Thread regarding Oracle Corp. layoffs

Be mindful of where you work

Oracle pulls in a LOT of money and has for some time. A portion of that profit, especially years ago, was funneled into employee salaries, perks, benefits, bonuses, etc. and made it a lucrative place to work. It was a shrewd move by executives -- get the best possible talent by being incredibly attractive and selective. It wasn't that the company really cared about its employees or customers, it was simply self-interest. And it was a reflection of the person at the very center of the organization (LE) whose only goal was to grow his own power and wealth. One very interesting element to this is to look at charitable giving as a measure of a person's concern for things/people other than him/herself. LE has regularly been on the "scrooge" list. Once he received enough flak about it, he started giving in self-serving ways (e.g. to a medical foundation to research aging in the attempt that he may find a way to prolong his own life) to try to claim that he was giving charitably.

Now that Oracle is having a hard time due to missing the signs of how Cloud would change the competitive landscape, the funds are drying up and the values/character of those at the top are becoming more visible and impactful. Whether it is refusing to pay commissions that were earned, leveraging age/gender discrimination to push people out or being unethical with accounting for "Cloud" earnings, it all revolves around the self-interest of the executive staff and how that has created a culture that has permeated the corporation. If you choose to stay and try to ride out the chaotic changes, clearly understand that the company and leadership are very, very self-focused.

If you are leaving Oracle, either involuntarily or choosing to pursue another job, be mindful of where you are going and whether it may also have a toxic culture. For example, what is Amazon like? How does JB match up to LE? (https://www.wired.com/story/how-amazon-jeff-bezos-spends-his-money/) Or how does this compare with Oracle's culture? (http://fortune.com/2015/08/17/amazon-employees-work-culture/) Were you aware that Amazon demands a non-compete agreement and will try to enforce it even if it only amounts to harassment of a departed employee? (http://blogs.findlaw.com/free_enterprise/2017/06/amazon-testing-the-limits-of-non-compete-clauses.html)

I fully understand that everyone needs to support themselves (and, potentially, a family too), so working somewhere is necessary and that being at a successful corporation is much better than at one that is flailing. I'm not advocating staying at Oracle or avoiding Amazon. My point is to just keep your eyes open wide, know what you are looking to get out of work, build your skills, go after your own personal career path and always be ready to market yourself when a company isn't a fit for you any longer.

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Post ID: @OP+OxDQe4p

4 replies (most recent on top)

To @OxDQe4p-1wlc

Very well said. The entire post is just an immature person coming to term with their own potential layoff. Companies are meant to attract good talent, drive better performance, and benefit themselves, their stock holders and their employees, including the executives. LE , if anything, has done a tremendous favor to society and civilization, and is not a black-hearted villain, if anything, i revere him. Some business decisions are harsh, but tech field has always been like that.

What a waste of post ! And (giggles), i like when @OxDQe4p-1wlc said that its "empty wisdom"

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Post ID: @1wie+OxDQe4p

@OxDQe4p-siy what's your point?

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Post ID: @1wlc+OxDQe4p

Yes, everyone is short of vision and insight as you say, yet all companies and their principle execs had exactly that and conspired to "create an economic recovery by any means necessary". Yup, they all had a plan and executed it beautifully. That wasn't "shrewd business" of them at all. And doing such recovered their wealth and gave them time to squirrel it away while the rest of us clueless bastards proceeded apace at running ourselves off a cliff whistling a clueless jingle.

I am sorry to say but your entire post is full of mock wisdom carelessly constructed so as to blatantly betray itself as BS.

Hopefully, you live in or you've moved to a country which is populated with less clueless individuals, one's who can match your genius and penetrating insight.

Good grief.

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Post ID: @ztv+OxDQe4p

Every company, especially Tech, paid well and treated their employees like the golden goose since 2008. Had nothing to do with "shrewd business" and everything to do with creating an economic recovery by any means necessary.

Paying well and giving people a lifestyles of the rich and famous experience at work goes a long way to restoring confidence in the system. But they all knew it was temporary, because 2008 wasn't just a limited crisis, it was the killing blow that takes time to do its work. Creating the largest bubbles in history(lowest rates, loosest credit)masked the dying economy for a while.

That time is up, the bubbles are bursting, corporations don't care about giving their employees that euphoric feeling anymore.

What surprises me, is how utterly clueless Americans are about the greatest crisis in their nation's history, that sent 40 million into poverty, requiring food stamps. I guess we can chalk it up to the self-centered nature of man. So long as he's fine, he couldn't give a flying f__KK about anyone else.

Well, now he IS everyone else, and suddenly it's the end of the world, because it affects him.

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Post ID: @siy+OxDQe4p

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