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Keyword: duffield
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Former PeopleSoft workers get a boost - Founder to award grants to some laid off by Oracle
PeopleSoft Inc. founder Dave Duffield choked back tears in December as he told his employees that the company had agreed to sell to Oracle Corp. after a bitter takeover battle. Now he is reaching out to those who got hit hardest by his team's failure to fend off the Oracle bid. Duffield is giving grants of up to $10,000 to ex-PeopleSoft workers who were laid off by Oracle and have had a difficult time finding work. The grants will be given through Safety Net, a fund that he endowed and that became operational Friday. "The shock we all felt late...
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