According to this https://www.cnbc.com/2019/12/05/oracle-shows-buybacks-can-go-too-far.html Oracle has spent in buybacks 41B in just the last 5 qrtrs, much more than the 10B/Y figure. Actually, Oracle has turn to debt to fuel the buybacks... — read more 

https://www.irishtimes.com/business/technology/fears-for-dublin-jobs-as-oracle-believed-to-be-cutting-1-300-roles-1.4192769?mode=amp

The Irish Times reports that it learned from workers at Oracle’s Dublin offices that the tech giant will eliminate up to 1,300 positions in Ireland, Holland and Spain. Oracle has been restructuring its workforce dramatically over the last year as it... — read more 

No coherent go to market strategy in most lines of business, infighting over who owns an account rather than equitable account alignment across the whole business (field and inside sales), SE resource only for renewal accounts, virtually no market... — read more 

Dear colleagues, on January 27th 2020 the European Works Council (EWC) has been notified by European management that they are planning transnational changes that might lead to a significant reduction in force. These kinds of plans require the... — read more 

Honestly. If Oracle can't win awards for cloud technology, surely they can win the award for strategic and "quiet" layoff strategies. As Oracle's position in the marketplace and lackluster sales continue to go down in flames, they are slowly and... — read more 

Any opinions? Discuss it here?

No major layoffs this past week. Total since 6/1/2016 remains at 25,376. Keep looking, nothing good on the horizon!

Does anyone know smt about the big reorganization in OD? I mean CX and Fusion Applications...

I'm working on a cover story about #parenting in #SiliconValley, from parental leave policies at big tech companies to the high cost of childcare in the region. Know any parents in tech who might want to weigh in? If so, please pass along my email:... — read more 

Keith Block left Salesforce and Options Market is HEAVY today on the rumor that Block is heading to Oracle. Jim Cramer on CNBC today was drooling about this guy as a "winner". Block might be good but he was riding the coattails of Benioff and... — read more 

I am providing you all with the link to the latest legal filing that outlines the years of CLOUD FRAUD. this is possibly the main reason for mass layoffs. https://www.blbglaw.com/cases/oracle-corporation?viewDocs=1

In late January, this board was ablaze with rumors of bigger lay offs in CX and other teams in CD org as well as scary meetings taking place in corporate in early February, but all is quiet again. Where did the Ax-Man go with all of his inside... — read more 

On the Fortune list of most OVERPAID CEOs last year Well, yeah, we all knew that

S**t I had few O stocks and when I am checking it now in fidelity they are showing as all stocks expired :(. At least they should have send me an email alert that they are going to expire. O is great in taking things back :D

Oracle is one of the fastest declining skillsets over the last 5yrs From the US perspective https://www.techrepublic.com/article/the-top-20-tech-skills-of-the-past-5-years/ (37% drop) And from the UK perspective, just look at that... — read more 

Well, well, well, turns out TK considered oracle cloud offerings to be “awful” and “atrocious” . Isn’t that what we’ve all been saying on this forum? Looks like some investors were paying attention and suing O!

About 100 people laid off this past week through a number of smaller layoffs through O. This brings the total since 6/1/2016 to 25,376. Keep looking!

All the stealth layoffs do is prolong the inevitable. Not fooling the analysts. When the cash runs out for the massive stock buybacks, which it will soon, ORCL will hit the wall over a short period of weeks not months. Huge layoffs will follow. ... — read more 

https://www.theregister.co.uk/2020/02/21/oracle_cloud_fake_sales_allegations/

Possible major shakeup in the consulting org is coming. RIS, RMS OBIEE engineers and managers have been let go last week. Not sure of the total impact, or numbers. This is not good. Its indicative of a lack of business at Oracle. You don't let... — read more 

https://www.marketwatch.com/story/hundreds-of-oracle-workers-stage-walkout-to-protest-larry-ellisons-fundraiser-for-trump-2020-02-20

I have no faith in CD running NAA. Rumors were that CX Renewals would be on own and then they moved it under CB who runs the customer success and she slaughtered that team within 4 days of running it. That's when the first RIF happened. CD never... — read more 

Rumors on this board of significant changes and/or restructuring for Oracle Corporation coming in April. If that is right, then we have some time to chill. I want to direct your attention to a couple of... — read more 

40 people in CX laid off last month and more cuts coming in June. Time for those standing to start looking for new jobs with thriving companies.

Will tear your world down in day. No guts use some Metric Microsoft manager to lay you off..

Will be terminated as of tomorrow 2/19/2020. Working in Bay Area, CA. I was not given 2 months WARN notice and wanted to see if any others got laid off in the area and whether or not they were provided WARN notice?

And winter with them.

Disclosure: I work for a small competitor

True or false? What are your thoughts?

No major layoffs this last week. Total since 6/1/2016 remains at 25,276. Reasons to leave multiplying by the day, keep looking!

Google Cuts Jobs at Cloud-Computing Group - WSJ No paywall - http://archive.is/Uf66O Paywall - https://www.wsj.com/articles/google-cuts-jobs-at-cloud-computing-group-11581719153

Do you think the company is prepared to change from a 2 CEO system down to 1. I’m not sure why 2 CEOs was necessary in the first place. Seems like two people splitting one job. It seems like having only one now will at least streamline some... — read more 

from what I can tell id you are in OD or a BDC be prepared for change. this may be speculation from anecdotal evidence but the CX org is looking to change and change radically. Im not sure how true this is but apparently things are not good. just... — read more 

The walls are thin. Overheard a conversation regarding significant cuts and reorg in oci. No job is safe and no stone will be left unturned. Best chance of reaching the next vest date would be to work on a service where the revenue exceeds what... — read more 

Is it possible to ask for a salary revision here at Oracle based on an offer from a different company? How should those discussions be initiated with the manager? What implications it might have?

Are there any layoffs expected in OSVC , IDC -BLR . VP left, senior director demoted and made to retire, SVP changed. What next?

I think it's time for a new motto. That should be a complete game changer right? Just like all the other chair shuffling and posturing that's going on, while everything goes to sh–. Why not? We need something we can all rally around, though. ... — read more 

20% of internal support (Oracle IT) will be laid off by end of March 2020. Some people already left in anticipation.

Talking to many internal SaaS and (non ODB) PaaS teams, none of them seam to know why they're performing as poorly as they are. Especially with regards to attracting new customers to existing products or new products to existing customers. My... — read more