ODC org reorg, VP biz dev leaving or left already, 3 others gone. Fact.
Rumor - this is the beginning of the larger reorg and rifs planned for August under TK.
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TK is a shining example of ego flipping off common sense and humility.
To paraphrase Springsteen- Blinded by the greed, wrapped up like a douche, complicit in the deed.
If he had any character, he'd have left on his own already
Management is all in denial that oracle is failed at cloud and basically on a death watch. What would they all do with themselves for the rest of their careers??? Most have about 5 to 10 years left to work. They’re just kicking this can ...and praying the market let’s them. Why not? Hopefully turn oracle will just disappear like SmithCorona
It’s pretty clear that oracle has already failed at cloud. What we’re watching is the slow realisation of the Market & the denial of the nearing octogenarian status founder.
TIMBER!!!
Oracle = Smith Corona
He's been saying for years that O will either be known as the company that successfully pivoted to the Cloud or the legacy vendor that ceased to change and went out of business or was acquired by a larger player.
Im sure this is completely and totally unrelated:
https://www.secform4.com/insider-trading/1468342.htm
1 year from when? This has already gone far too long.
I hear from reliable sources that TK has 1 year before things turn ugly. Am told he was"humbly requesting" sales to sell what he has delivered and stop Oracle from going down in history as most unsuccessful company in the world.
Looks like the cleanup in his org will start now.