Thread regarding Oracle Corp. layoffs

The "process" of moving Oracle Jobs to India "The call to the cloud"

The real motives behind the 2017 summer reorg... @NEKOz7L

February 2016

Oracle CEO Safra Catz went to India this month to meet with Oracle customers and partners and to hear directly from Prime Minister Shri Narendra Modi about his far-reaching Digital India and Make in India initiatives. During the trip, Catz also unveiled a substantial plan—to build a new state-of-the-art Oracle campus in Bangalore, open nine regional incubation centers, and train more than a half-million local students each year.

Speaking at the NASSCOM (National Association of Software and Services Companies) conference in Mumbai on Feb. 10, Catz stressed Oracle’s commitment to participating in the Digital India and Make in India initiatives, both of which are the brainchild of Prime Minister Modi, and which she said help make India one of the world’s most fertile markets.

Catz said Oracle—like many of its customers—is heeding what she called “the call to the cloud” because of the clear economic and business benefits. But companies must also consider their existing investments, complex software customizations, and business processes when planning their cloud moves, she said.

“Without strategic leadership, this ‘call’ could end up luring unwitting enterprises to waste resources and not get the benefits,” Catz said.

Oracle CEO Safra Catz

Oracle CEO Safra Catz knows firsthand the complexities of leading an enterprise through business and technology transformation.

Cloud computing offers a number of compelling economic benefits, including shifting capex spending to opex spending (which lightens the balance sheet). It also shifts the burden of maintaining applications, databases, hardware, and other infrastructure to the technology provider, and it lets companies benefit from more tech innovations more quickly. Most of all, cloud “promises to lower acquisition cost and as such gives more enterprises access to more technology than ever before,” Catz said.

On the other hand, she warned, upending the status quo doesn’t come without challenges. Customers have decades of sunk technology investments, custom-built software to serve particular purposes, and data cast all over their enterprises. Unifying all that data is no simple task, especially if customers want to avoid repeating the same mistakes of stove-piped data in different clouds. “That’s a challenge that most of us in this room will have to tackle together,” Catz told her audience, many of whom are Oracle partners.

Catz also noted the myriad regulatory and policy challenges businesses face in moving to the cloud, including where the data they depend on must reside. As a result, she said, “the move to the cloud needs to be viewed as a process, not an event.”

https://www.forbes.com/sites/oracle/2016/02/16/oracle-ceo-safra-catz-oracle-makes-new-investments-in-india/#42ffb2de14a5

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Post ID: @OP+NEkjcPy

6 replies (most recent on top)

So many Oracle directors, VPs and SVPs are Indian. Of course, they love moving jobs to India.

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Post ID: @1dav+NEkjcPy

thank you @NEkjcPy-szi this is one of the most helpful posts yet.

thank you for sharing this information!

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Post ID: @kdv+NEkjcPy

@NEkjcPy-lyp: Not at all. At least not in EMEA. Consider two factors:

  1. Laid off workers in Europe are still technically employed over their notice period. They could participate in the summit, too.

  2. To the best of my knowledge, layoffs are planned out for the next few months (until end of calendar year). Pretty much everyone on the chopping block will get their pink slip this calendar year, but the formal process requires that the person is present and isn't restricted (e.g., by maternity leave).

Oracle will do everything in its power to get it over with this fiscal year at the latest, though.

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Post ID: @szi+NEkjcPy

The employee summit is set for July 13th.... could that possibly mean the layoffs will be mostly over by then?

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Post ID: @lyp+NEkjcPy

Exactly! This is exactly what is happening.

I was in the cloud area and left last year. At that time Indian developers were being pushed into existing project groups, I think to pick up the technology so that they can make a seamless move to India.

People are being told that this will allow some extra labor into their projects.

In March 2017 an Indian marketing manager was promoted to a senior role with a title indicating that he was in charge of new strategic vision for the future. This man has gone back and forth, working for a time in India, then working for a time in the U.S.

A few months ago an employee I know left Oracle because he was the only person in California on his project, everyone else was in India. He didn't like working like that, so he left.

They are putting pressure on older more expensive engineers in order to try and get them leave of their own accord..... this attrition is occurring in the U.S. and is not counted as a layoff..... the management just makes the job less appealing and some people will leave.

It's ALL going to India.

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Post ID: @cxe+NEkjcPy

"Cloud computing offers a number of compelling economic benefits, including shifting capex spending to opex spending (which lightens the balance sheet)."

Works for Oracle internally too.....

"Catz also noted the myriad regulatory and policy challenges businesses face in moving to the cloud.... As a result, she said, “the move to the cloud needs to be viewed as a process, not an event.”

Its a process of getting rid of employees, replacing them in the same country with less expensive ones, and suing that gain to hire in india.

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Post ID: @kne+NEkjcPy

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