Thread regarding Oracle Corp. layoffs

If the numbers aren’t good by mid year a big wave of cuts seem pretty certain?

And I say this assuming the numbers are not going to be good. We are trailing behind the competition on all the mayor markets and I think the leadership is slowly but surely runnin out of techniques to keep the stock stable artificially. When reality shows its face, layoffs are the only option. I really hope I’m wrong, but I don’t see any other possibilities.

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Post ID: @OP+Y3mIirH

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Managers aren't meant to contribute. They are there to make sure you at low level to contribute. Directors will even more distant from real works. They travel from site to site and then stay the home majority of the time, no one can track them down. Once awhile spin out some useless projects with some skeleton guidelines. That is the motivation to get to that level. It is a corporate practice. India will be more severe.

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Post ID: @qld+Y3mIirH

There are many management people without any contribution starting from Manager to senior Director. Why company is still retaining them by paying huge salary. Many of them will come to office once in a while having there own business and just attend meetings remotely without making any contribution. The Management is like a one thief protecting an another thief. Total number of Managers in the org is more then the number of individual contributes. Unless or otherwise the lazy management people are removed from the organization the bright feature is just a dream for the company.

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Post ID: @srd+Y3mIirH

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