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    <div>&#160;</div>
    <div><br>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">
        <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><a name="001"><br></a></div>
      </div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 18pt; FONT-FAMILY: Times New Roman">UNITED
STATES</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 18pt; FONT-FAMILY: Times New Roman">SECURITIES
AND EXCHANGE COMMISSION</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Washington,
DC 20549</font></div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt; TEXT-ALIGN: center">___________________________________</div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 18pt; FONT-FAMILY: Times New Roman">FORM
8-K</font></div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">CURRENT
REPORT</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Pursuant
to Section 13 or 15(d) of</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">The
Securities Exchange Act of 1934</font></div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Date of
Report (Date of earliest event reported)</font></div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">October
15, 2009</font></div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">
        <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt; TEXT-ALIGN: center">___________________________________</div>
        <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 18pt; FONT-FAMILY: Times New Roman">TALEO
CORPORATION</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">(Exact
name of registrant as specified in its charter)</font></div>
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              </td>
              <td valign="bottom" width="3%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
      </font></td>
              <td valign="top" width="24%" style="BORDER-BOTTOM: black 2px solid">
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      </font></td>
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      or other jurisdiction of incorporation)</font></div>
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      </font></td>
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      File Number)</font></div>
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              <td valign="bottom" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
      </font></td>
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      Employer</font></div>
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Identification
      No.)</font></div>
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      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">4140
Dublin Boulevard, Suite 400</font></div>
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CA 94568</font></div>
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of principal executive offices, including zip code)</font></div>
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452-3000</font></div>
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telephone number, including area code)</font></div>
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name or former address, if changed since last report)</font></div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Check the
appropriate box below if the Form 8-K filing is intended to simultaneously
satisfy the filing obligation of the registrant under any of the following
provisions (see General Instruction A.2. below):</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
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      </font></div>
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                <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">[&#160;&#160;]
      Written communications pursuant to Rule 425 under the Securities Act (17
      CFR 230.425)</font></div>
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                <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">[&#160;&#160;]
      Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
      240.14a-12)</font></div>
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                <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">[&#160;&#160;]
      Pre-commencement communications pursuant to Rule 14d-2(b) under the
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                <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">[&#160;&#160;]
      Pre-commencement communications pursuant to Rule 13e-4(c) under the
      Exchange Act (17 CFR 240.13e-4(c))</font></div>
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      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
      <div>
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                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Item&#160;4.02(a)</font></div>
              </td>
              <td>
                <div align="justify"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Non-Reliance
      on Previously Issued Financial Statements or a Related Audit Report or
      Completed Interim Review</font></div>
              </td>
            </tr></table>
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      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Since
fiscal 2006, Taleo Corporation (the &#8220;Company&#8221;) has licensed software from a
third party provider to automate the administration of its employee equity
programs and calculate its stock-based compensation expense.&#160;&#160;After
upgrading to a new version of the software provided by the third party in
September 2009, the Company <a name="WhereYouWere">identified differences in the
stock-based compensation expense of prior periods and, after reviewing such
differences, identified an error in its accounting for stock-based compensation
expense.&#160;&#160;The third-party software provider has advised its users that
the new version of the software corrects an error in the prior version with
