Thread regarding Oracle Corp. layoffs

EMEA Country leaders (all from technology lob) been marking systems reps and managers that should be eliminated as they interfered to the ULA and fake cloud washing.

Timeframes are in May and massive layoff after WW10-11 (revenue window) in Q4 FY18

@Ry3Zokd-2aqw, what are the expected timeframes?

I'm finance business partner for Systems and based on the latest update budget files , there is an hiring freeze and at least 50 employees (not from OD) should be eliminated during the next months.

Amazing is the amount of not quota carrying : executives assistants, BDM's, Sales consulting, managers etc,

Storage sales and SC's are now on the hit list.

@Ry3Zokd-ogl, local prosecutors will take care of harassment, unlawful reorg, layoffs in profitable businesses and so on.

At a larger scale, lying to investors, misleading statements and clear support from HQ in the US and EMEA head, LLG, in all the previous.

Better, or complimentary to local, US HQ prosecutors.

Due to low revenue and higher expenses that the Dutch systems and storage leader in EMEA been handling , he has been requested to reduce his HC by 25% until end of Q3.

Interesting that this time they hit mostly senior directors and up (>M4) and didn't replace employees that voluntarily left.

Due to local labor laws in several countries the process will take longer then expected so less restricted labor countries will be the first.

Take the evidence to local prosecutors

@Ry3Zokd-qci, is this really the AT&T "megadeal"?. Normal ULA with a price commited at the renewal?. That sounds surprising.

Are they using normal infrastructure or Cloud @ Customer?. Or even disconnected Cloud @ Customer, which is nothing more than a normal machine with some onsite engineers taking care of it

Tech is just who sales the product customer wants -DB- and are paid Xtimes more commission if customers accept Cloud @ Shelf being included in the deal, lowering the DB bill.

Systems were just in the wrong place in the wrong moment.

@Ry3Zokd-fbj, not sure these are "Old News". Happened to me just past week, in Europe.

Sorry but termination of 150 sales and SC's in EMEA and moving to low cost Oracle Digital inexperienced and longevity of 6 month max in NEW NEWS of shutting down the EMEA/APAC systems business.

Any employee with SUN in his CV - goodbye very soon

Old news...

What going on @ EMEA systems ? Whistler-blowers , M6 in "garden leave" due to unethical behavior, Retaliation cases in several countries , VAD/VAR Bribery, side letters etc,

Technology sales LOB been destroying the systems business.

I can confirm that we in systems sales been forced to confirm and declare that we will not cooperate with any compliance & ethics investigations that is going on this days so we could get a position in the new organizations.

Looking now for new job in an much more integrity and ethical company. Don't want to be part of DOK organization.

Oracle's only play is to migrate existing Oracle database and apps to the "Oracle Cloud." The only customer they tout is AT&T (cloud at Customer) which basically has Exadata as a Service on premises with a 5 year ULA, and a 5 year renewal at the same price at the end of the first 5 years.

The "Cloud at Customer" offering isn't really cloud, as it sits in the customer's data center. But I am 100% certain the 200 million or so (guesstimate) AT&T paid for the 5 year ULA was ALL counted as cloud revenue.

Also certain that cloud credits sold for support reduction at 50% on the dollar are counted as cloud revenue. Also pretty sure the vast majority of that is not being consumed at all. Closer inspection of those customers in Oracle cloud... touted for marketing purposes are there for free or at a substantial discount.

@QswfiJB and @OurfSwz are two threads on this site asking about possible SEC investigations on Oracle cloud revenue. Cloud washing at Oracle is definitely real. We all know that the Sales people are incented to sell cloud above all else. If the sales people put cloud credits in the contract as they are instructed, then Oracle management will simply say... I was following what the sales guy put in the contract. Shame on the sales guy for scamming Oracle corporation to line his pockets with commissions on cloud credits. The highest managers will say they relied on accurate information from the SVP, GVP, VP and director... They will distances them from the deal.

Point is with all the cloud washing going on, cloud revenue growth is pathetic compared to every other single cloud vendor including IBM. Who's fault is this? Who is selling cloud at Oracle?

That's the problem! The entire field sales team. At the end of Q4 oracle will fire the weak legacy sales team and replace it with new Oracle digital call centers with super young super bright new sales people trained on cutting edge cloud technology.

Yes, I can confirm it, had to leave this month CGBU unit from Czech Republic

They targeted employees in UK , Spain , Italy , France , Turkey, Russia, MEA , Netherlands and more.

Now is your last chance to Speak up and collect evidence !!! No one is protected anymore

Of course they’re going to pick employees based on who’s willing to go along with cloud washing and get rid of those who don’t. That’s where your European labor tribunals come it - you need to expose Oracle misdeeds. Just do it!