System News
News
22 Oct 2009
#22512
Oracle President Meets with EU Competition Commissioner
Sun SEC Filing Reports Planned Job Cuts

The European Union (EU) confirmed that Oracle President Safra Catz met with EU Competition Commissioner Neelie Kroes for negotiations over the company’s acquisition of Sun, which disclosed in a SEC filing this week that it plans on cutting up to 3,000 jobs due to the delay in the acquisition.
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