PeopleSoft sweetens employee compensation
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Business software maker PeopleSoft Friday said it was boosting compensation packages for all employees except its chief executive in a move that would raise the
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Craig Conway, the former chief executive of PeopleSoft Inc., will get at least &#36;3.2 million in severance, the company disclosed.
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PeopleSoft reported a profit and rising revenue Thursday, as the Pleasanton software company sought to steady its footing after several setbacks in its fight against rival Oracle's &#36;7.7 billion hostile takeover bid.
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Ousted PeopleSoft CEO will get a severance package of between $10 million and $20 million.
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Microsoft solicits PeopleSoft customers with offers of cheaper and better technology just days after Oracle purchases the company.
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As the specter of an Oracle Corp. takeover hovers overhead, PeopleSoft Inc. is doing what it can to solidify its user base and help enterprises better manage its products.
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Oracle made its âbest and finalâ offer of $24 per share of PeopleSoft today (November 1). The all-cash offer values PeopleSoft at $9.
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Under threat of hostile takeover, PeopleSoft offers freebies to customers that migrate to latest software release
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Shareholders can expect a clearer picture of how much top executives are paid as new rules go into effect today, requiring companies to clearly explain their compensation practices.
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LOS ANGELES (CBS.MW) -- PeopleSoft Inc., whose board has spurned repeated hostile takeover offers from Oracle Corp,. got a major boost Thursday when several analysts raised their PeopleSoft financial forecasts.
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PeopleSoft (Nasdaq: PSFT) said on Monday that quarterly revenues would beat Wall Street's expectations, due to an increase in the number of customers making large orders for its enterprise-application software.
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SAN FRANCISCO--PeopleSoft Inc. opened the second day of its user conference here Wednesday with good news for itself and its customers: upgrade discounts and a significant licensing deal.
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SEPTEMBER 23, 2004  - SAN FRANCISCO -- Embattled PeopleSoft Inc. is offering a sweetener to customers to migrate to the latest versions of its products, hopefully allowing it to close more sales
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PeopleSoft unveiled a new incentive program on Wednesday offering customers free upgrade assistance and a credit toward new purchases, an initiative the company hopes will spark sales and encourage customers to move to its latest releases.
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Problems with a PeopleSoft ERP rollout in Palm Beach County, Fla., have caused significant payroll problems for numerous school district workers.
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U.S. executives are reaping another  year of abundant pay, and the rich rewards are likely to stir  demands for greater disclosure on how and why heads of  companies are compensated.
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Oracle is offering US$21 per share or about US$7.7 billion for PeopleSoft, a leader in human resources management software and an applications rival of Oracle.