Okay, so last week I posted about upcoming Oracle layoffs. They were announced today, so let's see how good my source was.
1) "as many as 7,000 developers in the U.S.".
- What was announced was 2,000 employees being let go, most of them in development ranks. Obviously the number was off substantially, but there were alot of skeptics in the comment threads about them laying off developers, and that did happen
- 10% of Siebel's employees were cut loose, probably from FG&A. The number was off again, but all in all this turned out to be pretty accurate. When you do the math it comes out with about 1,500 Oracle employees losing their jobs today, and the bulk of those are probably PSFT employees who's "package" expired with the 1 year anniversary of that deal, but that's just speculation on my part.
- dead on accurate
- accurate
Make that a B-. You are batting well above 0.500 on that rumor. That's above C on the rumor curve, I believe.
Posted by: Jack Moore | Feb 10, 2006 at 03:33 PM