The new layoff is scheduled for January when you return. Business model will change, sales organization will go through restructuring and ECAs will be cut. Happy holidays!! This is not a fake news. Just wait and watch.
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Topics regarding layoffs at Oracle Corp.
Failing oracle, unable to keep up with competition in the cloud had to make yet another expensive acquisition, this time of Aconex. All of which raises a simple question: why does oracle have a huge and hugely expensive Development group and how... read more
Did you folks notice the new oracle strategy? Yeah, they’re posting here, pretending to be employees/ former employees and suggesting how the rest of us should behave. Be nice to oracle, don’t criticize - it’s a small world and the arm of oracle is... read more
All people you that complain about Oracle. Shame on you. You need to support the company as it grows in the cloud space. Do the needful.
No layoff reported this past week. Total for FY18 stays at 7,275; and since 6/1/2016 at 17,275. Hopefully that’s it for this calendar year. Next calendar year looks like it has potential for continued layoffs give the remaining restructuring reserve... read more
I had a great run at Oracle but have now left the company. While I am disappointed to have left I won't bad mouth the company as this is such a small industry and word gets around.
Companies can also run Oracle database on AWS, but earlier this year, Oracle changed its licensing in such a way that it essentially doubled the cost of running and Oracle database on AWS cloud. The idea was clear: Oracle wants to make it cheaper for... read more
This is what needs to happen to Oracle, particularly TK's organization. https://www.reuters.com/article/us-uber-s-xual-harassment/uber-fires-20-employees-after-harassment-probe-idUSKBN18X2GZ
Oracle is a dream company for me but I don't know how to get hired. How did you get hired by Oracle?
"..Oracle did try to sugarcoat things (no doubt, the company is pretty good at this!). ..But unfortunately, such metrics are really just noise. .." https://finance.yahoo.com/news/oracle-corporation-future-getting-cloudy-155429927.html
Ok, it should now be blatanty clear to anybody with a brain that oracle is a sinking ship aimlessly adrift and being battered by rocks, in the process of breaking up and sinking, while the captain and his senior mates are adrift in a drunken haze... read more
"..we are clearly market leader..blah..blah..blah.."... is he..high smoking something?
https://forums.theregister.co.uk/forum/1/2017/12/06/the_ultimate_vendor_lockin_high_school_opens_on_oracle_campus/ I would seriously wonder about anyone who would let their kids go to school there willingly. Of course.. If you live in the area and... read more
https://forums.theregister.co.uk/forum/1/2017/12/08/oracles_safra_catz_joins_disney_board/ sc is moving to the mouses. Mean time oracle stock is going down under 47$. Enjoy larry e. ...
Oracle sank like a rock in after hours trading to below $48 on poor forecast and cloud performance. Hold on to your hats, it’s a long way down.
http://www.forbes.com/sites/bobevans1/2017/12/12/oracles-larry-ellison-challenges-amazon-salesforce-and-workday-on-the-future-of-the-cloud/ Oracle's Ellison Challenges Amazon, Salesforce And Workday On The Future Of The Cloud
I just want to get your feedback about Microsoft. Does Microsoft hire Oracle people?? I'm a former Oracle sales consultant. I have tried for a couple of years to get an interview with Microsoft. I'm very qualified for these positions. Unfortunately... read more
Just got word that the ECA's under Hamidont will be consolidated this quarter. Taking out the redundant management (LE, RL, AL) and cutting out bottom 10% of performers (or upper 10% of age depending on what your methodology is). This is supposed to... read more
This was posted in another thread: There WILL be layoffs on Monday. The 10 minute calls are already set up. from @QDMPlO8-zwd Did anything happen? Were there layoffs on Monday?
Are there any senior execs left at oracle? Seem like there are more departures every week. Soon it will be the three stooges, some A-kissers and the new college kids, and that will be it. Nobody with any knowledge and experience and Brian’s left.
Any idea when Oracle will resume the Green Card process. I was told six months from September, the time of Solaris layoffs. It should resume on March. Any news on the status and if it still the same?
https://www.marketwatch.com/story/oracle-earnings-cloud-concerns-weigh-on-stock-2017-12-11 Oracle Corp. appears to be in a more predictable stage of its cloud transition, but those predictions haven’t lived up to expectations so far. After Oracle’s... read more
Oracle is at it again trying to get money out of google for Java, having lost a whole bunch of lawsuit already. More than anything, this should make it clear to everybody how much oracle’s cloud and other business s---s and therefore how utterly... read more
I've often wondered if demoralizing employees is the goal. Demoralized employees are more likely to leave so it lowers layoff costs. It doesn't seem to matter that demoralized employees are unproductive so they cost more money than layoffs. Oracle... read more
Looks like there were layoffs in EMEA this past week, some uncertainty around the numbers. I will call it 25. That brings the total number for FY18 to 7,275, and since 6/1/2106 to 17,275. Lots of restricting reserve $ left for FY18. Happy holidays... read more
On the one hand I can’t believe SC will not have the opportunity to run another company into the ground; on the other there is something deeply satisfying about the image of SC and Mickey Mouse, maybe because both are such a joke.
I was offer job to work at Oracle but am not sure - what should I do???
I graduate year but have offers from Uber, Twitter and Oracle. I’ve felt inspired when I see Larry Ellison but people say bad things about him here. Why you bad?
Is it over yet? Nope the layoffs will continue through June 1st 2018 in a prolonged year long reorg. Its built this way by design. Its like ripping the band aid off painfully for 365 days. But wait, it gets worse. Yep straight through the holidays... read more
Anyone caught MH's townhall today? Is it more of the same as before?
So what are the chances that the analysts will finally ask some real questions about oracle cloud? Such as is it real or just a fiction? How much of the cloud revenue is generated through cloud washing? How many people has oracle laid off in FY18 and... read more
Looks like LE’s luck is running out, analysts are now openly discussing how oracle has fallen behind all the other cloud companies, including IBM. See story in Barron’s. Get ready to put up more collateral for your borrowing LE as the stock goes... read more
maybe..top 5000 list?..... https://www.glassdoor.com/Award/Best-Places-to-Work-LST_KQ0,19.htm ---- 1-facebook..#5-Google..#11-SAP..#15-salesforce..#39-Microsoft.. 77-Deloitte..#83-Accenture..#84-Apple..#96-Starbucks..#99-KPMG..
It is interesting to note that in May of this year, after approving a 1.1 Billion dollar severance package in the Oracle 10Q, and before 3 consecutive quarters of layoffs at Oracle, MH calls the layoff warning "Fake News."... read more
The top exec compensation details were revealed in an investor presentation filed with the Security and Exchange Commission. https://www.sec.gov/Archives/edgar/data/1341439/000119312517276868/d449795dex991.htm BUT interesting that it is better to be... read more
I just found out about a cloud development person laid off in August in the Denver area. They are having a difficult time finding work. Maybe an IT-type job that would use oracle tools would work? They have jdev, java, ADF experience. Anyone?
Now on Oracle’s Campus, a $43 Million Public High School https://www.nytimes.com/2017/12/03/technology/now-on-oracles-campus-a-43-million-public-high-school.htm It's very touching......a warmer and kinder Oracle. Maybe Oracle could have used the... read more