SINGAPORE: As a first step, the $2.8-billion US-based company has decided to cut 1,000 jobs across the globe. But this move may not affect its South Asian operations, says the daily in its special report. “The job cuts will be more in the back-office operations where there is duplication,” said Murray Creighton, vice-president (Japan and Asia Pacific) for Peoplesoft, indicating that India was unlikely to see big job cuts. According to Creighton, India is a crucial market for Peoplesoft as it offers very huge potential for its products and also takes care of the global services requirements of the company. The company, the daily said, is even thinking of expanding its solutions centre in India as part of its long-term strategy. However, a restructuring in India is on the cards when Peoplesoft takes up integration of business with JD Edwards around October. In the solutions business, the companies have different partners — Peoplesoft has a tie-up with Hexaware, while Chennai-based Covensys is the Indian partner for JD Edwards. “We will take up the integration for Japac (Japan and Asia Pacific) in October,” said Creighton, without divulging further details. The takeover has already changed fortunes for the better for the US company, which expects to save around $160-207 million. It will also see revenue growth of $30 million during the current year. Creighton said the takeover was more about expansion rather than integration, and assured that customers had nothing to worry. The company, according to the report, also indicated that it would support the Linux platform if there was strong demand from customers for the same. (Courtesy: ET)