I work in Marketing at Oracle and we just had a big RIF yesterday, not sure about other departments. Why did it happen? We do have some new executives in Marketing, was it deliberate to replace low performers or forceful because of company not doing well?
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Fixer that for you!
Not everyone who votes is a fellow Oracle employee.
Why do people downvote this?
There are two places at Oracle where you NEVER want to work; Sales and Marketing. Marketing especially. In the last few years, so many have come and gone in the marketing departments. I would say its the scariest part of Oracle. Never work for Oracle marketing. Its a death knell.
Once marketing and sales get slapped, it is downhill fast....with no sales pipeline, there is no revenue, with no revenue there will be no R&D. It is just a matter of time. If LE survives, plan must be to bust up the various BU, who never get along anyway. As long as Safra can continue to cook the books all will be well. TikTok merger will help cover for a few quarters. LE can market that as "loose in the cloud".
Sad news for the Oracle employees affected–there were some REALLY talented people on the Oracle cloud & database product marketing team who worked very hard to make the company successful on an extremely limited marketing budget. They were literally making lemons from lemonade! Many of these folks had great relationships with partners, customers & industry groups, which won't be replaceable.
I hope the competitors snap these people up, great chance for AWS, Salesforce, Google, SAP, VMWare and others to snap up some great people. Good luck to all of those caught in this latest RIF.
What groups?
The new executive marketing leadership team is mostly cast offs from other companies and people who don’t even have a real technology marketing backgrounds (Leather hand bags, really?!”).
I was on the marketing RIF List. My bosses were let go & had no insight into who was going. I heard it was bean counters doing it by salary $$. Only junior people are left now in Product Marketing. Very dumb move by AK & new Major Dumos AH and RB. I am surprised LE let this go through. Things must be really bad financially. The end result is they are left w junior people & execs who don’t know the market or the customer. What enterprise software company hires someone to be head/SVP of Cloud Marketing who doesn’t know cloud tech? Would love to know what the new folks are getting paid who are doing the cutting.
Why did it happen?
Who knows. Try not to spend too much energy asking why did it happen, because there is no satisfying answer to that question.
Was it deliberate to replace low performers?
It is more likely that the bean-counters created a spreadsheet and your name was on it. That's all. It's not personal. They probably have no way of identifying low performers versus top performers. Don't give it much thought, because they sure didn't, trust me.
Was it because of company not doing well?
Ya, maybe.
Hope this helps. Best of luck in your future endeavors. Take care.
Perhaps it's because they had a lot of folks with poor communication skills.
For example: "deliberate" and "forceful" are not opposing adjectives. Nor are "replacing low performers" and "the company not doing well" separate reasons for a RIF.
No great loss. "Oracle Marketing" is an oxymoron anyway.