It is not a secret to anyone that oracle has systematically been laying off employees for the last 18 plus months, by now some 15,000. Yet oracle has refused to make any announcements and has spread the layoffs so as to minimize the need for WARN notices to absolute minimum. All of which raises the simple question: what is oracle looking to hide so desperately?
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True, customers are being fed rosy stories about the cloud products. In reality all of them s---.
It would raise questions among customers if the layoffs were more visible. Sales reps are already struggling to reassure the remaining on-prem customers that they won't be left out in the cold. That's a common refrain during reviews for NAS, EMEA and APAC.
The hope is for smooth and gradually accelerating conversions of existing contracts to cloud. If on-prem customers feel like they're getting burned then they'd bolt since they wouldn't want to be in a situation where they've been fooled twice.
@1ate - tell me more, tell me more ... inquiring minds want to know
They are hiding cloud revenue FRAUD!!!
They are afraid of losing money. I'm sure there is a fine or an increased cost in unemployment insurance if they dump everyone at the same time. All you have to do is follow the money trail and everything makes sense. Or should I say... "everything makes cents."
my guess is by having small but ongoing layoffs Oracle accomplishes two things, first they avoid bad publicity as a previous commenter said, also they cause fear among those of us who remain which increases the likelihood we will leave which in turn means they don't need to pay severance.
Bad publicity. If I am a potential customer going to spend millions in Oracle products, I would think twice about the severe layoffs. What would it impact the product quality and people with low morale that supporting it. Oracle can promise the sky during the sales presentation but after committed, you will never see them again. However, the market never ran out of less informed customers. With that many layoff, it is real hard to rehiring cheaper workforce too. True too, Oracle never announced layoffs .. ever ...
LE's parents did not love him, gave him to relatives so now he's a jerk because he can. Unhappy people are each unhappy in their own way ...
Apart from hiding (although it's an open secret that Oracle has been laying off), not having to let go via WARN notices (by keeping the layoff count lower than some threshold), probably saves some money (severance).
That is just the Oracle culture, never mention or announce layoffs. Been that way for almost ever. Nothing new, and will likely never change.