A parting gift at PeopleSoft

David Duffield, the founder and former chief executive of PeopleSoft, a business software company, isn't just walking away from the thousands of workers who have been laid off since the Oracle Corporation acquired it last December after a bitter takeover battle. Instead, he is giving grants of up to $10,000 each to many former PeopleSoft employees who lost their jobs and have had problems finding work ...

Duffield is not resting on his largess. Ogden [a former PeopleSoft manager chosen to supervise the fund] said Duffield was planning a new software company, but he declined to discuss details. "Right now it's just called 'Dave's Next Move,' " he said ... if he needs help, Duffield could probably find a ready pool of workers among those he has helped through Safety Net. "I know plenty of people who would drop everything to work for him," Ogden said.

- nice of him. Wish we had such a boss around in the Fast Crash period.

(2005-06-15 13:10:44 SGT) [Biz] Permalink

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