Excellent story but it gets one thing fundamentally wrong - it wasn’t sales people manipulating things, it was oracle top management which desperately wanted to produce cloud revenues. Is this oracle already trying to shift blame?! Check it out:... read more
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Topics regarding layoffs at Oracle Corp.
With so many layoffs, why are there so many job openings at Oracle? What's the point? Can people who have been laid off apply for any of them?
Just a few example --- https://finance.yahoo.com/quote/ORCL?p=ORCL ===================================== RM LAW Announces Class Action Lawsuit Against Oracle Corporation Bragar Eagel & Squire, P.C. Announces That a Class Action Lawsuit Has Been Filed... read more
Without naming your customers (unless you are gone and don’t care), what are some of the crazy unethical practices you have seen at Oracle? Let’s help those Firefighters pension funds who are suing Oracle.
The 3 stooges should be forced to return the hundreds of millions they got in incentive and other compensation for committing Cloud fraud
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.
https://finance.yahoo.com/news/equity-alert-rosen-law-firm-223400469.html ========================================= .... According to the lawsuit, throughout the Class Period defendants issued false and misleading statements regarding Oracle’s cloud... read more
The old and rotten Oracle ship is on its way down. If you are still on board, you can hear the creaking of the timbers and the rats scurrying through the corridors. The crew is mostly gone or jumping ship, while the clueless rats spend their time... read more
Good read for those trying to figure out how deal with the fact they were laid off or even fired during their next job interview. At least I found it interesting... read more
The culture and morale in the CSM Hubs is at an all point low! They preach employee success but have yet to see them actually commit and deliver. Rumors are wild on every campus (TX,MA,Canada). What's the real story here? Do we have jobs? Are jobs... read more
https://finance.yahoo.com/news/bernstein-litowitz-berger-grossmann-llp-205500530.html =========================================== NEW YORK, Aug. 10, 2018 /PRNewswire/ -- Bernstein Litowitz Berger & Grossmann LLP ("BLB&G") today announced that it... read more
https://finance.yahoo.com/news/important-investor-notice-schall-law-183000761.html ========================================================= IMPORTANT INVESTOR NOTICE: The Schall Law Firm Announces the Filing of a Class Action Lawsuit Against Oracle... read more
https://www.businessinsider.com/insider-reveals-how-some-oracle-salespeople-were-really-selling-cloud-2018-8 ====================== In August, 2017, Oracle's massive salesforce received an email from Rich Geraffo, Oracle's executive vice president... read more
No major layoffs reported this past week. Total since 6/1/2016 remains at 19,850. Things are getting interesting but don’t let that distract you from looking for jobs elsewhere, things are only going to get worse at oracle.
==== https://www.bloomberg.com/news/articles/2018-08-10/oracle-accused-of-defrauding-investors-on-cloud-sales-growth ===== ...The suit claimed that Oracle’s executives lied in forward-looking statements, which are never guaranteed, during earnings... read more
from another thread: "this is for example a couple of the latest report on real cloud share ww: https://www.channele2e.com/channel-partners/csps/cloud-market-share-2018-aws-microsoft-google/... read more
Entire CSM renewals team is out on streets in APAC. Expect 30-40% head count reduction across the board in APAC... Bloodbath everywhere.
I am NA ECA covering 3 large enterprise accounts and been pretty successful with them. Being here for a long time (10+ years), I have heard my share of rumors and usually do not panic. I was told today, though, by someone I totally trust in... read more
it finally happened---- even SC shmooz with POTUS did'nt change a thing..! from this point on-- oracle cloud is officially inferior in the marketplace.. ==================... read more
Oracle’s database service offerings could be its last best hope for cloud success. https://techcrunch.com/2018/08/08/oracles-database-service-offerings-could-be-its-last-best-hope-for-cloud-success/ Yesterday Oracle announced a new online transaction... read more
Big layoff in Apps UX today. At least 25% of cloud UX group affected.
Amazon Gains Competitive Edge in Cloud With Aurora Serverless https://finance.yahoo.com/news/amazon-gains-competitive-edge-cloud-140902871.html
The Oracle Startup Cloud Accelerator program was marched out as Oracle's way of reaching new innovators and the younger hipper crowd as a market to sell cloud services and platforms, but from what I hear the ROI on this is not good as startups are... read more
There will not be a "HUGE" layoff on August 31 or any other day. The layoffs are gradual, affecting a couple of departments at a time. They can and will happen anytime. With few exceptions (e.g. Netsuite), Oracle's products are considered "legacy."... read more
What a total boneheaded LE is to have fired KB and kept MH! KB totally kicking a-- at SFDC, oracle sinking to the bottom of the ocean. Stupid is as stupid does!
How many by group and location ? Please share the info you have so we can get and share the full picture since oracle won’t as usual
Looks like 250 people were laid off this last week, including in TK’s development org, and cloud. That brings the total since 6/1/2016 to 19,850. Surely more layoffs coming down the pike. Keep looking for new jobs!
Its pretty clear that layoffs are coming and the best way to see it is to follow the tweets of Oracle leaders. https://twitter.com/MarkVHurd/status/1024411908361912320 We want the best talent at @Oracle and we invest in it. Welcoming 160 examples of... read more
They are hiring and will train his replacement. The kid just graduated from Canada community college with a gpa of 1.9. He will save O a lot of money. O is going down the tubes.
Oracle is still advertising job positions in the UK (Reading, London, etc), including for roles that are being laid off elsewhere. Are these Oracle job postings for real? With Brexit and the exodus of companies from London to other European... read more
Changing career. My 24 years of Oracle DBA not as marketable anymore. Everywhere is going for SQL Server, Azure and good to have Cassandra/MongoDB. Though, SQL Server seems to be a lot easier to grasp. Just the backup recovery itself would not need a... read more
JU org lost 20+ employees from the VP and directors all the way down the ranks. Most were just waiting for it to happen.
Hold on to your chopsticks
It is no secret that everything and everyone is moving into the cloud, surprise right? Three business lines will hit FY18 hard are CX, OMC, and ODC. Try to move to any of them if you can. They did their share of layoffs last year and now they are on... read more
for all those still doubtful about the future of all HW org (and I mean all... including ES) here is a fact: all the HW field eng in EMEA/APAC with a grade IC3 or IC4 have been downgraded to IC2. the roll out will depend on specific countriy's rules... read more
Oracle has an entirely new BU: RaaS - RIF As A Service We're industry leaders!