Thread regarding Oracle Corp. layoffs

Executive cost reductiond

One thing we seem to have missed in all the mirth about TK ‘leaving’ is that his departure results in a significant reduction in costs - $50m - $100m a year all included? Nice addition to the bottom like and EPS. Who’s next? Maybe MH? That would be another nice bottom line addition in a sea of declining sales and profits. Could it be true that oracle had now reached the point where they have to start dumping the stooges overboard to keep up EPS? LE will do that on a second with no qualms or morals. May be fun to watch.

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Post ID: @OP+WeMPCTt

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Yeah, the guy is a total anchor around oracle’s neck, the cost of having him around is astronomical. There is a reason oracle is becoming the next HP.

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Post ID: @ypy+WeMPCTt

MH leaving would be with more than his annual $$$ package ........ he adds negative value and Oracle loses many deals from his “executive “ sponsorship in deals.

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Post ID: @cru+WeMPCTt

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