Thread regarding Oracle Corp. layoffs

Writings on the wall. The declines in revenue will continue.

http://arstechnica.com/information-technology/2016/06/oracle-boosts-cloud-sales-but-at-expense-of-java-and-everything-else/

Few quarters and they will be forced to make big cuts like Intel. Reaction mode because L reponse to cloud too little too late.

This is just the beginning of the end. Oracle will have to make even more cuts next year as they lose customers due to Azure, AWS and bad customer support reputation. They have to find margins somehow especially in hardware. Consolidations and reductions is the only way.