Thread regarding Oracle Corp. layoffs

Oracle Should Stop Stock Buybacks

Stop stock buyback ASAP and channel the money into R&D. We need to develop viable and useful products and Oracle stopped doing this long, long time ago. The board needs to be replaced ASAP and the entire C-level lineup needs to be reexamined. That's the only way to survive and time is running out. Do it now!

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Post ID: @OP+VQUGgAt

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Realistically it's too late. You can't buy yourself into the cloud market even with $10B. Neither adding thousands of headcount, rolling out new datacenters, or acquiring building-block cloud companies is going to matter at this stage.

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Post ID: @wmd+VQUGgAt

If buybacks were to stop the share price would crash, LE would get margin calls on his borrowings against oracle stock that he cannot meet, his lenders would sell the stock, LE would lose control of oracle, shareholders would install a new Board.... Dream on, they will not stop buying back shares as long as LE is alive and they have the cash

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Post ID: @hdq+VQUGgAt

Dream on, it's over!

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Post ID: @zrk+VQUGgAt

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