Truly Oracle shareholders haven't had it so good with $38.6b of pure profit being added to ORCL's bottom line. That profit helps pay for your RSUs and severance.
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If it's a cow, it must be a pretty lean cow! Not much beef on the bone!
A Texas longhorn, presumably?
The OP is half right. It is a cow!
Forget about the cash!
The assertion that HW is a cash cow is amusing.
What is also amusing is the year-over-year Q1 numbers for the HW division - it's down 5%. And what is even more amusing is if you look at Oracle's financial reports (the reports online go back to 2013), HW revenue is HALF of what it was 10 yrs ago!
HW div sure knows how to pay those bills!!
Article below from Business Insider. It’s typical textbook example of these fast changing times. . At Oracle it’s the Middle Mgmt VP that will be extinct. An unnecessary expense and more efficient replacement . They are the most likely level of the too many levels of mid mgmt to go. They are clueless and eliminating their overpaid admin position would do wonders for stock price.
Not respected by upper mgmt.
Employees are younger and smarter than these corrupt useless sc-m bags that rob & abuse Oracle. Won’t be much long before they find out what many already know and will bring charges against the perpetrators.
BI
Being a middle manager is getting more and more toxic
Jacob Zinkula and Madison Hoff 6 min read
Middle managers are tired.
The last few years have brought a whole new slew of challenges to the job.
Some say the job isn't worth it anymore and are looking for a way out.
In May, Kyle made a career move that was years in the making.
The 35-year-old, who is based in Michigan, said his job as a middle manager at a staffing company had grown increasingly unbearable over his seven-year tenure.
A combination of layoffs and a hiring freeze had downsized his team, and he was succumbing to burnout.
"I was tired of being stuck between upper management — who became more and more ruthless at enforcing hard metrics designed to root out anyone with a work-life balance, wildly unpopular return to office policies, and layoff after layoff on one side — and employees who wanted more money, more flexibility, and a more relaxed philosophy of work," said Kyle, who asked for partial anonymity due to his fear of professional repercussions.
Pure profit? Hardly! You have ignored all the cost of sales, the overhead of keeping skills to service this burden.
the shysters at oracle are so tight with equity its unreal. the stock could skyrocket to $1000 and 99% of the employees wouldnt feel a thing.
You know, this joke never grows old!