So we know Oracle always cleans shop after quarter end. Management and employees are already being hauled in front of execs to explain quarter end short falls - which never ends well for the lower ranks. The Cloud success story is still very questionable. There are rumors/facts about product lines ending.
Is there really any substance behind the layoffs? And if so what areas are really going to be affected? I have to believe management have a good view of the 2Q results, and thus a plan ready to be executed - anyone have any insight?