Thread regarding Oracle Corp. layoffs

Things must be dicey at the top right now

Can you imagine how bad things are in the executive suite right now? Cloud growth numbers are abysmal no matter how you cook the books.

Everyone but Oracle has serious growth and good potential. Looks like Oracle should have invested in data centers instead of call centers. Who knew?

Looks like you cant run the entire company on recent grads and offshore all development, support and expect success.

It actually looks like the customer cares and is smart enough to know a bs cloud from a real cloud.

Bumped from @V5Z8jyG-1bdq.

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Post ID: @OP+V7M7k1A

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Q: What does Oracle Cloud and Netflix have in common?

A: Both are built on a House of Cards

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Post ID: @3ckz+V7M7k1A

Oracle has had some interesting times and at least one near-disaster over the last 40 years, stemming from the way control/micromanagement of the "interesting stuff" and overdelegation of the "boring stuff" played out. Layoffs ensued, along with financial scrambling. Those who do not remember history are doomed to repeat it. Remember the Eighties? https://timesmachine.nytimes.com/timesmachine/1993/09/25/279193.html?pageNumber=39

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Post ID: @2hmx+V7M7k1A

Maybe should have invested in some data centers and infrastructure for sure. I streamed that SOAR to the cloud event this summer and it sounded good at first but then there seemed to be a lot of (endless?) consulting involved and the timeline was LOOONG "By providing a complete set of automated tools and proven cloud transition methodologies, the new “Soar to the Cloud” solution enables customers with applications running on premises to upgrade to Oracle Cloud Applications in as little as 20 weeks."

But if they have to buy hardware after contracts are signed they cannot ever catch up, I suspect. Very sorry for the employees. Some good people were there.

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Post ID: @1kiv+V7M7k1A

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