More Layoffs to Come in Morrisville? You betcha'

Updated Mar. 8, 2017 at 11:58 a.m.

Oracle won't comment on report of 'huge' layoffs in Morrisville

Tags: Employment, Layoffs

MORRISVILLE, N.C. — Layoffs described as "huge" that hit "all departments" at Oracle's operations in Morrisville on Tuesday have cost a lot of former Tekelec workers their jobs, but Oracle refuses to comment.

"We will decline comment," an Oracle spokesperson said when contacted by WRAL TechWire. "Thank you."

The global high-tech giant is undergoing a restructuring that has led to some 2,900 layoffs to date, according to The Layoff website, which tracks job cuts.

More than 500 cuts have been made within the last week, according to the site.

WRAL TechWire learned about the Morrisville cuts from reader tips.

The Layoff and the San Jose Mercury News first reported Oracle's cost-cutting moves on Jan. 23. The initial focus was on Oracle's server hardware business.

According to The Layoff, some 239 cuts have been made in Oracle's global communications business unit in recent days.

Oracle purchased Tekelec for an estimated $1 billion in 2013, seeking to build on Tekelec's communications expertise, products, and a host of patents.

No layoff notice has been filed with the State of North Carolina as off Wednesday morning, according to a department spokesperson.

In the original layoffs last month, The San Joes Mercury News cited a letter from the company about layoffs that was sent to the state of California.

"Oracle is refocusing its Hardware Systems business, and for that reason, has decided to lay off certain of its employees in the Hardware Systems Division,” the letter said.

Some 450 people were expected to lose their jobs.

Oracle bought Sun's server/hardware/chip business for some $7.4 billion in 2010.

Read more at http://wraltechwire.com/oracle-won-t-comment-on-report-of-huge-layoffs-in-morrisville/16573166/#peLazwrWotuwfmiw.99

Comment! It's anonymous!

7 replies (most recent on top)

Anon, what do you mean by the infant stages of popping? Share your view on this matter.

Thanks!

@MnSVjdR-5iyq, totally with you about your observations about Oracle HW business. About moving to the other side...cloud, Oracle does not want ex-Sun, they want to hire cheap.

I was layedoff recently by Oracle, the workload decresaed a lot around 50% over the last 5 months, for different reasons (suppousing that customer move to cloud and few customer cost reduction). Being at the office whitout doing almost nothing was neither nice because we knew what would come, was just a metter of time. Oracle is focused on high margin buisness where today Hardware isn' longer profitable player, and the margin keeps shrinking year after year.

Another reason is that x86 servers got more powerful over the years and start to compete with Sparc platform cutting market share to the Sparc servers year after year. Sparc servers still rocks but the advantage isn't that huge than years ago.

If sparc servers are so great why is Oracle putting so much effort succesfully to their exalogic servers(x86) where their Oracle DB performance has even greater performance than on Sparc.

Today there is huge market change caused by Cloud where Oracle is one of the huge player, more buisness moves to cloud and this is a fact.

So for the other who stay at Oracle start to think and move internally to cloud support otherwise you ....

Oracle is easily one of the most regressive and underwhelming prospects as a source of tech employment. The one attribute which conceptually balanced the scales was the apparent employment stability. But Oracle is hard at work successfully demonstrating that to be a baseless

misconception. Although to be fair, this really comes as no surprise to those well aware of the legendary dysfunctional gearworks rattling within the otherwise hollow box.

The market loves this. As Oracle cuts staff, they see it as a positive, and boost the stock price. No one cares how many jobs are outsourced, and how many lives are crushed by Oracle's greed.

Great reporting, keep it up. Always let your local newspaper know when oracle lays people off! Don't let the despeakable three get away with keeping layoffs out of sight.

TRANSPARENCY RULES !

Barely the beginning.

Tech bubble 2.0 in its infant stages of popping.

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More Layoffs to Come in Morrisville? You betcha'

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