Not a wet eye in the house
Topics regarding layoffs at Oracle Corp.
Ok, having two CEOs was stupid and expensive, but now we hear that O will have a single CEO - SC, which is id–tic. Welcome to management by spreadsheets by somebody who has no experience with either technology or sales. The O strategy is to milk... — read more
No major layoffs this past week. Total since 6-1/2016 remains at 25,276. Keep looking folks, keep looking, no future in staying at O.
So Oracle is moving OpenWorld to Las Vegas starting 2020. Says SF too expensive and sordid. (Or is it no one wants to pay much to go to an Oracle user conference any more but O Hope's the Larry Lovefest will draw if there is gambling and vice on... — read more
Oops! Not a good quarter, stock down
CR's central support group was divided into separate orgs now with product dev teams - no wonder RS left ! Seems there isn't going to be a replacement EVP. ACS moved to the chief customer officer org under JE. Let the games begin....
Is there any confirmation on this rumors? I have heard some people were verbally offered but, has to wait until January if the job offer stands. Especially in North America OCI
Now is the time to make a move to another company. Right now people are finding it easier to move because companies have fewer choices. I know someone in management who went to a single company, passed through all levels of interviews quickly and... — read more
Has anyone else heard this going around the last few days? Workflow/hiring freeze, very interesting considering how many open rec’s there are....
HG-M not running. Has been selling steadily. Without him and MH, Oracle plans only 13 directors. Why does this matter? No new "independent" director, less governance to counter buybacks and stoodges. Your fates are... — read more
Total rumor: someone leaked information from an executive brainstorming session where the selling off of old technologies was discussed. Fusion apps, the whole telco stack, all the old financial apps, surrendering the cloud war and focusing on... — read more
Share any updates you may have about Oracle Layoffs 2020? Any news or rumors?
I would like to share with you my thoughts on Oracle Cloud as someone who has worked for a partner/customer for many years. I just am so frustrated by using their cloud I need to vent somewhere! That being said, I know that my living at the moment... — read more
CR, EVP Support, leaving 31-Dec.
It will good for his pocket $$$ at the end. What do you think? Why not, everybody else do it. Smarter :-) http://www.msn.com/en-ca/news/world/google-co-founders-step-down-as-execs-of-parent-alphabet/ar-BBXINsk?ocid=ientp
https://www.cnbc.com/2019/12/05/oracle-shows-buybacks-can-go-too-far.html The multiyear buyback binge cost more than a third of today’s market value for Oracle and has pushed the company into net debt despite sporting $35.7 billion in cash and... — read more
https://www.latimes.com/business/story/2019-11-14/dont-ask-larry-ellison-about-womens-pay-at-oracle "Public pay disclosures would be costly and time-consuming " "Instead, the board said its existing efforts to promote women in tech, and the... — read more
I moved out of oracle and my current workplace is considering this as an open source function as service solution on openshift. I am wondering if this is dead and the people working on it mostly gone or the project still alive and thriving
Well here we all are at the end of another block-buster Oracle quarter.... or are we? How did the quarter go? Are all web apps suddenly working seamlessly with one another? Have the customers suddenly stopped hating Oracle and are now begging at... — read more
I've been laid off in 2017 in the layoff wave in Europe. Now I was contacted by individuals claiming in no uncertain terms that there is an open position at my previous job (they did provide details that only Oracle would know) and if I'm interested... — read more
Yesterday was my last day at O, it finally happened and it was bound to happen. I have to be honest, it fell good. I started back in OCI-C and I really liked my job, that of course changed when the first mass layoff happened in march when Seattle... — read more
About 100!laid off this past week in North America, including Contract Management in San Antonio. That brings the total since 6/1/2016 to 25,266. Keep looking folks, keep looking, this is not going to get any better.
A people hire B people. B people hire C people. C people hire D people. D people hire F people. F people have to hire someone, so they divide their groups into those who can and those who can't. Those who can't become the boot-lickers... — read more
This maybe useful, almost all of the cos listed are present in the Bay Area: Company name: Docker Headquarters: San Francisco Funding through 2018: $180 million in 5 rounds Company name: Cloudera Headquarters: Palo Alto... — read more
This company-wide all hands meeting on Thursday, what else could it possibly mean? No one remembers anything like it before. They wouldn't do something so big just for SC leaving. My bet is: Larry needs to escape with his ego intact. Oracle lost the... — read more
Having two CEOs was always an incredible waste of money. SC was just a glorified accountant, who I guess LE needed to give a CEO title to in order to keep her around. Guess she wasn’t good enough to handle finance and sales/ops. Yet so many teams... — read more
No major layoffs past week. Total since 6-1-2016 remains 25,266. Keep looking. Holidays always good for connecting with old friends and acquaintances.
RIF happening today (11/19), unsure of scope, small team in OCI already got the news. More to come. Post ID: @126YylPZ-zfg Any more info on this? Location? Group?
Todays Stockholder meeting was shocking and disturbing. This year the company chose to only provide audio coverage. Not surprisingly, the 2 stooges and the rest of the Board did not approve the stockholder proposal regarding full transparency in... — read more
OCI days are numbered Full Article: https://www.businessinsider.com/ibm-oracle-amazon-forrester-report-2019-11 Dave Bartoletti, the vice president and principal analyst at Forrester, predicted that IBM and Oracle, both considered laggards in the... — read more
Washington Post in an article about share buybacks and how executives profit from them, called out S.C. as the biggest seller of stock while the company was buying back stock and she was proclaiming oracle stock to be a great buy
I've seen this analogy here many times. Some people describe things as too many chefs competing for the little bits that are left. Some people say there aren't enough chefs who can dream up anything new, Oracle mostly copies what competitors are... — read more
Customers are trying to get off of the Oracle DB, which is really all that Oracle has. The rest of Oracle's stuff is c-ap. Lots of purchased applications bolted on in various ways, sabotaged on the inside by in-fighting and sabotaged by the upper... — read more
This is huge if real: https://twitter.com/cloud_opinion/status/1192919766698213376?s=20
No major layoffs this last week. Total since 6/1/2016 remains 25,266. Keep looking folks and have a good Veterans Day!