respect to the calculation of stock-based compensation
expense.&#160;&#160;Specifically, the prior version of the software incorrectly
calculated stock-based compensation expense by continuing to apply a weighted
average forfeiture rate to the vested portion of stock option awards until the
grant&#8217;s final vest date, rather than reflecting actual forfeitures as awards
vested, resulting in an understatement of stock-based compensation expense in
certain periods prior to the grant&#8217;s final vest date.&#160;&#160;The Company&#8217;s
correction of the error results in changes to the timing of stock-based
compensation expense over the vesting period of the awards during the relevant
periods, but does not change the total stock-based compensation
expense.&#160;&#160;As stock-based compensation expense is a non-cash item,
there is no impact to net cash provided by operations in any
period.&#160;</a></font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">As a
result of identifying the error, on October 15, 2009, the Company concluded that
accounting adjustments were necessary to correct certain previously issued
financial statements.&#160;&#160;Accordingly, the Company will restate those
financial statements and record total cumulative additional stock-based
compensation expense of approximately $2.5 million for the fiscal years ended
December&#160;31, 2006, 2007 and 2008 and the quarters ended March 31, 2009 and
June 30, 2009.&#160;&#160;Specifically, the Company will record increases in
stock-based compensation expense of approximately $1.2 million in fiscal 2006,
$1.3 million in fiscal 2007 and $0.2 million in the quarter ended June 30, 2009,
and will record reductions in stock-based compensation expense of approximately
$0.1 million in fiscal 2008 and $0.1 million in the quarter ended March 31,
2009.</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">In light
of the error and pending restatement, the Company&#8217;s consolidated balance sheets
as of December 31, 2006, 2007 and 2008, and the related consolidated statements
of operations, stockholders&#8217; equity (deficit), and cash flows for each of the
fiscal years ended December&#160;31, 2006, 2007 and 2008 and related auditors
reports theron, and the Company&#8217;s consolidated balance sheets as of March 31,
2009 and June 30, 2009 and the related consolidated statements of operations,
stockholders&#8217; equity (deficit), and cash flows for each of the periods ended
March 31, 2009 and June 30, 2009, should no longer be relied upon.</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">The
Company currently expects to file restated financial statements for the affected
periods prior to its earnings call for the quarter ended September 30, 2009 or
as soon as practicable thereafter. The Company expects to file its Quarterly
Report on Form 10-Q for the quarter ended September 30, 2009 on a timely basis
and expects that it will be able to announce its financial results for the
quarter ended September 30, 2009 as previously scheduled.</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">The
decision to restate the Company&#8217;s previously issued financial statements was
made by the Audit Committee of the Company&#8217;s Board of Directors, following
consultation with and upon the recommendation of management.&#160;&#160;The
Company discussed the matters relating to the restatement with
PricewaterhouseCoopers, LLP, the Company&#8217;s independent registered public
accounting firm (effective May 28, 2009), and Deloitte &amp; Touche LLP, the
Company&#8217;s previous independent registered public accounting firm.</font></div>
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      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">SIGNATURES</font></div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 45pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Pursuant
to the requirements of the Securities Exchange Act of 1934, the registrant has
duly caused this report to be signed on its behalf by the undersigned hereunto
duly authorized.</font></div>
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              <td align="left" colspan="2" valign="top" width="37%">
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      CORPORATION</font></div>
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              <td valign="top" width="3%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
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      </font></td>
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      </font></td>
            </tr><tr>
              <td valign="top" width="3%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
      </font></td>
              <td align="right" valign="top" width="37%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">By:</font></div>
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      <font style="DISPLAY: inline; FONT-VARIANT: small-caps">Katy
      Murray</font></font></div>
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      </font></td>
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      Murray</font></div>
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Executive
      Vice President and Chief Financial
Officer</font></div>
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16, 2009</font></div>
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form8_k.htm
UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington,
DC 20549
___________________________________
FORM
8-K
CURRENT
REPORT
Pursuant
to Section 13 or 15(d) of
The
Securities Exchange Act of 1934
Date of
Report (Date of earliest event reported)
October
15, 2009
___________________________________
TALEO
CORPORATION
(Exact
name of registrant as specified in its charter)
Delaware
000-51299
52-2190418
(State
      or other jurisdiction of incorporation)
(Commission
      File Number)
(IRS
      Employer
Identification
      No.)
