We estimate that Oracle will have to cut Siebel's operating costs by approximately... $350m to $400m in order to meet its previously stated accretion goals. -Robert Stimson

 

We estimate that Oracle will have to cut Siebel's operating costs by approximately... $350m to $400m in order to meet its previously stated accretion goals.


Comments

There are not yet any comments on this quote. Why not register / login and be the first?




This quote is just one of 9 total Robert Stimson quotes in our collection. Robert Stimson is known for saying 'We estimate that Oracle will have to cut Siebel's operating costs by approximately... $350m to $400m in order to meet its previously stated accretion goals.' as well as some of the following quotes.

We have been hearing that further headcount reductions among PeopleSoft and J.D. Edwards employees may occur shortly as the company begins to implement its longer-term vision for Fusion.

Robert Stimson

We estimate that Oracle will have to cut Siebel's operating costs by approximately... $350m to $400m in order to meet its previously stated accretion goals.

Robert Stimson

We estimate that Oracle will have to cut Siebel's operating costs by approximately...$350 million to $400 million in order to meet its previously stated accretion goals.

Robert Stimson

We believe that this latest round of price cuts may be indicative of pricing pressure Oracle is experiencing from low-cost database alternatives such as Microsoft's newly released SQL Server 2005 and open-source offerings.

Robert Stimson

We expect Oracle to immediately execute a round of layoffs targeted at Siebel's back-office and administrative employees.

Robert Stimson