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Oracle to move 175 jobs from US to India
Sify / Walletwatch ^
| 10-12-03
Posted on 10/12/2003 9:15:45 AM PDT by Brian S
Sunday, 12 October , 2003, 12:38
Oracle Corporation will move 27 per cent of jobs from its Rocklin facility in California in the US to India.
Oracle will move 175 of the 650 positions at its Rocklin facility to India within the next seven months, reports said quoting sources.
The jobs that will be moved to India will be in payroll and accounting and data entry.
The company has also taken steps that would make it easier to sell real estate it owns in Rocklin, the reports said.
Oracle, based in Redwood Shores, California, is one of the world leaders in database software. The company has 41,000 employees worldwide, including more than 3,700 in India. The company has already announced plans to grow it to 4,000 by the year 2004.
Oracle chief executive Larry Ellison had said earlier, ''We have over 3,000 people in India right now.
We plan to more than double that in the fairly near term to be over 6,000 people in India. So we're going to continue to invest heavily in India.''
The company continues to grow its development centres in India which are carrying out software development, consulting and support to its global customers.
It has bought a seven-acre land in Hyderabad to build its own campus. It plans to create a 500,000 square foot, state-of-the-art campus.
Oracle presently has its India Development Centre campuses in Bangalore and Hyderabad.
The company plans to offload more of consulting work to its Indian subsidiary in the near future and hire more professionals for its shared services unit, which will provide complete range of back office services such as accounting, staff management and payroll.
It may even set up a shared services operation in India for Oracle worldwide.
TOPICS: Business/Economy; Extended News; Foreign Affairs; US: California
KEYWORDS: india; oracle; outsourcing
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1
posted on
10/12/2003 9:15:45 AM PDT
by
Brian S
To: Brian S
Do you have permission from Willie Green to post this?
2
posted on
10/12/2003 9:19:47 AM PDT
by
nwrep
To: All
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3
posted on
10/12/2003 9:21:41 AM PDT
by
Support Free Republic
(Your support keeps Free Republic going strong!)
To: nwrep
There as so many of these type articles that even Willie can't keep up... ;)
4
posted on
10/12/2003 9:22:43 AM PDT
by
Brian S
(" In the United States, armed masses represent the foundation of political order.")
To: Brian S
Boycott Oracle!!!!
boycott
5
posted on
10/12/2003 9:30:24 AM PDT
by
boycott
To: Brian S
Nothing new to see here, folks. Move on!
6
posted on
10/12/2003 9:30:43 AM PDT
by
TaxRelief
(Ask me about the connection between socialism, communism, drug war lords and vodka.)
To: Brian S
They want to take the jobs away from us. Let's take our business away from them.
boycott
7
posted on
10/12/2003 9:32:51 AM PDT
by
boycott
To: Brian S
We plan to more than double that in the fairly near term to be over 6,000 people in India. So we're going to continue to invest heavily in India.''
And the US government should give you a contract for any homeland defense database work because...?
8
posted on
10/12/2003 9:42:40 AM PDT
by
lelio
To: Brian S
complete range of back office services such as accounting, staff management and payroll So, the next people laid off from Oracle USA will get a form letter generated in India!
9
posted on
10/12/2003 9:45:27 AM PDT
by
glorgau
To: Brian S
Hope it's their government database group.
10
posted on
10/12/2003 10:48:55 AM PDT
by
dr_who_2
To: lelio
Who would you give it to? MS has done the same thing - and worse, gave the windows source code lock, stock and barrel to the ChiComs. Informix - that's IBM, they're heading to Bangalore, too. I really can't think of any of the major players in the industry that aren't headed to Apu Country.
And the US government should give you a contract for any homeland defense database work because...?
11
posted on
10/12/2003 10:55:06 AM PDT
by
Salo
To: boycott
Let's take our business away from them. Yeah. Let's boycott business application and database software as individuals, that'll teach them a lesson.
12
posted on
10/12/2003 10:58:13 AM PDT
by
Archangelsk
(JULES: He gave her a foot massage. VINCENT: A foot massage?)
To: Golden Eagle
Hey, Iggle, I know you care deeply about this subject. Pull up a perch....
13
posted on
10/12/2003 11:02:01 AM PDT
by
Salo
To: Brian S
Well, it's just lovely that, thanks to all you executives who are moving your offices to India, India will soon have full employment, even if the United States doesn't. But I have a question: if only people in India have jobs, who is going going to buy your products? Americans won't have money to buy anything. This is how you create a depression, folks. And when there's a depression, we all go down with the ship, you included.
14
posted on
10/12/2003 11:06:49 AM PDT
by
Capriole
(Foi vainquera)
To: Archangelsk
Let's take our business away from them. Yeah. Let's boycott business application and database software as individuals, that'll teach them a lesson.
Yeah. Some of us individuals work in the corporate world and make decisions. I'll have less time for Oracle. Thank you.
15
posted on
10/12/2003 11:10:17 AM PDT
by
boycott
To: Brian S
I've been reading more and more that this kind of outsourcing is not working out and that many firms are more likely to come back to the USA, so I find this article a bit of a surprise.
16
posted on
10/12/2003 11:10:45 AM PDT
by
A CA Guy
(God Bless America, God bless and keep safe our fighting men and women.)
To: Brian S
Now it looks like their back office is joining their tech staff. When I call Oracle tech support I've only talked to 1 non-Indian in the 4 years I've been running the software.
They may be located in the US but they are all bargain-basement H1Bs.
And the people I've talked to have been nearly useless and hard to understand. I have better luck researching the issue on Usenet using Google than I do calling their support line.
I bitch to their management all the time saying "I pay for support, give me someone I can understand who actually knows what they are talking about". I'm not racist, I just want service for the money I'm paying and I ain't gettin' it.
LQ
To: Archangelsk
Let's take our business away from them. Yeah. Let's boycott business application and database software as individuals, that'll teach them a lesson.
*** Also, you can certainly boycott banks and credit card companies that outsource their IT jobs. All you have to do is close your account and move it to another one. Maybe even a small independent?
18
posted on
10/12/2003 11:24:58 AM PDT
by
boycott
To: boycott
Yeah. Some of us individuals work in the corporate world and make decisions.Uh-huh. Yeah. Ya know, I never make a statement like that unless I've got the props and cred to back it up. If you can make an autonomous 500K decision on Oracle 9i then congratulations, however, the skeptic in me tells me different.
19
posted on
10/12/2003 11:35:10 AM PDT
by
Archangelsk
(JULES: He gave her a foot massage. VINCENT: A foot massage?)
To: Brian S
Why should anyone be surprised that business will move to countries that appreciate them rather than countries that consider them just another taxpayer to rip off?
20
posted on
10/12/2003 11:45:19 AM PDT
by
Voltage
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