Thread regarding Oracle Corp. layoffs

CX products are not selling and they cannot kept a healthy pipeline. The acquired products while stable and higher renewal rates, existing customers are not happy dealing with Oracle. Net New customers definitely do not want to work with Oracle. Because of this CX is no longer a primary focus and several cuts and consolidations are taking place across all departments. MH wants to focus only products he feels can compete and this happens to be HCM and ERP. CX will be a slowly sinking ship.

NetSuite, Oracle Data Cloud, Oracle Marketing Cloud, Oracle Social.

Right, or simply put, CX and competitor SFDC. Not a peep about it. MH lists a whole bunch of HCM and ERP cloud deals and touts 50% growth, but not a word about CX. There can only be one reason for it.

Bernie Madoff is running the books at Oracle ...

The accounting masquerade won't last forever.

is this what you were talking about @TKNOAqK-dqw?

NetSuite, Oracle Data Cloud, Oracle Marketing Cloud, Oracle Social.

Where was the wonderful NetSuite lift in the quarterly numbers? Oh! that's right, clients are now wary of NetSuite b/c its Oracle owned. They are already seeing the shift in service and sales tactics now that Big Red has overtaken the NetSuite ship. Won't be long now till LE and Co. will kill that company and brand too.

What about Oracle Data Cloud, any mention of them and the billions invested in it? 3rd party data is carp, clients have figured this out. That's a wasted investment. And Oracle Marketing Cloud and the crazy investments there (Eloqua, Responsys, BlueKai, Maxymiser, Infinity Analytics WebTrends, Compendium (dead product already) and Oracle Social) are virtually dying on the vine as clients abandon them at a 35% clip YOY.

....

Anyone notice which SaaS area was not mentioned with a single word, despite billions of dollars of acquisitions over the years? Another way of asking the same question: which major competitor did LE not denigrate?

3 hours ago by Anonymous | Post ID: @TKNOAqK-dqw

Cloud fraud ! And even then they cannot post decent cloud numbers. Yikes!

Restructuring costs were pushed to FY19 to be spread out over 3 quarters.

Restructuring cost is down 32% in Q4. Is that a good sign?

Cons call was great. Loved them starting off with the Credit suisse sycophant. Lob them softballs mister $60 price target.

Sorry to see your plight, losers.

If oracle fires MH today right away, stock could be higher tomorrow.

Anyone notice which SaaS area was not mentioned with a single word, despite billions of dollars of acquisitions over the years? Another way of asking the same question: which major competitor did LE not denigrate?

Poor, poor loser country club rats.

Hiding their sh-- again. Poor, poor rats. I feel so sorry for them.

Down to $44.50 in overhours trading.

MH says the lack of transparency is a nothing-burger. Nothing to see here folks :-D

What a wasted year. Hovering just above the 52 week low. Truly crushed the quarter and year. Lowest cloud revenues growing by the lowest amount of the major players. Awesome

Once again, MH should stop listing customers during an earnings call. This is a 100+ billion dollar company, not a startup. What a liability he is.

This is a really sad call. It's total desperation at this point. They are just struggling to get this call done.

MH it's just the beginning of the Autonomous PaaS offerings. Jeez when are they going to stop suggesting it's just the beginning of cloud.....LE customers just beginning their migration..,..,

Maybe next quarter they can just skip the conference call. :)

There is a strong correlation down the after hours stock chart and when MH opens his mouth. Would have thought Oracle ML would have caught that and turned off Mark's mic.

Falling like a stone now... down 4.7%

Down 2.96% after hours. Don't think analysts like Oracle changing the accounting yet again. While Larry lies about all assets in the same data center. Notice he doesn't say beginning to move......All the existing customers will have to be migrated.

Oracle beats on top line and bottom, goes up after hours, then gets crushed during the conference call when the co-CEO's humiliate themselves in desperation.

Btw MH, no one cares about Baylor University being one of the big "wins" of the quarter. You're on the board of regents there.

The stock is now down almost 3% in after hours trading. The conference call can't be going very well.

You have got to listen to this replay!! Liars, Liars...pants on FIRE!!

Safra is saying it's because of BYOL. LOL.

The stock initially traded up over $47 in after hours trading, but is now virtually unchanged. Will be interesting to see what the conference call brings.

“The company didn't disclose new software license revenue in the quarter.” from the same article.

It’s a smoke and mirrors game now. They can only play the shell game for so long. Analysts will see through this.