BANGALORE: PeopleSoft India, Country Manager, Thiru Vengadam has resigned from his services and is currently serving his notice period of one month. "I think Oracle does not want us to serve them anymore and because of the quiet period, I am not able to comment any further on the integration process and its consequences," he commented quite dejectedly.
Vengadam is not the only chief of a country operation to walk out, his Australian counterpart David Webster, PeopleSoft Australia managing director and Murray Creighton, regional chief, PeopleSoft have also left the company.
Oracle had announced last week, the reduction of 5,000 jobs in PeopleSoft, following the $10.5 billion hostile take over. The number of causalities in India is unclear. " We have no further information about the integration process country-wise, other than what is available in the Website," said a spokesperson for Oracle in India.
On his future plans, Vengadam quipped, "I have about 12 years experience in enterprise software applications with SAP and PeopleSoft. I might probably join another enterprise software company."
This leaves the merged entity in a search for a new head of operations, as late last year, Oracle India MD, Shekar Das Gupta announced his decision to move on. "The process for identifying the successor of Gupta is still on," an official at Oracle India confirmed. He is to continue his services until May of this year.
While PeopleSoft's direct strength in India is about 100 people, the company has outsourced development work to its partners, which employs more than 1000 people, exclusively on PeopleSoft development work. Oracle employs close to 6,700 in India.
Oracle Corporation is holding a conference call late tonight with customers and partners of both companies, explaining the integration process and details of the merged entity.