Thread regarding Oracle Corp. layoffs

Looking for a new sales job?

My buddy and I were going over his quota and his average cloud deal. His average was about 40k, his quota is 4 million. Wont go into details to pin him down. But we figured to hit his quota he needs 100 cloud deals. 50 work weeks in a year, means he needs to close on average two cloud deals a week. He gets about 3 cloud deals a month, and his manager said he is doing better than just about everyone else.

Over a beer he looked at me and said unless he lands a monster deal, he won't hit his number and he could make more in base elsewhere. His ECA is useless and his old SC who was good got laid off. He used to make a killing with deals on premises. He said selling cloud is terrible.

He had found a small app that could be migrated easily to the cloud for 15k. Customer was happy ready to sign and asked for some consulting help. Also they needed a fat pipe for month end processing and needed a 10 gigabit connection. He said he would check into it. Oracle consulting came back with a quote for $380,000 in professional services, and the 10 gig pipe would be $45,000 per month. He choked on his beer laughing so hard. That 15k cloud deal would cost the customer $935,000. How do you sell this?

I told him my company was hiring and that he would get a 30k bump in base. I entered his name into our recruiting app and he is interviewing Monday. You should watch the posts on linked in, tons of companies are hiring and paying their employees up to 5k per referral. See where your buddies have gone and give them a call or a linked in message.

The tech sales market is on fire. Why hang out with a losing company, that cuts your pay and lays you off? Wake up. Jump ship... find out where your friends have gone and follow.

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Post ID: @OP+ORQWw8Z

6 replies (most recent on top)

LOL!!! A salesman has been heard from. Give it up, the first cloud bill that the customers get blows all your BS out of the water.

Oh, and Oracle's scorched earth policy it's putting forth with licensing means most customers wont let Oracle in the door anymore for anything, and I'm sure you know that.

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Post ID: @2hcg+ORQWw8Z

Cloud is b---s---, just a new way to say outsourcing, and outsourcing is always more expensive than doing it yourself.

Like power generation? Or payroll processing? Or offshore manufacturing? Companies used to do all of these things in house, but scale and/or wage differential brought about economic and even quality advantages, so functions were outsourced.

Outsourcing of IT has been tried for a number of years, but heavily customized implementations don't lead to the ability to scale and trying to implement lower cost labor has often resulted in quality issues. In plenty of cases, it has been found that this approach didn't deliver as promised. Cloud is different than the IT outsourcing of the past as it offers the potential to scale, improve quality and drive cost down through scale, standardization and automation.

The shrinking market/profits of legacy on-premise products (e.g. Oracle licensing) indicates that this wave of "outsourcing" is different from the past. While on-premise isn't going to totally disappear anytime soon, it is clear that the growth market is Cloud. Call it b---s--- if you want, but you may want to keep an eye on how your paycheck and/or employment status changes in the coming months and years.

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Post ID: @1fpl+ORQWw8Z

https://www.linkedin.com/search/results/people/

Search for people on linked in ... at the bottom of the search bar it shows "search for people with filters" when you click that it shows a list of filters on the right.

Select "Past companies" and click the Oracle check box.

Now you can see everyone that you know or people that are in your 2nd degree... click through and see where they are now... see how long ago they left. Ping them and ask if their company is hiring...

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Post ID: @leb+ORQWw8Z

Cloud is b---s---, just a new way to say outsourcing, and outsourcing is always more expensive than doing it yourself. It kills me when otherwise smart people say cloud is the future, or cloud will save the enterprise, they clearly have no idea what they are talking about and were hand-obbed by a VP on the golf course or by some professional liar sales lead.

If a company is serious about going cloud, AWS/Google/Azure is the route all big places go, Oracle is late to the game and just a fringe player.

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Post ID: @dyf+ORQWw8Z

AWS, Google, MongoDB, Pivotal, Pentaho, Akami, App Dynamics, Slack... The list goes on and on and on. Only old dead crappy companies are laying off like Oracle, IBM and Microsoft the 20th century technology goons are being beaten down by the new breeds. Bail, go work for a company who has real products that sell.

https://www.themuse.com/advice/20-companies-hiring-like-crazy-in-2017

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Post ID: @lcs+ORQWw8Z

On fire huh? Microsoft firing thousands, Oracle too, as well as Intel on a year long hiring freeze and IBM now RA'ing thousands.

Yep, on fire alright, burning to the ground.

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Post ID: @yla+ORQWw8Z

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