Market Magic

Shield your job from the M&A bug

Sujata Krishnan is a high-profile IT professional working with Oracle Corporation, one of the world’s largest enterprise software firm. She started as a trainee some three years ago and moved up the ladder to the senior-executive level with Oracle, a matter of professional envy for her co-workers.

Sujata is quite satisfied with her career graph so far. However, she was a worried person some months back and that too on her job front. She had updated her resume umpteen times and was always looking for one or another headhunter and job consultants. Though Sujata has always been satisfied with her job at Oracle and she was doing her job quite efficiently, rumours were rife that the company was planning a large-scale layoff and that she was likely to fall under the axe.

The planned layoffs had nothing to do with the usual cost-cutting initiatives when a company runs into losses. Oracle has always been a big profit-making venture. However, the global business software major has also been always into some big acquisition deals. And with every acquisition or merger deal come a hoard of pink slips for employees of both the companies involved.

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posted by Arhaan @ 7:02 PM