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Oracle Corp's recent hostile offer for PeopleSoft Inc. served as a rude awakening for the technology sector. High-tech employees were once considered indifferent to takeovers -- they were needed to continue running an acquired business and could readily find new jobs if they were fired. However, uncertainty in the tech job market and declines in stock option values have made high-tech employees more vulnerable.
June 20, 2003 at 12:00 AM
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The original version of this story was published on Law.Com
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