Oracle today revealed plans to axe 5,000 staff as part of its integration of PeopleSoft.
The database giant said that the merger, which "is proceeding on schedule", would involve reducing the size of its combined workforce to 50,000, effectively eliminating 5,000 positions.
Notifications to affected PeopleSoft and Oracle staff will begin today, with the majority of redundancies due to be completed over the next 10 days.
Oracle said that it plans to retain over 90 per cent of PeopleSoft product development and support staff.
These teams are due to finish the development and deployment of PeopleSoft version 8.9, and then begin development of the next upgrade to PeopleSoft products, version 9.0.
The PeopleSoft support teams, with the assistance of the Oracle support organisation, will continue to support PeopleSoft customers around the world, Oracle promised.
"By retaining the vast majority of PeopleSoft technical staff, Oracle will have the resources to deliver on the development and support commitments we have made to PeopleSoft customers over the past 18 months," said Oracle chief executive Larry Ellison.
Detailed information about Oracle's applications organisation, product plans and market strategies will be presented to customers and partners next week at the launch of the combined applications business.
Oracle completed its acquisition of PeopleSoft on 7 January, following a protracted and bitter battle.
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