Customer right in SF Market St, shouted Solaris and SPARC are dead - Why should I pay support cost?
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Topics regarding layoffs at Oracle Corp.
many hush-hush hallway conversations confirming massive layoffs coming to the company very soon. The size and scale is unimaginable but the complete failure of cloud and the ERP products has major repercussions that must result in massive layoffs... read more
There are people posting about upcoming layoffs because they want their peers to panic, find another job, and quit. In their mind this will solidify their own job security. Don’t fall for it.
Nothing major to report this week. Total for FY18 remains at 7,150; total since 6/1/2016 at 17,150. This is far from over, keep looking for other opportunities
The irony of oracle hard turn to cloud and abondonment of on-perm apps like Siebel, JDE, etc is that IT swings back and forth between centralized and decentralized and with the limitations of cloud becoming more obvious by the day, oracle could have... read more
Found in another post. Any truth to this? Netsuite will be ok for awhile. In fact most folks on the ERP side are quickly jumping ship and moving into Netsuite. ERP Cloud is a joke and is nothing but financial deals. There was a plan to throw as many... read more
I am planning to join Netsuite. Any layoffs in this GBU?
I don’t get this. It was my understanding that Cobra enrollment form will be in the termination package I received on Tuesday. That was not the case and so I called 3rd party which told me that it will arrive in 7 to 10 business days. Now note that... read more
This only covers major layoffs, not stealthy ones that take place nearly all the time. https://americaclosed.com/oracle-layoffs-2017-hardware-unit-struggles-as-firm-shifts-its-focus/
A Group Vice President for Enterprise Cloud Architecture just got out of a meeting with HD who was proudly touting his plan for zero field Sales Consultants (Sales Engineers) in FY19. You heard that right. Everything is going to the hub in FY19. New... read more
Any news about focal annual salary review this year? Doesn’t it happen in Dec1 if it’s there?
Why won't Oracle get rid of Pillar engineering? The product never did sell, the all flash array was a bomb and the product never really worked. Is it because of Elllison's seed money? The Pillar management has to be some of the most inept management... read more
Send email to ReportH1BAbuse@uscis.dhs.gov
Well we know who gets treated at oracle: the useless senior execs who are grotesquely overpaid, and we know who gets tricked through all kinds of screwy incentive comp/ sales commissions plans. Oracle - the horror story
When folks in Amer and APAC are getting RIFed, how come the entire EU team is intact ? Is it because every single person in EU is more able and qualified than APAC and Amer ? I understand that EU layoff laws are stringent, but still stringent doesn't... read more
Got laid off awhile ago and still have friends in the GBU's - good people. Any word on those in the UGBU or FSGBU, esp in the States and Europe?
A small layoff in India this week, fewer than 10 people? The total for FY18 remains at 7,150 laid off; 17,150 laid off since 6/1/2016. Be well all and keep looking for better opportunities. Just a question of time till your number at oracle is up.
Bodes well for the Nov. ending quarter given what all the other big tech stocks have been reporting. I'd recommend loading up on ORCL and await your prize!
AWS operating profit of $1.2 billion jumped 36 percent compared to the previous year, showing that competitive pressures and the massive investments required to maintain a world-class cloud computing platform aren’t taking a toll on its bottom line... read more
Well, well, well, no surprise here: oracle new excessive executive pay package yet again slammed by ISS - share holder should vote against it. See Bloomberg.com. Same old sh*t, rewards them for just existing rather than doing their jobs.
MSFT now has a $20bn a year cloud business; oracle - oops not so much. Failure! For geniuses LE, MH, SC. No surprise here! Eat your heart out LE!
http://www.foxbusiness.com/features/2017/10/24/at-oracle-its-all-about-cloud-wsj.html Chief Executive Officer Mark Hurd says the move is in the customers' best interest Business software giant Oracle Corp. is in the midst of a massive transition... read more
Fortune - Sept 2009 http://fortune.com/2009/09/10/the-enforcer-who-is-oracles-safra-catz/ "Catz certainly has reason to be thankful herself, having built a fortune unthinkable for most investment bankers. Since 2004 she has earned $27 million in cash... read more
No, you aren't special, just like techies found out in 2001. That was but a flesh wound compared to what's coming this time around.
Can someone, who has gone through recent layoffs in CA, shed some light on logistics, and pros and cons of healthcare coverage through COBRA vs ACA (Affordable Care Act) aka Obamacare ? I understand that Oracle will pay for one month of COBRA beyond... read more
KAD VP to take over RMD India on 1 Dec. Current RMD asked to handover business to KAD VP
calm down folks- layoff keep stock price healthy - bourses love layoffs As a company there are only 2 groups of stake holders we need to keep happy -customers and shareholder, costs keep customers happy and profits keep shareholders happy. of... read more
2 IIA fired Location Gurgaon India. Looks like now focus is India.
4-5 managers level in Hospitality GBU asked to leave on 24 Oct.
Found an interesting article on how much money tech companies invested in lobbying so far this year, and Oracle is at the top with the highest increase and nearly $9 million spent so far this year. I'm really not sure where I stand on this. On one... read more
What is up with these reviews on Glassdoor??!! Someone would give Oracle 4 out of 5 rating but then say the only way to get a raise at Oracle is to leave and get rehired? management lacks people skills!! people list everything that a good company... read more
Layoffs coming: 964 in Santa Clara and 54 in San Diego Effective on October 31 WARN notice available on the government's website: http://www.edd.ca.gov/jobs_and_training/warn/WARN_Report_for_7-1-2017_to_10-10-2017.pdf
Rumor has it more cuts are coming next week. Sign up for FedEx delivery to see if you have a fedex waiting for Wednesday Nov 1st. Oracle plans on winning the cloud war through software and machine learning. People are seen as error prone, costly and... read more
Quiet on the layoff front this week. Totoal for FY remains at 7,150; total since 6/1/2016 say 27,150
No matter how much oracle is trying to portray itself as a cloud company, it’s just another version of old IBM type IT company. As such it needs to be valued based on the cash flow from primarily - declining - support revenues plus some on-prem... read more
So what's the deal with all of the job postings? I click on the Open Positions on the lower right hand side of the internal page and have emailed the hiring managers and have not heard anything. I've probably applied to 20+ open positions and I've... read more