Oracle grows despite recession

Oracle grew its revenues in its third 2009 quarter by two percent to $5.5bn - a decent performance, but still not good enough for CEO Larry Ellison. "But for the strengthening of the US dollar leading to unfavorable currency exchange rates," he grumbled, "our non-GAAP earnings per share would have increased 29 per cent [instead …

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Posted Thursday 19th March 2009 14:12 GMT

Anonymous Coward

Shareholders vs employees

It's nice that they can afford to give shareholders some reward, and yet the people on the ground doing the work within Oracle, earning the shareholders their money, have had all pay rises (both cost of living and promotions) and bonuses frozen.

My first proper official promotion in years, and I get it just as they freeze pay rises.

Anon, for obvious reasons.

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