I know they will never stop, and judging by everything this summer will be very unpleasant for all of us, bt at what point do they plan to reach the numbers planned for the cuts and stop with the mass restructuring and layoffs. Is there a timeframe... read more
Topics regarding layoffs at Oracle Corp.
To be honest, I’ve never seen a more depressed atmosphere at the company. Layoffs are present. On top of that,I don’t even see our leadership in the media, bragging as they used to do , how were the leaders in every market segment. Has Oracle just... read more
I will graduate from college next week, and I am engineer student, is Oracle a good company where I will have a future?
Ever? Like trying to match new pay of an employee who is quitting or something like that? A friend recently wanted to leave a startup he's been with for two years for a job at a more established company, and they bent over backwards to keep him - and... read more
Oracle recently merged support (ACS) and managed cloud services (MCS). Any ideas why? I heard they are now reporting on-premises support revenue as cloud revenue. That would explain this odd merger.
Many from our region left within a month...are you witnessing the same in yours?
I left Oracle about two months ago and working for an SI. I was surprised to hear from a team that recently released an application on OCI that it’s pretty good in terms of performance. They found some bugs in the implementation of Kubernetes but... read more
Yes I'm searching for a job, it's not that easy. I just wanted to shout somewhere so someone maybe will listen or will share their experience My managers ignoring my team, we never have a catch up! absolutely ridiculous, I've never worked with such... read more
Oracle is changing its corporate structure globally this June. This is unprecedented, as Oracle has not made such a large structural change to its legal corporate entities in decades. Oracle HR is preparing for some massive corporate restructuring... read more
Are, Cloud 3.0 rumors real? What’s the strategy on this one? Again mimic someone else?
From my understanding .. Gen2 is a new strategy but not equivalent to OCI. Can anyone explain what is Gen2 ? I thought it is something related to on-premise business.
https://www.nytimes.com/interactive/2019/business/highest-paid-ceos-2018.html Oracle has not just one, but two of the highest paid CEOs on the above list ^^^^^. And for those gargantuan paydays, what kind of returns are the Two Stooges producing? A... read more
Summary Employees tell us that Oracle has been quietly laying off thousands of people all spring and that they fear there's more to come. A Wall Street analyst said that Oracle's growth had been paltry at best and that it seemed to be losing market... read more
I heard Oracle is kicking out all employees who came through acquisitions. The round of lay off started and will resume in the next few weeks.
OCI uptake is not healthy and is only happening at a tiny fraction of projections. This is putting MASSIVE pressure on Dee Jay and his management team to deliver. It is. It happening and thus the layoffs are happening as a result. Plenty of people in... read more
Why is Oracle laying off some of its most experienced employees and then hiring outside people to fill positions they could have (and should have) been promoted to? No money is saved that way. The new person still gets the high pay that could have... read more
Why would anyone think they "should have" been promoted? There's no logic at Oracle that moves you up the ladder in management. They can hire anyone they want and employees don't have rights to any job promotion. It's just how they do things and it's... read more
Last day as per the notification is 31 May for my group , today we realised that the unversed stock units are gone from our accounts . There was an initiative for us to be moved to a different org now looks pointless.
How is Nepotism/Politics in Oci?
Waiting for the layoffs this Thursday (3/21). Knew it was coming eventually, but not this quick. I decided to ride it out because I'm lazy and I like getting paid to do jack. Already have interviews lined up with TC higher than what I was getting, so... read more
Where does LE’s next big investment goes after oci’s failure
It has been a question for me if this framework has any customer? Considering that OCI didnt pick this up and went with some react stuff IIRC. The github for it https://github.com/oracle/oraclejet seems to be active, but I do not know if there is any... read more
The market looks at employees, especially in sales as a cost. So does the two CEOs of Oracle. A cost... to be reconciled. The company spent 1.98 billion trying to sell their products during the last quarter, with the result yielding a gross income of... read more
I am hearing rumors that SEC is investigating Oracles cloud biz. This comes as no surprise... Anyone hearing the same? Please share what you know and what you experienced while employed at the company.
There have been several posts about WLS.... one says it's dead.... one says they are hiring. What is the true story. I would guess it would around as long as on-premise is there. Is it used in other areas? What depends on WLS?
Heard from folks in China that, when Oracle shut down CDC, it gives out N(1 month/per year) + 6(months) for the severance package, if you sign the the agreement. Any detail for the severance package in US?
How do they expect us to tackle the market in segments where we are behind the competition, and where we can use every creative and knowledgeable “head”. Have they made peace that we won’t gro in those segments and are we just now in a process of... read more
I was looking at https://hazelcast.org/use-cases/oracle-coherence-replacement/ to evaluate this for my new workplace as session caching to replace coherence cluster that costs f--- tons. I do not know if the statement on the page is true and... read more
The parallels to IBM’s road to demise with bad product decisions, arrogance, and total detachment from the market place/ customers, plus all the unnatural financial contortions are unmistakable. Discuss
There is layoff/re-org happening on next and another in June. That's pretty much what I know .. lol
On premises and cloud business at Oracle will be split in two. New clearly defined organizations will be formed to support both. I spoke with a friend earlier this week who is a sales engineering manger at Oracle. He said he has heard of a massive... read more
Folks, its NOT about technology. Oracle is 10 years behind the market but that's not why Oracle cloud will never be a profitable business for Oracle. The problem is TRUST. Customers don't trust Oracle owning their data and apps. Any commercial... read more
I get that, in a realistic sense, the company won’t fail or have significant damage over one person that it lose or even several people, but can a company, that was built on knowledge and innovation of its workers really afford to use that statement... read more
Huawei on Wednesday will introduce a new AI-powered database system powered by ARM chips. An analyst called the move "the first salvo in the US-Chinese database wars." https://www.businessinsider.com/huawei-ai-powered-database-2019-5
Is this a possibility that oracle will trim down and reduce the workforce and is doing this whole thing about splitting global services from the rest to prepare for a take over? I mean is it even a possibility considering the size of oracle?
Saw that a lot of folks left on their own in the past year, so what comes to mind is the question whether the leadership counted on that and saw that process coming? Do they welcome the attrition, in light of the goal for the company to go under 100k... read more
To begin with: WebLogic is reduce to core developers, just maintenance and very small features JDeveloper is on maintenance PSM is dead Application container cloud is dead.
Two weeks left in the fiscal year and another 2 or so weeks until results are made public - and then the world will know what a total sh--show oracle is. Down the drain she goes!
Hearing Dyn got shut down finally. Anyone have confirmation on this? Are they laying off all of the staff?