Thread regarding Oracle Corp. layoffs

Has Oracle cut it’s way to profitability yet?

Asking for a friend.

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Post ID: @OP+15xdBbBq

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Safra is having trouble cooking the books, because the rate of acquisition of new companies with promising technology that can be gutted and not integrated has dried up.

Acquisition was the only tool in the Oracle playbook. Nothing was invented at Oracle but the db.

When acquisition possibilities dry up, Oracle can do nothing. You can't buy a cloud and Oracle can't build a working one.

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Post ID: @4vmu+15xdBbBq

Safra is having trouble cooking the books, because the rate of acquisition of new companies with promising technology that can be gutted and not integrated has dried up.

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Post ID: @4gmt+15xdBbBq

Billions in buy backs and then chopping technical bonuses with bogus comp plans = higher EPS and executive payouts

No investment in its people or technology

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Post ID: @1vqa+15xdBbBq

Oracle is very profitable but it’s hard to cut your way to growth which has been far more elusive. Spending Billions on stock buybacks which artificially inflates EPS so execs can hit bonus targets vs. investing in real innovation is more likely the cause of zero growth.

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Post ID: @dny+15xdBbBq

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