said it plans to reduce its staff in Ireland by roughly 2 percent over the coming six months, The Register reports.

The jobs will be cut from Oracle’s finance departments in Dublin and Galway, Ireland, according to the Register.

Though the software firm did not specify the number of jobs to be cut, it said roughly 2 percent of its workforce in Ireland, or approximately 18 people out of 900, will lose their jobs, The Register reports.

Oracle stressed that its facilities in Galway will continue to be a component of its business plan, and that the job cuts will be made specifically within its finance operations and not in any additional areas, like engineering or technical support, according to The Register.

Oracle recently said it would cut 2,000 staff positions following the completion of its $5.8 billion acquisition of CRM provider Siebel, The Register reports.

The company has a worldwide workforce of roughly 57,000 people, according to The Register.

Just last week, Oracle announced plans to purchase another CRM vendor, Demantra.

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