The fate of about 300 people hang in the balance. About 100 sales people, about 60 sales consultants and a hundred of so staff in hardware field sales hangs in the balance. Here is the interesting thing, the sales people will be given a 90 day plan, no severance packages. What is at stake is how to transition hardware sales to business partners. As part of the move HD may absorb the organization. Its just a holding pen before execution.
Hubs are going live all over the globe. The Hub in Bangalore is 40% online, should be fully operational by the end of the year. By that time over 40,000 Oracle employees will be in India.
2015 Article:
https://blog.wisdomjobs.com/india-has-second-largest-number-of-oracle-employees/
Global software major Oracle has second largest number of oracle employees in India. Currently India has 10 product development centers across the country. “Of the 120,000 workforce we have globally, 31,000 are in India, making it the second largest after our employees’ strength in the US said Oracle president. Nearly 36000 people are in product development and 12000 work in India. Oracle started its first development center in Bangalore with 4 employees and it has wide spread across the country with more such centers in Hyderabad, Mumbai, Noida, Pune, Thiruvananthapuram and Vijayawada.
What is sad is that the sales for on prem is good for engineered systems and other hardware. Also field sales is out performing the hubs in hardware sales. But none of that matters. What matters is the execution of the "Class of program"
Its been posted here before but its always a good read:
http://www.businessinsider.com/oracle-class-of-program-college-recruiting-mark-hurd-2016-9
On a beautiful day in the fall of 2015, Oracle executive chairman Larry Ellison and CEO Mark Hurd flew to Austin, Texas. They were doing one of Ellison's favorite things: shopping for real estate.
"We literally walked the river looking for property," Hurd told Business Insider.
They were looking for a spot to build a new state-of-the-art campus to house employees that were part of Hurd's "Class Of" program, once an object of controversy inside the company.
Hurd had launched this program in 2013 to hire thousands of college graduates straight from school to become salespeople and help sell Oracle's cloud. It was the year he revamped the company's legendary hard-hitting sales force.
By the time Hurd and Ellison were in Austin, the Class Of program was proving to be a success. And Ellison had agreed with Hurd that they wanted to keep expanding it.
Its just window dressing on MH's plan to cut costs by hiring cheap employees and firing expensive ones.
In other news: an informal survey confirms 9 out of 10 Oracle employees are totally demoralized and unmotivated. (Conduct your own by calling 10 colleagues over the age of 25) We now have a thing where people book meetings to hang out at movie theaters and shopping malls. Most just binge watch netflix and HBO at home. Silicon Valley on HBO is a must see.
Most are banking on the severance package, and hoping they get it soon so they can look for another job. "Lay me off please," is a request commonly heard by mid level management. Its kind of like the robo cop scene where the guy gets dumped in vat of toxic waste and gasps "help me.."
https://www.youtube.com/watch?v=FftEeQmuDWM
Point being most Oracle employees are ready to be put out of their misery.