4140
Dublin Boulevard, Suite 400
Dublin,
CA 94568
(Address
of principal executive offices, including zip code)
(925)
452-3000
(Registrant's
telephone number, including area code)
(Former
name or former address, if changed since last report)
Check the
appropriate box below if the Form 8-K filing is intended to simultaneously
satisfy the filing obligation of the registrant under any of the following
provisions (see General Instruction A.2. below):
[  ]
      Written communications pursuant to Rule 425 under the Securities Act (17
      CFR 230.425)
[  ]
      Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
      240.14a-12)
[  ]
      Pre-commencement communications pursuant to Rule 14d-2(b) under the
      Exchange Act (17 CFR 240.14d-2(b))
[  ]
      Pre-commencement communications pursuant to Rule 13e-4(c) under the
      Exchange Act (17 CFR 240.13e-4(c))
Item 4.02(a)
Non-Reliance
      on Previously Issued Financial Statements or a Related Audit Report or
      Completed Interim Review
Since
fiscal 2006, Taleo Corporation (the "Company") has licensed software from a
third party provider to automate the administration of its employee equity
programs and calculate its stock-based compensation expense.  After
upgrading to a new version of the software provided by the third party in
September 2009, the Company
identified differences in the
stock-based compensation expense of prior periods and, after reviewing such
differences, identified an error in its accounting for stock-based compensation
expense.  The third-party software provider has advised its users that
the new version of the software corrects an error in the prior version with
respect to the calculation of stock-based compensation
expense.  Specifically, the prior version of the software incorrectly
calculated stock-based compensation expense by continuing to apply a weighted
average forfeiture rate to the vested portion of stock option awards until the
grant's final vest date, rather than reflecting actual forfeitures as awards
vested, resulting in an understatement of stock-based compensation expense in
certain periods prior to the grant's final vest date.  The Company's
correction of the error results in changes to the timing of stock-based
compensation expense over the vesting period of the awards during the relevant
periods, but does not change the total stock-based compensation
expense.  As stock-based compensation expense is a non-cash item,
there is no impact to net cash provided by operations in any
period.
As a
result of identifying the error, on October 15, 2009, the Company concluded that
accounting adjustments were necessary to correct certain previously issued
financial statements.  Accordingly, the Company will restate those
financial statements and record total cumulative additional stock-based
compensation expense of approximately $2.5 million for the fiscal years ended
December 31, 2006, 2007 and 2008 and the quarters ended March 31, 2009 and
June 30, 2009.  Specifically, the Company will record increases in
stock-based compensation expense of approximately $1.2 million in fiscal 2006,
$1.3 million in fiscal 2007 and $0.2 million in the quarter ended June 30, 2009,
and will record reductions in stock-based compensation expense of approximately
$0.1 million in fiscal 2008 and $0.1 million in the quarter ended March 31,
2009.
In light
of the error and pending restatement, the Company's consolidated balance sheets
as of December 31, 2006, 2007 and 2008, and the related consolidated statements
of operations, stockholders' equity (deficit), and cash flows for each of the
fiscal years ended December 31, 2006, 2007 and 2008 and related auditors
reports theron, and the Company's consolidated balance sheets as of March 31,
2009 and June 30, 2009 and the related consolidated statements of operations,
stockholders' equity (deficit), and cash flows for each of the periods ended
March 31, 2009 and June 30, 2009, should no longer be relied upon.
The
Company currently expects to file restated financial statements for the affected
periods prior to its earnings call for the quarter ended September 30, 2009 or
as soon as practicable thereafter. The Company expects to file its Quarterly
Report on Form 10-Q for the quarter ended September 30, 2009 on a timely basis
and expects that it will be able to announce its financial results for the
quarter ended September 30, 2009 as previously scheduled.
The
decision to restate the Company's previously issued financial statements was
made by the Audit Committee of the Company's Board of Directors, following
consultation with and upon the recommendation of management.  The
Company discussed the matters relating to the restatement with
PricewaterhouseCoopers, LLP, the Company's independent registered public
accounting firm (effective May 28, 2009), and Deloitte & Touche LLP, the
Company's previous independent registered public accounting firm.
SIGNATURES
Pursuant
to the requirements of the Securities Exchange Act of 1934, the registrant has
duly caused this report to be signed on its behalf by the undersigned hereunto
duly authorized.
TALEO
      CORPORATION
By:
/s/
Katy
      Murray
Katy
      Murray
Executive
      Vice President and Chief Financial
Officer
Date:  October
16, 2009