Oracle (ORCL) layoffs have hit the former Tekelec team in North Carolina, according to WRAL TechWire. Specific headcount cuts could not be pinpointed. Oracle declined to comment for the report.
Oracle acquired Tekelec in 2013 to push deeper into network signaling, policy control, and subscriber data management solutions for communications networks. At the time, Oracle said more than 300 service providers leveraged Tekelec's technology to manage network workloads and associated application deployments. The overall strategy called for Oracle to combine "Tekelec with leading capabilities from Oracle Communications and Acme Packet."
It's unclear how that effort has performed overall, but IT spending among big service providers has been sluggish in recent years -- especially as more corporate workloads shift to public clouds like Amazon Web Services and Microsoft Azure.
Oracle Cloud Services
Oracle itself has been pushing hard into cloud services. CEO Mark Hurd predicts the company will rank among the top two SaaS suite providers for the long haul. The recent NetSuite acquisition reinforces that point.
Oracle is expected to disclose its latest quarterly results on Monday, March 15, 2017. Wall Street is expecting revenues of $9.25 billion, which would represent a year over year growth of 2.7%, according to Seeking Alpha.
Oracle in late January cut about 2,000 employees, according to multiple reports. The company reportedly trimmed its SPARC hardware and Solaris developer teams during that round of layoffs.
