Oracle CFO: PeopleSoft Layoffs on Friday
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Oracle Corp.  will announce layoffs on Friday as a result of its recent acquisition of PeopleSoft, the company said on Friday.
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PeopleSoft has lost another CEO with top dog David Duffield resigning before Oracle takes over the company. PeopleSoft today announced Duffield&#39;s resignation in a filing with the US Securities and Exchange Commission.
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Craig Conway was fired from PeopleSoft (nasdaq: PSFT - news - people ) today, the same day the company announced that its third-quarter license revenue will be much better than expected.
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PeopleSoft&#39;s Chairman and CEO David Duffield resigned from the company on Dec. 21, just one week after PeopleSoft&#39;s board agreed to accept Oracle&#39;s $10.3 billion acquisition offer.
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PeopleSoft founder David Duffield, who replaced fired CEO Craig Conway in October, quietly resigned effective Dec. 21, less than two weeks before Oracle is scheduled to close its buyout of its software-industry rival.
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October 07, 2004 - The ongoing Oracle/PeopleSoft saga has seen a change of cast. Late last week, PeopleSoft announced that it has axed CEO Craig Conway, the former Oracle exec who has helmed PeopleSoft for
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Time to toss your PeopleSoft (nasdaq: PSFT - news - people ) contact list. Four executives at the software company have been replaced by counterparts from Oracle (nasdaq: ORCL - news - people ), which is wrapping
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A PeopleSoft executive who oversaw the company&#39;s products and its integration with JD Edwards departed from the company this week, a company representative confirmed Friday.
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Yesterday, Oracle said 75 percent of PeopleSoft shareholders tendered their shares. That officially puts Oracle in charge, moving it closer to closing the contentious $10.3 billion deal.
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NEW YORK: PeopleSoft yesterday sacked Chief Executive and president Craig Conway, citing a loss of confidence, and the software company&#39;s shares jumped on expectations that the move could pave the way for a deal with hostile bidder Oracle.
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Company will report preliminary count of its $8.8B hostile bid for PeopleSoft after 1 am ET. NEW YORK  - Oracle Corp. said it would report preliminary results of its $8.8 billion hostile tender offer
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PeopleSoft Inc.  on Tuesday said Chief Executive and Chairman Dave Duffield has resigned from the business software maker, which agreed to a &#36;10.3 billion buyout by rival Oracle Corp.  earlier this month.
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Oracle Corp. will disclose layoffs at PeopleSoft Inc. on Friday to integrate the recently acquired company into the world's second-largest business software maker, Oracle's chief financial officer said yesterday.
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The Oracle Corporation fired PeopleSoft's co-president and chief financial officer, Kevin Parker, and three other top executives.
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Oracle Corp. , the business software maker that recently acquired rival PeopleSoft, said on Friday it plans to cut the combined work force of the two companies by about 5,000 people, leaving a total of 50,000 employees.
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Oracle Corp. will fire 5,000 workers in the financial fallout from the business software maker's recently completed $10.3 billion takeover of rival PeopleSoft Inc.
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PeopleSoft said Friday that it had fired its chief executive, Craig Conway, a move that some analysts said raised the likelihood that the maker of business software would give up its 16-month fight against Oracle&#39;s $7.