Thread regarding Oracle Corp. layoffs

The "old Oracle" isn't coming back, ever. I loved it too. I had a great job in the old days. Unfortunately, LE in 2008 ridiculed Cloud computing (look it up on YouTube), saying it was "like the women's fashion industry." He bought Sun, got rid of their very innovative Cloud platform, and spent billions on Sparc CPU R&D that now must be written off. He acquires Nimbula in 2013, thinking it would compete with VMWare. That didn't work either. Then in 2014, they realized that Cloud was really a thing, leased space in Equinix data centers in Elk Grove and Ashburn, and tried to build a Cloud with Nimbula. It didn't scale, and it was underfunded. Then in 2016, they had to start over with Gen 2 (Bare Metal) Cloud. Most of Oracle's PaaS runs only in Nimbula. So, Oracle cloud is not competitive, and customers deploy new apps on other Clouds. Those apps go on non-Oracle databases. Therefore, revenue will continue to decline, margins will continue to erode, and layoffs will continue.

@Sl5PUXP-xlc : if these are the results of a 100% cloud-aligned company, then maybe better step back to what we were some years ago. Poor quarterly results, stocks going down, lowest ever employees morale apart from the useless youngster just hired. Not to say that our so-called cloud is just a crappy expensive joke, and whoever is really working with it knows this simple truth.

Please give me back my old Oracle, the new one is really a disaster (thank you so much Mr H), just surviving because of what the old Oracle has done in the past (i.e. the cash flow still coming in thanks to the old mercenaries in Mr H words)... think about this simple fact: without all the money that Oracle has used in the last 2Q to buy-back millions of stocks, how much would be now ORCL?

The race for the rock bottom cheapest support model continues.

ifconfig interface plumb ip netmask up

iirc do I get the job lol

Most Oracle employees are fully supportive of Larry and the CEOs. Everybody within Oracle has bought into the Cloud strategy and support it 100% so don't get confused that internally Oracle is in disarray as it's not. The company is executing to the defined plan.

There is FUD because of the mismanagement of the company by the guys at the top. The competition is rooting for Oracle to keep the 3 stooges and TK in their places. They are the reason for the FUD.

It's all over with at Oracle. Cheap replacements are everywhere, not just in the sales area with the class of kids. You can't just put cheap bodies in place of people who knew what they were doing and win. It's all over. I predict more layoffs next year, after the big one in May.

Who cares? The guy that took my job is not trainable. After trying a little systems work, 6 months later remains incapable of assigning an IP address to a port and making it work. If you're in BRM, you know.