I hope that the leadership has carefully considered the impact that reducing employee headcount will have on products and services to customers. Chances are that the impact will be terrible?
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after 8 years there, I can tell you they do not care. I saw some people who had no business getting cut, only to get cut. Why? Well one made to much money, another said something that clashed with the senior director (That was the guy who did ALL the purchasing and handled the budgeting for purchasing. The entire process was a mess for 6 months and nothing got done. Did management care? Not in the slightest. I saw two high profile projects whither and die because the subject matter expert was cut in each case.
If they see you are a problem (and just by having a salary can be viewed as a problem) you are gone. If Oracle ran the the Apollo Project, we would have Apollo 11 launch in 1979 and odds are the men never would have made it back.
When all your profit comes from legacy customers on legacy tech
And none of those companies are happy about it, but they are too risk averse to act on it.
The question they care about is what is the impact on the stock price. So far, this was a poor investment.
How very naive to even think Oracle would care. They pride themselves in bleeding their customers dry.
You musr be new to Oracle, since when they care their customer? Oracle only care potential customers that didn't sign contract yet.
When all your profit comes from legacy customers on legacy tech that is too risky to rip and replace, this is what you get.
They don't care