Thread regarding Oracle Corp. layoffs

Another rif possibility???

Chance of prediction for another round before end of this year or early next year? Please add below format:
%chance - org department

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Post ID: @OP+1jPil1dS

15 replies (most recent on top)

Does the sun rise every morning?
Is the sky blue?
Does the stock market go up and down?
Are you hungry everyday for food?
Is water wet?

If you answered yes to any of those questions, then there is your answer.

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Post ID: @5mqx+1jPil1dS

More RIFs still needed to improve shareholder value.

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Post ID: @5rrg+1jPil1dS

About the same as a possibility for there being a December!

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Post ID: @5xda+1jPil1dS
It's a shame that, Oracle would not change their mgmt style before the troubles.

It won't change. LE is so used to getting his way by playing his own dirty game, I doubt he is capable of changing. Oracle is the most top down company I have ever seen. There may be worse, but I haven't seen it. LE is going to go down in a similar way a certain man with a funny mustache did in his last day. Not "that" way, but with total rage and by blaming everyone for everything but where the real blame lies. In the mirror. Heaven help everyone when LE ever sheds his mortal coil. The battles afterward will be scorched earth.

The worst part is that there was no reason for it. People tolerated Oracle for years, decades even. But they never liked doing business with them. But back then, at least the software actually worked.

I'm glad I'm out, I'm glad I'm retired. I do feel for anyone with an ounce of morals who may get mixed up in this mess. The rest can go pound sand. They made this mess, I hope they swim in it.

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Post ID: @2pbk+1jPil1dS

Whatever's left of advertising won't make it to FY24, they've been put out to pasture by not being included in the ACX shift under RJ. OA products were dying even pre-recession and their hail mary new products that only exist in slides won't be ready for SKU until FY25 at best, if ever. Count on a massive RIF of the poor souls left on board and/or selloff of spare parts by May.

CX will see continued RIFs due to redundancies in combined organizations and not coming close to hitting sales targets (projecting 25% of target i've heard), products aren't selling and existing business is churning until "fusion" products are ready in two years, maybe.

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Post ID: @1xaq+1jPil1dS

Contra-japanese style of management is exactly right. It's a shame that, Oracle would not change their mgmt style before the troubles. The cash cow will be needed to carry Cerner but, unfortunately, it is being sacrificed.

When all is left, are the band of thieves -- I suppose they will turn on each other if, they haven't started already...especially middle mgt. It won't take much time and effort to find grounds to fire them. At least one should be getting two hots & cot.

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Post ID: @1oiy+1jPil1dS

pretty sure the OP is history when hatchet time comes

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Post ID: @1lwz+1jPil1dS

Read the quarterly reports. They tell us exactly how much is planned to be spent on restructuring.

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Post ID: @1tzz+1jPil1dS

Of course, it is a possibility! Greater odds that there will not be a layoff

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Post ID: @1cic+1jPil1dS

I wish I could tell you no....

O is in trouble in several areas and they know it. However, sadly, you are going to suffer for it, not those responsible. Think it is as a contra-Japanese style of management.

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Post ID: @1isd+1jPil1dS

Chance of termination is 90%, unless you are Larry or Safra.

The 10% of staying is if you are in Cerner. Oracle is a healthcare company now who just happens to own SaaS and hardware solutions.

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Post ID: @tcp+1jPil1dS

"Chance of prediction for another round before end of this year or early next year? Please add below format: %chance - org department"

Yup, your org and department and 75% chance since you are not part of Cerner.

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Post ID: @ueu+1jPil1dS

You might as well ask who will win the Super Bowl. You have the same amount of influence.

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Post ID: @gvm+1jPil1dS

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