Looks like about 20 people were whacked in the commercial and ERP space this week. That brings the total for FY18 YTD to 8,750, and since 6/1/2016 to 18,750. End of FY coming quickly, keep looking for new jobs.
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Topics regarding layoffs at Oracle Corp.
http://news.cmlviz.com/2018/04/30/breaking-down-oracle-corporation-nyse-orcl--stock-drop-below-support--technicals-hit-extreme-weakness.html Oracle Corporation has a one bull (extreme weakness) technical rating because it's trading below the 10 day... read more
Its been awhile since I was at Oracle, but it was a fun ride. Back in the day Oracle was filled with seasoned professionals that really knew their stuff. When MH came in we knew the ride was over. I left back in 2012 when he practically doubled the... read more
Hearing that in order to reduce the sales force, the plan is to simply give field reps %50 credit for non-cloud sales, while keeping their quota the same as last year. Sales leadership figures its cheaper to have the reps quit than to pay severance.
https://seekingalpha.com/article/4168895-oracles-cloud-transition-match-success-stories There are 4 pages to look through. Great graph on page 2 of Oracle's decline. Here are some quotes: Oracle (NYSE:ORCL) is still in the midst of its seemingly... read more
Check Oracle's Investor Relations website and select "Financial Reporting" and then "SEC Filings." As you can see, TK has filed three Form 4s over the past week. Now, why would he be selling all of these shares if the Company is about to take over... read more
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Get ready for announcement in the next 2 weeks regarding the release of Solaris 12 in early 2019. More detailed to follow.
with such a high bench rate-- managers still telling wondering staff..no worry, coming Q1-19/ we will switch to 'subscription service' model -- so rather physically sending people to client sites, there will be x number of hrs. for each consulatnt to... read more
Last big layoff everyone got one...it means they are getting ready to send out the FedEx packages...
Nothing ever ceases to amaze me when I see MH BS his way through an interview. Here are some of his outrageous comments that are misleading at best. MH reiterates that Oracle will grow revs double digits this calendar year. Really??? Oracle has had... read more
It was the most fun out here. Liked that picture of the grim reaper sitting between LE and MH.
No major layoffs this past week. Total FY18 YTD remains at 8,730 and since 6/1/2016 at 18,730. Rumor of a big one coming on 5/31, keep looking all!
Fake news is posted on this board as Solaris is alive and well and will be used for many more years by large established companies who are disinclined to move to Linux. Sure, if I were 22 years old and right out of college I wouldn’t want to take a... read more
oracle Partners are the real winners of the oracle strategy. Customers don't rely anymore on oracle services. Customers don't ask for oracle consultancy. Most of the oracle partners have hired the oracle experts that were laid off. oracle consultancy... read more
Any information about Oracle APAC and changes and layoffs?
All other countries have been done. Only UK left so far. Rumors say end of FY.
Since we all pretty much know by now that huge layoffs are coming at the end of next month, I thought this was a good thing to post right now. At least to know where to look for a new job and what to skip... read more
Now, what I have heard is that they are going to take Oracle digital and start allowing the kids to travel. They get rid of the reps, SC's, and ECA's making about $150k base + bonus and replace them with kids that will make on average between base... read more
Rumors are an announcement is coming soon about a dramatic change in senior management. Hints have been made here in the layoff forums and have been deleted because they may contain personal health related information. You can figure out the rest.
Oracle doesn’t make transfers easy for anyone. HR doesn’t care one bit. The deck is totally stacked against the employee. The rules governing transfers at Oracle require you to notify your manager before you speak with any manager outside your group... read more
Date: April 23, 2018 at 9:59:18 AM CDT Subject: AUDITIONS: Oracle's Got Talent 2018 Wednesday, May 2nd & Thursday, May 3rd 3:00 p.m. – 5:00 p.m. W1078 Training Room 2300 Cloud Way Austin, TX 78741 Oracle Austin invites you to our annual talent show:... read more
But is the rumor true???
Interesting twist on the layoffs, new rumor is that Sun will be spun off to Fujitsu. Also field sales and field sales engineering are going to be let go. The Sun deal wont require layoffs as the majority of the employees will change hats. Field sales... read more
Site admin getting overly active - yet another thread gone! What’s with that ?! In any event, hopeful the SEC has time to take down the initials. Go get em!
customers are not stupid!! "...Real cloud companies rent their infrastructure, build platforms customers and other vendors can build on, then sell software as a service on the platforms. Oracle’s cloud is the opposite. It’s a system for selling... read more
Why does Oracle layoff great people in one area without offering 60 days to apply for an internal shift to another group? It would seem to be financially prudent and then morally prudent for morale. Also are all the openings on Oracle Career Board... read more
No major layoff activity reported this week. Total for FY18 YTD remains at 8,730, and since 6/1/2016 at 18,730. FY year end approaching fast, get ready!
If there are layoffs at the end of Q4, when would one likely find out? Two weeks out? Thursday before? Any rumors on cloud sales engineers/solutions consultants in apps?
So much for all the FUD that Solaris is dead when it has a new roadmap which is detailed, predictable, and committed. Please now stop all this anti-Oracle rants that occur when these details are published as you simply do not have a clue.
Way to be good neighbors, millennial kids! http://www.kxan.com/news/local/austin/neighbors-say-theyre-fed-up-with-oracle-employees-speeding/1129181832
I can see that almost 80 to 90% of daily emails are cloud sales related and are international and/or from Asia,middle east and latin america.. so apparently ..some products are selling-- but not in U.S..so who is selling overseas and what the heck... read more
Where is it??? The company is doing well and you are just stirring trouble because you were RIF
https://seekingalpha.com/article/4163331-amazon-king-cloud-oracle-steal-crown “... Enter Zenedge... The acquisition of Zenedge, a cloud-based network and infrastructure security provider, was announced in mid-February. While news of this is public... read more
There was a hilarious post that someone who got laid off put a voodoo curse on MH. Apparently you can buy the curse online from a voodoo priest in Hati and this is why MH was sick and missed the CX summit last week. What happened to the post? That... read more
Catz told reporters .. the company's cloud business was impacted by a new model made available to customers three quarters ago .."That makes the appearance of a lower number (for the cloud business).. even though money is actually coming .," That's... read more
RG's directs have demanded that something be done to burn down the cloud credits financially engineered into deals of the past. HD was supposed to do this. HD, in a panic, is proposing a reorg where more 'ineffective' field jobs are move to the hubs... read more