Thread regarding Oracle Corp. layoffs

calm down folks- layoff keep stock price healthy - bourses love layoffs

calm down folks- layoff keep stock price healthy - bourses love layoffs

As a company there are only 2 groups of stake holders we need to keep happy -customers and shareholder, costs keep customers happy and profits keep shareholders happy.

of employees- have u seen any happy employee in any company - No - no amount of salary can keep employee happy and so many of them are available waiting to kill boredom ans feeling of unworthiness we never need to worry about supply of cheap workforce

bye - be thankful for the good money u already got as employee

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Post ID: @OP+PVEOwsp

9 replies (most recent on top)

@PVEOwsp-3eka "Oracle continues to grow its cloud business into new avenues and customers love the products......"

watchout, you are smoking bad things, it's not healthy

.....grow Oracle's cloud business? in which parallel universe are you living? have you recently looked at the real numbers?

....customers happy? not in my experience, and not in the experience of the entire my team. every and I mean every single customer I have tried to convince to use our cloud replied the same way "unusable sh--, not real cloud just poorly managed hosting, I have bought it just because support fee for my onprem was lower that way"

but you are right when you say our execs are winner. yes, they are successful in what they are doing, unfortunately this is not what I intend to be a succesful manager, but that's only my opinion of course.

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Post ID: @6oci+PVEOwsp

Oracle never merged or integrated the various disparate products, they bought up their competition and slowly killed it off.

MySQL was eating their lunch by late 2000s and they had no where to turn and could not compete in the marketplace.....so they bought Sun....

Watch now that Mongo has IPO.....they are probably at the table right now throwing stock options into the pile of gold.

JD Edward’s, Peoplesoft, EBS, Siebel all had competing products. A smart company would have found a real software architect to merge and create a unified single best of breed.

But hell no they were left as separate silos

Competing against each other and who loses the customers.

Fusion middleware what a cluster f--- that turned out to be

Oracle cloud easy to manage, good luck with dynamic IP

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Post ID: @6zjx+PVEOwsp

@PVEOwsp-3eka Who says oracle cloud is selling? Are you talking PAAS? IAAS? SAAS? DBAAS? OCM for on prem cloud ?

When someone says oracle cloud is selling, what exactly do they mean?

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Post ID: @3cuz+PVEOwsp

Oracle continues to grow its cloud business into new avenues and customers love the products. ORCL shareholders are very happy with how Larry and the CEOs are running the show. They are winners. Are you?

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Post ID: @3eka+PVEOwsp

@PVEOwsp-2lzr the word is out on oracle across the globe, and certainly every state in North America.

Rotten unscrupulous abusive leadership. Archaic technology. A flop in the cloud space. Fraught with security gaping holes. Total farce.

Even best in class acquired products are flailing. Why? Because the oracle brand reputation is sh--. It’s just a matter of time before Hurds “cloud enterprise deals” blow up in his face. All that free cloud software given free to sweeten the deal to get the support renewals is not being taken up by clients. It’s so bad, Hurd can’t even give it away. The next wave of renewals is going to be ugleeeeee. And as he screws over his Sales teams he’s rapidly losing any hope of getting clients to uptake the freebie SaaS today.

Hasta la vista baby.

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Post ID: @2hfd+PVEOwsp

@PVEOwsp-fft You are completely wrong. Oracle is an innovator on how to lay people off without making any major announcements. At least mostly.

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Post ID: @1uwr+PVEOwsp

Oracle is no innovator.

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Post ID: @fft+PVEOwsp

Layoffs are a sign of a downward spiral. You can't cost cut your way to success. More and more layoffs will come as revenues spiral downward. Cost cutting is a sign that the products are becoming commodities or going obsolete. The only hope is to make new innovative products in growth markets. Most companies can not figure out how to do this. They only know how to do what they already do.

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Post ID: @lij+PVEOwsp

Thanks Mark, for the pep talk. You forgot to mention happy execs. And their self directed $50M bonuses year over year ... (double digit bonus figures vary year to year).

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Post ID: @uje+PVEOwsp

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