1,000 PeopleSoft staff to be laid off

October 2003
IT Training;Oct2003, p5
Trade Publication
PeopleSoft Inc. is to lay off up to 1,000 workers, including some from its training arm, following its recent acquisition of JD Edwards Co. The redundancies amount to eight per cent of its new combined workforce. There are bound to be overlaps when two companies worth many millions of dollars each decide to merge with one other. PeopleSoft will maintain the mainframe and client-server versions of JD Edwards's software and its own set of applications as three distinct product lines. PeopleSoft's chief executive Craig Conway says that, in the next six months, it will bridge the technical gaps between the two companies' products to make them compatible.


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