Thread regarding Oracle Corp. layoffs

Over $400 million for the compensations of top 4 Oracle’s execs.

I gotta admit that reading this article made me sick. 400 mil for the paychecks and bonuses of only for people is disgraceful, especially keeping in mind that Oracle has been, pretty much, living of its all fame and has been a failing company in nearly every new market that it’s entered. Imagine what they would be asking for if they were more successful leaders.

https://www.nhbr.com/December-7-2018/Four-top-Oracle-execs-total-compensation-tops-400-million/

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Post ID: @OP+WlE0qsJ

9 replies (most recent on top)

The corporate golden rule: those who have the gold make the rules

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Post ID: @1slk+WlE0qsJ

All three of the stooges subtract massive amounts of value, each in their own unique way. The money get get paid is pure waste and destruction of shareholder value.

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Post ID: @1ree+WlE0qsJ

MH doesn’t add zero value...... he has a negative value effect on Oracle. Still never figured out what LE sees in him.

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Post ID: @1nzl+WlE0qsJ

The number 4 is spelled four not for.

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Post ID: @1iac+WlE0qsJ

3 big piggies 🐷 oink, oink, oink

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Post ID: @1vut+WlE0qsJ

and its looking more and more like no focal this year.

If line managers haven't processed the focal for their employees yet, there is about zero chance of a focal effective Jan 1. That could mean two things:

(1) no focal, period. Presumably no bonus either.

(2) it gets once again pushed out by a month or two, as has been standard practice for years.

In any case, unless they wanted to distribute TK's personal part of the compensation budget to the troops, it would likely be a tiny budget anyway, limited to a small subset of employees.

Feels good to be out and not have to worry about it anymore, though.

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Post ID: @zac+WlE0qsJ

mh can then buy better quality wigs, then , made in america, not india ...

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Post ID: @ncb+WlE0qsJ

and its looking more and more like no focal this year. last year's focal was announced late and was really small but at least we had heard by now. apparently this is ok with most employees.

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Post ID: @qex+WlE0qsJ

Aka looting ; I guess this is how corporate America works, especially when the chairman of the board controls 30% of the company; shareholders have very little power.

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Post ID: @dnt+WlE0qsJ

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