Thread regarding Oracle Corp. layoffs

Future of Oracle

Talking to many internal SaaS and (non ODB) PaaS teams, none of them seam to know why they're performing as poorly as they are. Especially with regards to attracting new customers to existing products or new products to existing customers.

My gut feeling says there's something larger happening at Oracle. There's a sense of dispair and hopelessness in leadership that's even worse than when I started 5 years ago. The total lack of central purpose and direction of the company, means its drive and intent is atomised to first line management, who are mostly clueless about the content of our propositions.

They hired process managers, perhaps capable of running a stable database monopoly, for all products, most of which were not as dominant in their market. In stead they should have hired disruptors and intrapreneurs that would find a way to combine the broad set of acquired technologies with the robust brand of a global powerhouse.

Much the same as MSFT and ADBE have successfully been doing. But there, it took at least a new CEO and senior leadership team; which may be why Oracle feels more lost than those companies did before their turnaround.

You can still find the right type of people with the product teams though, especially when it involves a recent acquisition. The CTO's of an acquired company are usually better at conceiving of a new GTM within Oracle. The fact that a lot of them are leaving, and that old school Oracle database guys are left running product leadership, means that the CEO/CTO is perhaps our biggest problem.

Oracle looks to me mostly as an investment vehicle of its owner. An owner that used to be brilliant in acquisition strategy but seems absent and unavailable to strategy discussions now. In some places, it looks like an internal hedgefund is doing ruthless asset stripping.

Oracle is great as a box of technology components, for people that either wish to work on developing those, or are happy to build their own narratives around those, for their existing customers. But there's almost no room for any other role and it doesn't provide a basis for a global entity. It's much more efficient to do massive LBO's around the good products and let these define their own GTM again.

by
| 4754 views | | 12 replies (last ) | Reply
Post ID: @OP+13r9ZdfY

12 replies (most recent on top)

You all forgot the magic of Taleo.....you had better do your Performance Reviews. And you better spend all your free time taking those online classes...That is where the 70% savings comes from, SC can pop up her spreadsheet, sort on Column C and see how much money she can save the company monthly by firing the top 20%. If Taleo says you are not doing anything to improve yourself, that is a big negative....and on it goes. AI = Artifical Idiocy.

by
| | Reply
Post ID: @3rag+13r9ZdfY

@1bsk+13r9ZdfY

Just to repeat, everyone make sure that you ALWAYS do your reviews, especially if you are doing good work. Don't let your manager con you out of doing yours by telling you it doesn't matter.

People took credit for work I did and the manager could point back to my lack of a review as proof that I didn't really do the work.

ALWAYS fill out your review, even if your manager does nothing with it.

by
| | Reply
Post ID: @1oxs+13r9ZdfY

Oracle's internal systems and processes are not something to be proud of.

by
| | Reply
Post ID: @1yyl+13r9ZdfY

"Cutting the time for talent reviews by more than 70%. These are the kind of concrete benefits Oracle is getting..."

What a crock, in the time I've been at the big O I've never had a review of any sort. I've had a manager or two mention it and then never heard one more word about actually doing it. So how can anyone claim a time savings on something that isn't t done?

Or do managers submit some generic BS into the system to make it look like reviews are happening?

by
| | Reply
Post ID: @1bsk+13r9ZdfY
The move to cloud applications and infrastructure has put the company on a path of ever-increasing efficiency....

LOL, what a bunch of BS. SC will be worse than MH. At least he knew something about sales.

Ok, so now the solution is to just be more efficient...... before it was marketing and they needed a new director.... then before it was just a sales problem.... on and on and on.

The problem is development. The products are C-ap! Because the products are c-ap, marketing and sales have to lie to the customers to sell anything. That's the problem, SC, that's the problem. You could do something to fix it if you wanted to, but you're not gonna do anything are you?

Just make up sh– and take the money. That's the oracle way!

by
| | Reply
Post ID: @1oax+13r9ZdfY

Anyone buying this b—s—

https://blogs.oracle.com/oracle-ceo-safra-catz-what-moving-to-oracle-cloud-has-done-for-us?source=:em:nw:mt::RC_WWMK190422P00021:NSL400021363&elq_mid=152584&sh=080608261308190624160926100533321417&cmid=WWMK190422P00021C0026

Closing the books in 12 days or less. Cutting the time for talent reviews by more than 70%. These are the kind of concrete benefits Oracle is getting from using its own cloud applications, benefits that CEO Safra Catz described on the company’s second-quarter earnings call on December 12.

