Oracle has acquired SelectMinds, a provider of cloud-based, social talent sourcing apps that allow companies to use social networks such as Facebook to recruit employees. Terms of the deal were not disclosed.
It is Oracle’s year for buying companies in the human capital management market (HCM).
Employees are more empowered than ever. With the onslaught of mobile devices and computing power they now have in their own houses, most workers are now fully able to do their jobs even when they're away from the office.
The mobile revolution is in full swing. There is no denying that. Employees are more communicative, reachable and efficient—and, yes, empowered. This access and empowerment also has led to a rise in remote workers. No longer do many employees need to be physically in an office environment to get their job done and be productive.
You mean you can't fly workers in from India and work them 120 per week for $1.21 per hour? How do you expect us to make a profit?
The Labor Department said about eight employees of Fremont-based Electronics For Imaging were flown in from India and worked 120-hour weeks to help with the installation of computers at the company's headquarters.
Microsoft (MSFT) fired some 18,000 workers last week, with Nokia employees making up about 70 percent or 12,500 of the total layoffs. But what about the remaining 5,500 non-Nokia employees? Who’s most likely to get a pink slip in the next few months?