Thread regarding Oracle Corp. layoffs

Oracle Marketing is a Potemkin Village and Larry Ellison is Grigory Potemkin himself

The media says Oracle needs to layoff employees to increase shareholder value.

Arguably though, what is the shareholder value they speak of?

Oracle customers are only here because they bought something years ago and abandoning their use would be even more complex and costly. New customers are quickly realizing—looking at you VA and Edinburgh University—that Oracle is neither reliable nor ready for the present, much less the future.

Marketing and sales are caught in between a rock and a hard place, being asked to build thought leadership atop lies, cover for technical issues, and take the fall when LJE's Potemkin village schemes are ultimately exposed.

Speak of it, $ORCL stock is probably a Potemkin village too. Once these layoffs are done and the ability to buy back stock is exhausted, it's time to short, short, short—and that's the discount you won't want to touch on any Black Friday.

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Post ID: @OP+1jTQQfT2

14 replies (most recent on top)

100% true. OCI is a Potemkin Village. Larry does all the talking and it still doesn’t lead in any industry except for the writers he pays to do his bidding.

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Post ID: @8eer+1jTQQfT2

With 12/1 layoffs, the Potemkin Village is alive and moving again

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Post ID: @5qfx+1jTQQfT2

...and place a call to Salesforce, Workday, or SAP, depending on what you need. Here's their contact info:

SAP - https://support.sap.com/en/contact-us/phone.html#:~:text=Alternatively%2C%20you%20can%20use%20the%20telephone%20number%201800%20677%207271.

Workday - https://www.workday.com/en-us/company/about-workday/contact-us.html

Adobe - https://www.adobe.com/about-adobe/contact.html

Salesforce - https://www.salesforce.com/company/contact-us/

Good buying!

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Post ID: @3qft+1jTQQfT2

Customers if you are locked in and you are NOT getting the customer service you are paying for — call your lawyer
If Oracle is not holding up their end of the agreement then they are in default.
You have rights.

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Post ID: @3xob+1jTQQfT2

The wool is coming off the eyes of sheep. Oracle customers know there are better solutions out there, but are locked in because of legacy solutions. With licensing and support fees still being a large part of customer cost, at some point enough will be enough. I hope that is sooner rather than later, because Oracle is holding back entire industries.

Hurts to say, but it's true.

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Post ID: @2kuc+1jTQQfT2

Support?

New hires walk away after only a few hours. Understaffed, and held together by a few good people who care about what they are doing!

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Post ID: @2xcq+1jTQQfT2

Employees & Customers have to come first. . Making too much money changed that important principle.
Employee abuse & hating customers is a death sentence for any entity, just takes longer if there is a lot of money. Purchasing Cerner has put Oracle in a situation they didn’t think could happen to them. It’s really is sad because middle mgmt lords themselves over employees and are the most unhappy people always finding fault with everything wherever they go. grasping to control all they know, manipulating, lieing, cheating, stealing, and addicted to food, alcohol, s-x, travel, material things that are never enough.
Orwcle has ruined their lives by not making them accountable and now that there is an industry, global economic downturn and govt is targeting Big Tech companies some middie mgt VP’s will retire to federal prison. I don’t think they will be treated too kindly.
Every so many years there always a large group that gets sentenced - the publicly is good and keeps job security of the DOP & BOP. White collar crime is on the rise.
They are letting out the criminals & replacing them with white collar.
Oracle is over due - when millions are thrown at illegal issues and the issues do not get corrected then, they are sending anyone they can to prison so they will tell on the others. When your colleagues go to jail you need to worry.
Employees are safe. Middie mgt VPs are sitting ducks.

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Post ID: @2vkg+1jTQQfT2
Oracle’s poor record on the Support side is also a major contributor to its decline.

I remember when we were bought up by Oracle. Management actually told the incoming support people that we "coddled" our customers. If there was ever a WTF moment, that was it for me.

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Post ID: @2ubu+1jTQQfT2

Database performance in Snowflake and many others have surpassed Oracle for years. Oracle is on the losing end, and this is why customers have been leaving the Oracle platform in droves. Oracle’s poor record on the Support side is also a major contributor to its decline.

So glad I left Oracle 5 years ago, best career decision I have ever made.

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Post ID: @1kyv+1jTQQfT2

Re: "self driving" database - I have always wondered about this. So is the situation really that there's a small army of Oracle DB admin/ops folks behind the management of every autonomous DB instance? If so, they sure want you to believe that there's no human intervention anywhere, which never quite passed the smell test for me.

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Post ID: @1gnu+1jTQQfT2

That’s the crazy part. As an employee I fell for the self-driving database piece too. In essence Oracle is still stuck in 1995 trying to find its next innovation.

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Post ID: @1rqy+1jTQQfT2

The biggest lie is the "self-driving", autonomous database. LE just made that up and now all his leaders have to spread the lie even though everyone knows it is not true. Notice how they have not published any industry standard benchmarks in years due to poor price/performance vs. the cloud-native databases.

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Post ID: @1xjo+1jTQQfT2

Institutional Shareholders must be Catherine the Great.

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Post ID: @xtr+1jTQQfT2

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