Thread regarding Oracle Corp. layoffs

Oracle Is Becoming Prominent Again

https://seekingalpha.com/article/4378788-oracle-is-becoming-prominent-again

Summary

While the company has been in the news for TikTok, we think Oracle presents a robust long-term play.
In addition to OCI becoming accepted by the industry, the company's [email protected] has shown promise to help accelerate overall growth.
[email protected] is also likely to help tide over Oracle's legacy business growth pangs by offering the on-premise customers a chance to update their on-premise databases to Oracle's Autonomous Database.
The visible sales momentum across businesses gives us confidence that the company can deliver stellar returns over the next few quarters.

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Post ID: @OP+17p6EB6P

20 replies (most recent on top)

I can’t speak from the customer side, but I supported Cloud for a couple of years and can see why Oracle is the also-ran in the Cloud space. It’s a “well known” fact. Everyday was something new that made me shake my head in wonder. Why was the cluster deployment failing? Because the tooling was released with a case statement that was flawed. Cheers to Oracle’s great quality control. And it was support that found the fault, not the dev working on the bug. Why did the customer’s production cluster suddenly stop working? Because some numb nuts in Cloud Ops deleted the thing by mistake; not a one off occurrence either. Cheers to Oracle’s hiring and training systems. Why does the customer need to open an SR then wait two days to get a patch for their 12.1.0.2 database instead of just downloading it? Because none of the architects thought about handling Cloud customers covered by Extended Support like non-Cloud customers. And does that SR go directly to the team that handles that problem? Nope. It’s routed to one team that then has to open a separate SR with another team. Cheers to Oracle’s process design.

And before all the Oracle Kool-aid drinkers start bleating about “why don’t you leave”...eff you. I did because I got tired of working in a train wreck of a company with people like you.

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Post ID: @ayox+17p6EB6P

I can’t speak from the customer side, but I supported Cloud for a couple of years and can see why Oracle is the also-ran in the Cloud space. It’s a “well known” fact. Everyday was something new that made me shake my head in wonder. Why was the cluster deployment failing? Because the tooling was released with a case statement that was flawed. Cheers to Oracle’s great quality control. And it was support that found the fault, not the dev working on the bug. Why did the customer’s production cluster suddenly stop working? Because some numb nuts in Cloud Ops deleted the thing by mistake; not a one off occurrence either. Cheers to Oracle’s hiring and training systems. Why does the customer need to open an SR then wait two days to get a patch for their 12.1.0.2 database instead of just downloading it? Because none of the architects thought about handling Cloud customers covered by Extended Support like non-Cloud customers. And does that SR go directly to the team that handles that problem? Nope. It’s routed to one team that then has to open a separate SR with another team. Cheers to Oracle’s process design.

And before all the Oracle Kool-aid drinkers start bleating about “why don’t you leave”...eff you. I did because I got tired of working in a train wreck of a company with people like you.

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Post ID: @aass+17p6EB6P

What is "well known" is that people who write for SeekingAlpha generally do not know what they are talking about. They rely on reading what other people write, and on corporate press releases.

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Post ID: @4xvs+17p6EB6P

Sure. And I'm the Easter Bunny. Oracles relevance left a long time ago.

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Post ID: @4uhl+17p6EB6P
Maybe so, but don't think it's "well-known".

Well known by anyone at oracle who has had to deal with the POS. Internally it has been a joke ever since it was introduced.

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Post ID: @2duq+17p6EB6P

Maybe so, but don't think it's "well-known".

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Post ID: @2vrb+17p6EB6P
What is well-known about Cloud at Customer about being more hype than reality?

For starters, it does not support the same set of cloud services offered in O’s own cloud. In fact, it’s not even close.

  1. g., if it’s Tuesday and it’s not raining and you hit an odd number of traffic lights on the way to the store then cloud service XYX is supported, otherwise it isn’t.

Very much different from the picture LE/Oracle marketing has always painted of it.

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Post ID: @1yae+17p6EB6P

What is well-known about Cloud at Customer about being more hype than reality?

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Post ID: @1ppg+17p6EB6P

The HCM market is very hot, very strong right now. The lockdowns and other HR challenges of this time have turned many companies to those products. In other words, if you CAN’T make $ now with HCM, you deserve to fail.

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Post ID: @1mug+17p6EB6P

"We now have 26 OCI regions live around the world, edging out Amazon AWS, which currently has 24 regions, and will be adding at least another 10 regions in the next nine months"

Gestational!
It's not about quantity. It's quality that counts. Always has been and always will be. Business 101.

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Post ID: @1scl+17p6EB6P
I'll get down-voted to down-vote hell for this post since this site is full of malcontents that don't even work at Oracle anymore, but Cloud Apps like Cloud HCM are doing very well. Gartner Magic Quadrant has us as the best HCM platform, better than Workday. Forester data shows almost the exact same thing.

Are the same person who was asking advice on this site a couple of months ago regarding whether you should go work for the HCM team or not? Also, out of curiosity, what position were you hired into? App Technologist (pre sales)?

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Post ID: @1vjp+17p6EB6P
I'll get down-voted to down-vote hell for this post since this site is full of malcontents that don't even work at Oracle anymore, but Cloud Apps like Cloud HCM are doing very well. Gartner Magic Quadrant has us as the best HCM platform, better than Workday. Forester data shows almost the exact same thing.

If it's going so well, why are you on a lay-off site?

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Post ID: @gpt+17p6EB6P
I'll get down-voted to down-vote hell for this post since this site is full of malcontents that don't even work at Oracle anymore, but Cloud Apps like Cloud HCM are doing very well. Gartner Magic Quadrant has us as the best HCM platform, better than Workday. Forester data shows almost the exact same thing.

Sounds like you’re all set then. No worries whatsoever. Time to go take out a 2nd mortgage and buy that new sports car you have been lusting over! What could go wrong??

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Post ID: @ryd+17p6EB6P

I'll get down-voted to down-vote hell for this post since this site is full of malcontents that don't even work at Oracle anymore, but Cloud Apps like Cloud HCM are doing very well. Gartner Magic Quadrant has us as the best HCM platform, better than Workday. Forester data shows almost the exact same thing.

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Post ID: @mjr+17p6EB6P

26 data centers are leased space. Reason they aren’t spending is simple. They don’t build anything. They can rollout regions because they are just tenants. It’s apples and oranges as compared to AWS.

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Post ID: @fxx+17p6EB6P

This is just silly. Cloud at Customer is already well known to be more hype than reality, and since it’s original announcement has never delivered what LE promised.
TicTic is just a partnership for oracle storage. Nobody makes money on storage, and oracle is no different in that respect.

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Post ID: @lsi+17p6EB6P

Does this mean that layoffs will stop and the hiring freeze will go away?

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Post ID: @zto+17p6EB6P

The article states
“ Following up on demand, Oracle has been opening its data centers at a break-neck pace.

We now have 26 OCI regions live around the world, edging out Amazon AWS, which currently has 24 regions, and will be adding at least another 10 regions in the next nine months.”

From everything I have seen Oracle is not spending anywhere near the money that Amazon, Microsoft or Google are spending. So what is up with these 26 datacenters?

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Post ID: @ajc+17p6EB6P

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