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Oracle Sails Slower In The Low Tide, But Mayday Signal Is Quite Far-Fetched
P.J. Jakovljevic - April 16, 2001

Event Summary

Oracle Corporation, the largest database provider and one of the largest providers of software applications for e-business, said on March 20 it plans to cut 866 jobs, or 2% of its workforce, in an attempt to reduce costs amid a slowing economy. As it warned earlier, Oracle posted Q3 2001 results below original expectations...


 
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