The move to cloud applications and infrastructure has put the company on a path of ever-increasing efficiency, using the new capabilities and intelligent automation to continuously simplify its business model and processes. In turn, Catz said she expects the company’s revenue growth rates and its efficiency to increase.

Plus, Oracle and its customers are seeing another big bonus. “Though we have thousands of customers and references, our own experience adopting Oracle Cloud applications and infrastructure allows us to serve as a unique and knowledgeable advisor to organizations that want to know how to go about their own digital transformation,” Catz said.

by
| | Reply
Post ID: @ovx+13r9ZdfY

What I see in Oracle is called short term, save yourself and corruption.

And this mentality comes straight from the top. When you want mercenaries and ruthlessness, you get exactly that. For the "good" (despite customers hating you) in the past and for the worst (added to customers hating you), now.

by
| | Reply
Post ID: @lhj+13r9ZdfY
In any other company executive heads would have rolled for such a failure.

This is a serious problem at Oracle. No one in the management ever seems to be held accountable. I have seen really bad and corrupt managers just moved from one area to another. There is a loyalty to one another that seems to override basic common sense, in that really bad managers need to be permanently removed from the company. The top of Oracle is crowded with incompetent management and they are kept simply because the other management feels sorry for them. There is no bottom line at Oracle. It's not really run as a business, it's mostly just a charity for wealthy and incompetent men who don't have any other place to go.

by
| | Reply
Post ID: @vsb+13r9ZdfY

I just can't believe how bad our SaaS ERP is. The fact that such a dysfunctional pile of garbage as FA is our only option for replacing all our old apps just proves we will have no real presence in that market long term. How we went from a huge growing applications business a decade ago to barely treading water today is an embarrassment. In any other company executive heads would have rolled for such a failure.

by
| | Reply
Post ID: @cjf+13r9ZdfY

My opinion on why the SaaS products are struggling:

  • Oracle has tarnished their reputation around customer support and success. Modern cloud companies sell the customer experience and Oracle has no message or history of success in this area. Combine that with grass roots feedback from business to business on how Oracle has treated them.
  • We barely have any skilled SE’s left. Oracle’s pay and treatment of SE’s has run off 95% of the talent we once had. You’re not going to win when you can’t show the product well.
  • Oracle has no susinct marketing message to the market about why a company should invest in our Saas.
  • Sales is completely disorganized with no go to market strategy and no top down vision. We also don’t not have a repeatable and successful sales evaluation process, which our competitors do and are successful with.
  • Running on our own technology stack is a negative and not a positive.
by
| | Reply
Post ID: @luh+13r9ZdfY

I believe it is a death by a thousand cuts so no individual team can say with certainty what the issue is. But when you water down your support services, cut back on product development in the products that are most loved by customers, cut back on marketing for those same products allowing customers to breed uncertainty and competitors to put doubts into their minds, staff your teams in every area with young and unqualified sales people who can't actually solve customers issues and only serve to annoy by over reaching to customers who know 1000x more than they do, customers will catch on and see that there is no real long term plan or that the long term plan is highly questionable and only serving the shareholders and not the customers themselves. This has been building since the push to the cloud started 5+ years ago when the company was clearly not ready and in that time the strategy has shifted time and time again to the next big product that will rescue the O.

They would be better off retreating and investing in the known assets that produce while stabilizing the business for sale. The current strategy seems to be to double down on promises that have no chance of happening while trying to stay under the radar of having "major corporate cuts". It's a dog and pony show and the customers are smart to understand that they are not being served well. Fortunately most operate on systems that they can manage from decades previous. But they know something is up too. It's just a matter of how long can they keep the systems together before they need to move on to something that is not the O.

by
| | Reply
Post ID: @gty+13r9ZdfY

I worked to integrate technical teams from acquisitions into Oracle. Oracle came in with a Lotta flowery promises that somehow never seem to pan out. Usually the top technical people, and often top management, were the first beat a path to the door, and many followed. That always seem to me to be a feature and not a bug at least as far as Oracle was concerned.

by
| | Reply
Post ID: @qso+13r9ZdfY

Post a reply

: