Duffield did not have to do that, and yet he did. To be fair, he has a net worth of about $1.3bn and had over $900m in PeopleSoft shares that Oracle paid him for, so he can clearly afford it. So far, according to the Times report, PeopleSoft employees have been granted a total of $800,000, with grants as high as $10,000, to help tide them over as they look for new jobs.
Duffield is expected to launch a new ERP software company any day now, and you can bet he is going to shake up the industry.
