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.