SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Oracle Corporation (ORCL)
ORCL 197.62+1.2%Dec 24 12:59 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: DeadHead who wrote (15254)1/31/2001 9:54:09 AM
From: MeDroogies  Read Replies (1) of 19080
 
I think you answered alot of your own questions there....
Doing what Oracle did carries alot of benefits to the company, if very few to the people effected.

I'm not saying I think it was the smartest or best way to do things, from a number of standpoints. However, we can agree or disagree, but it's still done and it was likely done because at the time it benefitted the company in several ways.

My guess is the whole thing was a drop in the bucket of the whole $1bb in savings.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext