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Oracle buys Taleo for $1.9billion
February 14th, 2012Software giant Oracle has entered into an agreement to acquire Taleo, the provider of cloud-based talent management technology.
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Oracle will pay $46 per share and plans to create a comprehensive cloud offering for organizations to manage their Human Resource operations and employee careers.
Thomas Kurian, executive vice president, Oracle Development, says: “Human capital management has become a [...] -
McDonald’s to create 2,500 jobs in the UK
February 2nd, 2012The fast food restaurant will create thousands of jobs, and the majority will go to young people.
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McDonald’s has announced that it will create 2,500 jobs in 2012, and will see 30% of these go to first-time workers, while more than half will go to people under the age 25.
Over the last three years McDonalds has [...] -
AstraZeneca axes 7,300 jobs, warns of profit fall
February 2nd, 2012LONDON (Reuters) – AstraZeneca is cutting a further 7,300 jobs and expects earnings to fall 14-18 percent this year as patents on key drugs expire and governments in Europe and the United States squeeze prices.
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Britain’s second-biggest drugmaker said on Thursday the latest phase of cuts, equivalent to 12 percent of the workforce, would deliver an [...]