Winning strategy = fire 920 people
Ruling by force hits the nail on the head. Every natural instinct you have to speak up about your concerns and contribute your ideas is drilled out of you within your first few months at Oracle. You are indoctrinated into the world of top-down management in this morale- and motivation-k–ling company. There are better companies out there.
Step by step coming closer to the end...
DOA/NPA PORTFOLIO WINDING DOWN. Hey LE, time to start selling your assets to cover your massive debt. what goes around comes around. haha
The most interesting part of the read is the EWC insinuation of "we already warned some of the Oracle strategy could end in this".
Reading previous EWC writings, it is clear that the "strategy" EWC already referred in some of the previous writings is the Cloud fraud.
Weak management caused this current round of layoffs, poor accounts given to teams and then fake results celebrated. At VP level where the cut will start he only believed what he wanted to from weak managers/directors not qualified for the role. Typical case of "Group Think" in an organization and what happens when a group (VP and directors) rule by force and not consensus.