Seeking Alpha
Seeking Alpha Portfolio App for iPad
Finance
(1)
Market Currents

Oracle (ORCL) has carried out across-the-board layoffs in its hardware division, a source tells....

  • Thursday, April 26, 2012, 11:57 AM ET
    Oracle (ORCL) has carried out across-the-board layoffs in its hardware division, a source tells. Through Oracle is seeing strong demand for its high-end engineered systems, overall hardware sales fell 11% Y/Y in FQ3, as its older UNIX lines continue losing ground to Windows and Linux hardware. Yesterday, an ex-employee claimed top Oracle hardware salesmen are leaving en masse, partly due to internal dysfunction.
Other date
DJIA (DIA) S&P 500 (SPY)