Oracle plans to lay off up to 1000 people in European region

"Sina Science and Technology," Beijing time July 3 morning news, according to AFP in Thursday, in the recession led to a decline in net profit, Oracle plans to cut the European region up to 1000 employees, accounting for about 1% of the total number of employees around the world.

Agence France-Presse reported that the labor union in Monday and Tuesday, held at the Oracle's European Staff committee meeting to learn about the layoff news. Oracle spokeswoman Debola Heiling Deborah Hellinger declined to comment.

Affected by the current economic downturn, EMC, Hewlett-Packard, IBM, Intel, Microsoft and SAP and other large technology companies have taken the job cuts.

As of May 31, Oracle's global workforce was around 86,000, more than 84233 in the same period last year, with about 1/3 employees in the U.S. home market.