Comments on: Report: Oracle cuts workforce by 500

The company has made staff cuts in its North American sales and consulting areas, according to a report in The Wall Street Journal.

[BuzzCurve]

Oracle always weeds people out early in the year to avoid paying significant year-end commissions and bonuses to sales and marketing people who are on board as of May 31st. These payments, which hit in July, often represent 40% of a professional's annual earnings. Nice.

Look back at Oracle January press during the past ten years and you note only one thing about the Emerald City- its consistent.

[globalist_agenda]

Layoffs are patriotic. Shipping jobs overseas is patriotric. The only way captains of industry can maintain their lifestyle during the Bush Depression is by laying off staff.

[loose_screw]

Agreed. Layoffs = cheap & easy way for management to boost balance sheet numbers...at least temporarily.