Thread regarding Oracle Corp. layoffs

Build things

Oracle needs to start building things instead of buying things. In order to build things you need builders. If you're just buying things all you need - and value - are accountants. When all you do is buy things then the builders become unnecessary and unvalued. They leave for places where they can solve interesting problems and get paid very well.

The other problem is that in every all-hands meeting the issue of pay and compensation is brushed off with platitudes like 'performance based compensation' which is an outright lie. Our best employees are telling us otherwise by leaving for better paying companies and our attrition rate shows this. We have so many coverage gaps and it is so hard to find qualified employees at the rates we pay.

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Post ID: @OP+1gI54cHb

4 replies (most recent on top)

Do you work at Oracle? Then you are one of those who PT Barnum said was born every minute.

Not necessarily. You could be a victim of an acquisition and are still in that "in between" period where you are an employee but not totally sucked into the system. Or you could be months to retirement and just riding the rollercoaster until you can cash out. I know three people who retired last year and three more who will do so this year.

The rest I can't speak for,

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Post ID: @1czu+1gI54cHb
Oracle needs to start building things instead of buying things.

That's like saying Computer Associates should start building things. It's just not going to happen beyond the levels Oracle is at today.

it is so hard to find qualified employees at the rates we pay.

Do you work at Oracle? Then you are one of those who PT Barnum said was born every minute. Or perhaps you just are not skilled enough to work elsewhere for a more competitive salary.

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Post ID: @hdh+1gI54cHb

Is that a reference to “there’s a su---r born every minute “?

I wouldn’t call suckers qualified.

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Post ID: @kyh+1gI54cHb

“ it is so hard to find qualified employees at the rates we pay. “

There is one born every minute!

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Post ID: @fyh+1gI54cHb

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