Thread regarding Oracle Corp. layoffs

2022 sunshine with stock 80$

Long ago Investor's made an elaborate request/ straight lines to O'board. About the cloud revenues and targets for LMS, to make their (company) presence felt in cloud market.

https://www.sec.gov/Archives/edgar/data/1341439/000119312517276868/d449795dex991.htm

Given the recent and latest happenings around the market and company, doesn't give a sense well being at least within company. And everything in company is going anywhere aligned to expectations (5yr)? (Last 2 qtrs n job cuts, isn't giving that belief so). What could be alternate plans?, with some real targets are lost.

Job cuts (consolidation for mgmt) and company boosting own stocks, which isn't reflects true market sense... is more alarming.

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Post ID: @OP+Z3emRwv

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$40 million ? Even if that was real cloud revenue, it would be completely and totally irrelevant. Who cares about a mere $40 million in revenues. What a joke!

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Post ID: @anc+Z3emRwv

what cloud revenues? Oh yah, there was a lot of chatter about those so-called cloud revenues in the lawsuit related to CLOUD FRUAD.

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Post ID: @kzi+Z3emRwv

OCI launched its 6th region of the year today in Seoul there are already over 50 customers that will start using the region and expecting over ~40$ million dollars of demand after launch. So, not as dead as you would claim...

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Post ID: @htx+Z3emRwv

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