Thread regarding Oracle Corp. layoffs

Since when did building a copy and trying to catch up with leaders become a sound and innovative business strategy?

I am trying to figure out the new world order and make a place in it. I'm not moving to Seattle though. I am disheartened by the inequality I'm seeing being created by market pressure in the west coast, Seattle mostly and OCI mostly. I understand we need to pay for resources to build a cloud. I question whether hiring people to build a copy of what is being built at other leaders in Seattle is the right approach. Since when did building a copy and trying to catch up with leaders become a sound and innovative business strategy. But I'm no expert. I'm tires of no raises and no stock and no appreciation for the hard extremely hard work that my team and I do in an area that brings in actual revenue and gets customers using Oracle software. Both onprem and cloud. The current confusion is weighing on people. No one knows what's going on. People they've worked with are leaving and there no indication of what comes next. Finding your way is difficult because people don't want to work with others. Trust is gone. There is a lot I believe in. Oracle is not disappearing. There is probably not fraud on cloud numbers, just games with reporting methods like every other company. The 3 CEOs are not out to destroy the company by extracting their riches and then bailing out. Oracle has a long life ahead of it. However, there is a leadership problem. I suggest spending time reading LinkedIn because you will get an entirely different and positive perspective. The truth lies somewhere between here and there. We see it day to day with rumors and no communication of changes and no communication of much really. We see it with no increases and no stock and no bonuses. We see it with an obsession with metrics and process. That's a reality that exists beyond these anonymous forums. This is not new. When you see the development group for the onprem and even the cloud product you work with being almost completely wiped out but then hear absolutely nothing from any leadership, all that is left is rumor and fear to fill the vacuum. It's probably best to stay away from places like this and just focus on positive things and enjoy your work and accept that your salary is what is. Sticking your head in the sand is probably good for reducing stress. Plus, you never see them coming for you.

Extremely well said @YI5iOuv-yyf

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Post ID: @OP+YIxnwvc

5 replies (most recent on top)

And in the cloud world Oracle can't buy marketshare because all the cloud players are several times larger than Oracle.

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Post ID: @3cmf+YIxnwvc

For the past 10 years we've not been an engineering company building our own stuff; we've been a financial investment machine that buys the innovation from other companies. It shows. We've become the Sears of the software industry. My job is in the revenue stream; I work directly with our customers and yet I"m told 'no money for raises', which is b---s--- and we all know it. My old manager found money every other year and now that he moved on I get this line of c-ap. Our dev teams are not replacing their losses. Employees have always been considered a liability, not an asset in this company.

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Post ID: @3qfb+YIxnwvc

Oracle is based on copying other companies.... it would drive me nuts.... the marketing people know nothing... they are always saying we need to make a bad copy of something else that is out there. It's sad, so sad.

Oracle is a dying company. This guy's suggestion to stick your head in the sand, is NOT a good idea. That's really stupid.

Get your resume in order, take charge of your life, don't let oracle run you. Update your skills and get that next job. You can do it.

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Post ID: @1eut+YIxnwvc

Though I am no fan of copy cats. China is an example-they are super power.

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Post ID: @1zmh+YIxnwvc

ORCL tried to build it themselves (whatever that fragile script-driven ball of mud was called), it was a failure, and they acquired some companies (e.g. Nirvanix) and those bombed too. With these strategies that yielded zero market traction, what else do you want them to do?

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Post ID: @vao+YIxnwvc

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