Tagged: Oracle

Posted: October 25, 2011 at 8:34 pm

Daines Sells Out, Bozeman Jobs Uncertain

Montana news outlets reported this week that Steve Daines just sold Bozeman’s largest employer, Right Now Technologies, to Oracle for a cool $1.4 billion payout.   As NBC Montana reports,

“Oracle is a billion dollar company with a history of massive layoffs.”

And while the company offers the standard vague assurances that it “will remain in Bozeman” they don’t say to what degree this will be the case.  After all, Oracle’s nerve center is based in Boise, ID.  Even if they “remain,” there is no law to stop Oracle from continuing the increasingly common practice of bringing in lower cost out-of-state or foreign employees while letting go higher priced long-termers who are Montana citizens.

Nor do we know what the specifics are of the deal Daines signed–except that he’ll have a whole lot more cash to pour into his congressional campaign account.