Thread regarding Oracle Corp. layoffs

6 replies (most recent on top)

“ Layoffs coming in HOT! “

Beware the Ides of March!

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Post ID: @1jmd+1lyUM57v

Earning forecast to improve margins to 60 percent by laying 50% of whatever is left in nort America.

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Post ID: @jzs+1lyUM57v

one bright side is ESPP will be purchased at lower price

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Post ID: @vea+1lyUM57v

Not bad, but not great either. EPS beat, but revenue miss. Down 5% after hours, which really is just a reset to fair market value for tech given current conditions. Had been a bit inflated lately in my opinion and needed a perfect report to avoid sell off.

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Post ID: @kti+1lyUM57v

Not bad, but not great either. EPS beat, but revenue miss. Stock down 5% after hours, which honestly is a reset to fair value for tech in today’s market. Had been a bit inflated lately given market conditions, in my opinion.

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Post ID: @lha+1lyUM57v

Looks like an earnings miss.

Layoffs coming in HOT!

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Post ID: @wyl+1lyUM57v

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