Thread regarding Oracle Corp. layoffs

Layoffs have hit the news cycle

The register has just published the story about Sparc layoffs...

Oracle finally decides to stop prolonging the inevitable, begins hardware layoffs

Pink slips are en route, say employees

By Shaun Nichols in San Francisco 31 Aug 2017 at 19:34

Oracle is reportedly starting layoffs that will impact its hardware division.

Multiple reports from current and some soon-to-be former employees indicate that the database giant has begun shipping packages containing the paperwork for ending their employment. The workers have gotten notifications from shipping giant FedEx that the packages, which will need to be signed for, are en route for a September 1 delivery.

"One of my co-workers emailed that he received a notification from FedEx of a label created by Oracle America, Inc," writes one anonymous employee.

"I just checked and a label has been created for my home address. This is in the US. Looks like Friday is it for Sparc MicroElectronics."

Oracle did not return a request for comment. Big Red has in the past been... how do we say this... difficult to pin down in regards to its staff reductions.

The layoffs are hardly a surprise, given the performance of Oracle's hardware unit as of late. In the last financial year, Oracle reported hardware revenues of $4.15bn. By comparison, in 2016 the unit logged hardware revenues of $4.67bn. In 2015 it was $5.2bn, and 2014 saw $5.37bn.

At the same time, Oracle has been shifting its focus to cloud services and software platforms, pitching its customers on migration plans that would see their on-premises systems move to hybrid and public cloud deployments.

Much of the hardware unit was brought onboard in 2010, when Oracle acquired Sun Microsystems. It is widely believed that the Sparc server line was an afterthought to Oracle. The Solaris server platform was conspicuously absent from Oracle's roadmap plans.

House Larry has maintained that it still very much cares about the hardware and server lines, and back in July a post from an Oracle engineer seemed to suggest that a new Sparc processor was in the works.

That project could be in doubt if these reports of widespread layoffs in Oracle hardware prove true – though with its massive investments in cloud compute data centers and the custom servers that power them, Hurd n' Katz will still have plenty of use for at least some of the hardware business.

Source: https://www.theregister.co.uk/2017/08/31/oracle_stops_prolonging_inevitable_layoffs/?mt=1504211273879

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Post ID: @OP+P2aS0D2

3 replies (most recent on top)

I need you , you , you .. Blues Brothers .. big party ... screw mgmt GFY

Watching this to cheer yourself

https://youtu.be/EHV0zs0kVGg

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Post ID: @1mhb+P2aS0D2

Nothing new here

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Post ID: @tjq+P2aS0D2

Classic ElReg - they lifted our comments without the contribution to the board... So they quote us but they do not want to spook Oracle by providing links back to the thread (which would double the number of responses which would be a win win for both the worker and ElReg)... Whatever...

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Post ID: @nyq+P2aS0D2

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