Thread regarding Oracle Corp. layoffs

Exec brainstorming is a nightmare for Oracle employees

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 database only. Running Oracle cloud on other cloud providers.

Who would buy the old stuff? Business partners who would basically buy the support revenue stream. The kicker was the hyper aggressive timeline to "right size" Oracle. Other option was do nothing and milk the support stream from existing customers. Apparently there is a software life cycle problem, and stuff is being retired by customers at an accelerated pace.

This is all rumor and no names were given for any sort of verification. Any one else hear about the acceleration in the "melt away" products?

Apparently the employees on these projects are picked to be transferred to another company or given packages.

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Post ID: @12f1gyZ5

15 replies (most recent on top)

O just got a new Board member. Smart, skilled. Infosys, SAP. Maybe he will become new CTO?
https://www.prnewswire.com/news-releases/oracle-names-vishal-sikka-to-the-board-of-directors-300971620.html

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Post ID: @12f1gyZ5-bsyk

It seems to fit with the melt-away strategy. I suspect LE is looking at options.... selling something could be one of them. I think it's more likely that he will sell the DB.

Also, meetings with upper management may mean absolutely nothing. These guys know nothing and sit around and BS each other. When they come up with something that sounds like a good scam, then they go for that. I think it's how they come up with some of the hairbrained ideas that never fly.

Can't trust the upper management to do anything that makes any sense. They are just posturing for each other.

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Post ID: @12f1gyZ5-bnqr

Oracle is a cult of personality. LE won’t admit he was wrong. I’d be surprised if he admitted that his acquisition strategy was a failure, and that you can’t build a new paradigm from pieces of the old one.I mean wtf was up with those telco acquisitions in the first place? That always seemed like such an arrogant move, like oh, we’re Oracle OF COURSE we can be a serious telco provider.

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Post ID: @12f1gyZ5-3fhe

After the news of new Big O lawsuit about discrimination, be sure not to tell new dates or h##kups where you work. Bad reputation.

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Post ID: @12f1gyZ5-2cdw

It's about time to make a yard sale of wall these products and invest in something that make more sense. Buy a big nonsql database such as mongodb and invest more in A.I. blockchain and other technologies that have some future.

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Post ID: @12f1gyZ5-2qom

Being sued lowers price and weakens bargaining position. This cynical Oracle suit reeks of arrogance, callous disregard, and fear.
https://forums.theregister.co.uk/forum/all/2019/11/27/oracle_wage_discrimination/

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Post ID: @12f1gyZ5-2kah

msft ...is already written...

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Post ID: @12f1gyZ5-2pvo

I think you made this whole thing up.

Fair enough, on a 100% anon forum.

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Post ID: @12f1gyZ5-1rex

DB is the only competitive offering that I had left. That said, the thinking behind the apps strategy - that O needs to own apps to ensure that they use O DB was sound - the execution was a complete travesty. Going back to the DB only strategy raises the same old strategy issues O has to start with: how do you get app developers to develop apps for the O DB?
Second issues is who would want to buy all the c-ap that O would like to sell? Not a PE play because the cash flow is not stable and reliable and everybody who’s in iT/ cloud would k is better than to buy oracle junk. So no buyers and certainly no bidding war. LE is stuck with his junk yard. That’s called truth and consequences

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Post ID: @12f1gyZ5-1vxe
Other option was do nothing and milk the support stream from existing customers.

Isn't that all we do today?

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Post ID: @12f1gyZ5-1mox

Oracle became re-do of the 1990s era ROLLUP. Those never went well. They usually unrolled and were left as what they originally started with.

Those who are ignorant of history are doomed to repeat it.

Database company to database company...guess the genius samurai either couldn't rewrite history or just stopped caring for anything except own wellbeing. #SAD

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Post ID: @12f1gyZ5-xgi

Even if what was reported was true, that doesn't mean that any of it will actually come to pass. It's still really interesting to see what, if anything comes of this.

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Post ID: @12f1gyZ5-hen

DOA cloud fraud

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Post ID: @12f1gyZ5-ane
Oracle on the other hand has been pushing new, new, new and try to get customer on new stuff by threatening to stop supporting the old stuff.

Sounds more plausible. Oracle gets a quick hit in the pocket for the quarter by selling the support contract to another company. Customer realizes that the old stuff is dead and is more likely to buy the new Oracle stuff. Its a win / win for the short term executive strategy.

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Post ID: @12f1gyZ5-heu

Companies probably aren't retiring early, but probably are not using oracle for new projects. Now, Oracle on the other hand has been pushing new, new, new and try to get customer on new stuff by threatening to stop supporting the old stuff.

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Post ID: @12f1gyZ5-syw

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