Thread regarding Oracle Corp. layoffs

Oracle Earnings Call Today - 2pm Pac

http://event.on24.com/wcc/r/1336956/9522DB531752C62DA844A47C300A94F1

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Post ID: @OP+NTPcuoh

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Definitely look under the hood. We are told to tell our OnPrem customers to invest in the Cloud. We package it as part of their OnPrem deal as a "discount" but the customer has zero plans to implement it. ERP is a great example of this.

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Post ID: @vpu+NTPcuoh

Cloud is growing and we're not tell you that it's growing because oracle is "persuading" customers to convert existing support costs for on-prem solution to cloud, so no new revenues and no new cash, but hay as long as you don't look under the hood oracle is a cloud company.

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Post ID: @dhh+NTPcuoh

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