Science and Technology Science and Technology
Wed, January 14, 2009
[ 02:24 PM ] - Market Wire
IEEE Spectrum Survey Ranks Digimarc High on List .. Most Influential Patents for Third Year in a Row
[ 02:24 PM ] - Market Wire
Nestor, Inc.: Leadership Change at Nestor Marks Completion of Turnaround
[ 02:20 PM ] - Market Wire
Intersil: Intersil Corporation to Announce Fourth Quarter 2008 Financial Results on January 28th
[ 02:08 PM ] - Market Wire
Paivis, Corp. : Paivis, Corp. Confirms Shareholde .. nd, Shares of Mistral Ventures, Inc. Upon Finaliz
[ 02:04 PM ] - Market Wire
Signature Devices, Inc.: Signature Devices 2008-2009 Overview and Strategy
[ 01:44 PM ] - Market Wire
Nortel: Nortel Obtains Court Orders for Creditor Protection
[ 01:42 PM ] - Market Wire
Eclipsys Reports Inducement Grants under NASDAQ Marketplace Rule 4350
[ 01:38 PM ] - Market Wire
Plantronics: Plantronics Announces Anticipated Th .. er Results and Restructuring Plan to Reduce Costs
[ 01:25 PM ] - Market Wire
Arbitration Panel Awards Tessera $60.6 Million From Amkor
[ 01:23 PM ] - Market Wire
Unica Corporation Announces Date of First-Quarter .. cial Results Release, Conference Call and Webcast
[ 01:16 PM ] - Market Wire
Airvana Comments on Nortel Bankruptcy Announcement
[ 01:15 PM ] - Market Wire
Hoku Scientific, Inc.: Hoku Announces Arrival of .. Pocatello; Provides Update on Project Progress a
[ 01:10 PM ] - Market Wire
Hoku Scientific, Inc.: Hoku Announces Amendment t .. icon Supply Contract; Option for Wafering Service
[ 01:05 PM ] - Market Wire
VeriSign, Inc.: VeriSign Names Mark McLaughlin as President and Chief Operating Officer
[ 01:02 PM ] - Market Wire
Vicor Corporation: Vicor Corporation Announces Work Force Reduction and Dividend Suspension
[ 12:55 PM ] - Market Wire
Catapult Communications Corporation: Catapult Com .. o Material Exposure to Nortel Networks Bankruptcy
[ 12:30 PM ] - Market Wire
Ultratech to Broadcast Fourth Quarter and Year-End 2008 Results Conference Call on the Web
[ 12:19 PM ] - Market Wire
NetScout Systems to Report Third Quarter Fiscal Year 2009 Financial Results on January 22, 2009
[ 12:15 PM ] - Market Wire
Virtusa Announces Date of Third Quarter Fiscal 20 .. cial Results Release, Conference Call and Webcast
[ 12:14 PM ] - Market Wire
NetLogic Microsystems Schedules Fourth Quarter and Fiscal 2008 Conference Call for Feb. 3, 2009
[ 12:06 PM ] - Market Wire
Real Intent: MoSys Picks Real Intent for IP Verification, Timing Closure
[ 12:05 PM ] - Market Wire
Network Equipment Technologies Schedules Press Re .. nce Call for Third Quarter of Fiscal 2009 Results
[ 12:01 PM ] - Market Wire
Universal Display Awarded $1,089,600 U.S. Departm .. Contract to Continue Development of Flexible OLE
[ 12:00 PM ] - Market Wire
Perficient Well-Positioned To Serve Businesses an .. Consultants Concerned with Developments at Satyam
[ 12:00 PM ] - Market Wire
SMSC Announces Cost Reduction Actions
[ 11:40 AM ] - Market Wire
PureSpectrum, Inc. : PureSpectrum, Inc. Launches CFL Sales Program Targeting Utilities Industry
[ 11:34 AM ] - Market Wire
ON Semiconductor Debuts Industry?s First 4-Amp, S .. upercapacitor-Based LED Camera Flash Applications
[ 11:25 AM ] - Market Wire
Interactive Intelligence to Announce Fourth Quarter and Year-End Operating Results
[ 11:20 AM ] - Market Wire
EchoStar Corporation: EchoStar Delivers Transpond .. redes to Support Emergency Management and Oil and
[ 11:06 AM ] - Market Wire
Schaeffer's Street Stories: Oracle Corporation Trims Workforce

Schaeffer's Street Stories: Oracle Corporation Trims Workforce


Published on 2009-01-14 12:17:11, Last Modified on 2009-01-14 12:17:30 - Market Wire
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CINCINNATI--([ BUSINESS WIRE ])--Oracle Corporation (NASDAQ: ORCL) is down nearly 4% as rumors of layoffs at the California-based software maker hit the wires. Earlier, The Wall Street Journal reported that around 500 positions were cut at the company. It was later reported by Reuters that the company has fired "several hundred" of its more than 86,000 workers, according to 2 sources close to the situation, as the company struggles in an economic downturn.

The firm is trimming its force of sales consultants who advise clients on how to integrate its business management software and database programs into their operations, the sources said on Tuesday, according to Reuters.

Oracle declined comment.

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