10% Laid Off?

So are we saying 14,000 people out of the 140,000 global?

Is that enough to convince the market that we are a cloud company?

We keep hearing that if you are not aligned with the core mission of Cloud, Autonomous DB, and SaaS then you are at risk.

There are plenty of people working on many things that have nothing to do with these directly. We still have thousands of customers using on-premise software.

We still have developers developing new versions of on-premise software. Is that all stopping? If we are a cloud services company now, shouldn't all that development of on-premise software cease immediately?

What would that do to the existing customer base - the paying customer base whose license and support fees are paying for cloud development?

No one is talking about PaaS and Java, does that mean those are all in danger as well. Will Oracle just give that all up? What about all our Middleware? Just ignore it? Use whatever of it we can in support of SaaS? Not likely because now we have OCI that has its own stuff.

OCI and SaaS and ADB are a small portion of the total scope of what Oracle has provided to the global enterprise. Are we saying that we are scaling back to do nothing but these things?

If I were a huge bank or fortune 500 company working a on-premise software deal, would I consider looking elsewhere because I can't be sure that Oracle is committed to my needs?

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accordingly to Area DJ org lost 508 ppl

"I believe Oracle will continue to do well financially until somebody finds a way to free up its customers from Oracle DB hostage situation."

done: https://www.cnbc.com/2018/11/28/amazon-will-be-off-all-oracle-databases-by-end-of-2019-says-aws-chief.html

It is more than 10% for sure.

I believe Oracle will continue to do well financially until somebody finds a way to free up its customers from Oracle DB hostage situation.

I have never had to deal with Oracle, but in 10 years of talking to customers, I have yet to meet one that says a good thing about the way they are treated by Oracle. In addition, their "cloud" story is clearly nothing more than a story. This is the beginning of the end for a company that nobody will miss when it is gone.

This question was in response to someone speculating in another that the layoffs were not over and that it would be 10% globally when it was all over. Obviously, that's a huge number. Would it be possible? Its an interesting question. I think some people here are looking for actual discussion that they can't really have anywhere else. So little actual information is available within Oracle that these sites become places where sometimes insights are provided and people can have an honest discussion. of course, there's a lot of sh-- to wade through here as well. take this question of "if you feel you are not safe". that's a question that no one has the answer to and perspective from other people is useful. in reality, no one is safe but there are degrees of safety. "aligning to the core business" is also a great question that other perspectives are great to hear.

If you think you're in danger, start job hunting. Gossiping, speculating, and spreading misinformation here is not going to save you.

I didn't think it was 10% global, I think it was 10% from OCI due to being insulated for the past 5 years. I thought it was around 3k global, 2.3% of total workforce.

I would like to know the answers to your questions.

Good post

Thread regarding Oracle Corp. layoffs

10% Laid Off?

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