Thread regarding Oracle Corp. layoffs

Engaging a woman CEO when the ship is sinking and blaming her is a well known trick. HP, Yahoo and now Oracle.

I still do not understand why MH has been engaged in the first place he just had such a contrivertial past. Maybe he likes sailing.

In fact, if it works the way it does in other areas at Oracle, they could be sabotaging her to take the blame for the company's failures. It would be interesting if she was the one that was blamed publicly.

It is amazing the lengths that some men will go to to sabotage a woman at Oracle. Destroying an entire project, just the "get" the smart woman is common.

Would LE and MH get together to sabotage Oracle, just to blame the woman and make her quit? I think it's entirely possible after what I have been through.

I'd believe that SC could be getting sidelined. As an ex-female employee, I actually wonder if the reason for having 2 CEOs is that LE is a misogynistic a--hole who couldn't stand the idea of having a female CEO. Had to have a male buddy to serve with her to make it look like she wasn't really in charge.

If not, it is still an amazing parallel to how women are treated within the company. Misogynistic behavior is rampant at Oracle, and most likely that comes from the top a--hole.

So the internal folks who may be in the know says there are whispers on the floor in HQ that MH requested. Ok demanded that the numbers be changed and reported the way they were. Apparently SC, had no ability to convince him otherwise and told them the result of reporting Q4 would cause much concern from outsiders looking in. LE was in agreement with MH. Some feel SC may leave of her own will sometime this year. She has reached a point of frustration and has lost any real ability to influence at the table.

If there ever was a huge, gigantic red flag, the changed reporting would be it. If you own oracle stock, get out now, before it goes to zero on cloud fraud charges/ lawsuits

First, they don't report the hardware business number, now they don't report the cloud revenue number. You just know the ship is sinking but they don't want to tell you how fast.

The facts seem to be straight-forward:

• Oracle started extremely late to the cloud. Later than all the other cloud players.

• Oracle was made up primarily of employees who know absolutely nothing about web development and cloud applications.

• Oracle spent less money on cloud development and expansion than every other cloud player.

• Oracle development outside of the database area was poor to start with, due to years of an acquisition strategy that caused good developers to flee the company and caused internal struggles between acquired company camps.

• TKs org has severely deteriorated, due to a top-down management style that does not allow issues to be raised and dealt with. It is an organization filled with incompetent yes-men managers who expect the developers at the bottom to keep their mouths shut and be yes-men too. The result is an unbelievably incompetent and corrupt development organization that cannot create even on-prem software, let alone cloud software. Good developers FLEE organizations like this.

• Because of the incompetence and corruption in development, cloud applications were poor.

• Instead of dealing with actual problems, multiple cloud platforms were created, wasting resources.

• The "cloud" apps were poor and full of bugs. They were not integrated with each other since they were developed by different groups working against each other to grab their own territory. Each group working to make sure the other groups fail, to insure their own jobs.

• Salespeople were forced to try to sell the "cloud".

• Customers did not want to buy because of the problems with the cloud software (above).

• Pressure and incompetence at the top of the company caused salespeople to use tactics to pressure customers to purchase software. These tactics included underhanded audits of customers to extract millions of dollars from them.

• Since the customers were not interested in Oracle's cloud, the management came up with a strategy of trying to force the customers to use it by giving them cloud credits in place of paying millions of dollars to Oracle for audit violations.

• The customers were not interested in using the cloud credits.

• The customer success group was created to force customers to use their cloud credits.

• That didn't work, so some of the CSMs logged in AS customers and faked the use of the cloud credits.

• The upper level management sat there and watched this all happen, as they saw the cloud revenue die to the point where they could not publish the numbers openly.

• Somewhere along the way, MH had a "great" idea, that the problem had something to do with the expensive sales force. Since he was too stupid to know anything about how the software was created and the fact that it was complete crap, he decided to decimate the sales force and replace them with cheap inexperienced kids who have no idea what they are doing.

• Since the software is complete crap and the customers are really pissed off, removing sales people will not help, it will simply cause sales to come to a complete standstill.

• The reality is that the problem is development, primarily with the development management who all cover for each other. Layers and layers of expensive clueless people who's only "job" is to say "yes" to the incompetent manager above them.

Anyone in Oracle management who wants to know what happened should read this layoff site. All of these problems have been explained here.

But, that would involve the top-level management listening to input from people below them who know what is going on. They can't do that, that would show weakness, and an admission that they actually need information about what is going on to make decisions. Instead they prefer to pretend they know what they are doing.

Consequently, there will be no recovery for Oracle any time soon, possibly never.

Nothing is going to magically change, the problems are too ingrained in Oracle culture.

Ship is going down, get out now while you still can maintain some kind of dignity.

Honestly, I'm surprised analysts are surprised.

There were red flags with oracle since years.

But ok, they just follow stupidly what LJ, SC and Mturd say.

Maybe they should come more often on that board, they wouldlearn a lot more ...

Even from the HR oracle s?ckers present here.

Below $43 and sinking. No more lipstick around to put on this pig