Thread regarding Oracle Corp. layoffs

Oracle doesn't think the shares are underpriced. They are propping up the stock value, because the guys at the top have borrowed heavily against the stock. They are just shoring up their own finances. Screw the company and the employees.

Oracle is just like Sears: https://www.cnn.com/2018/10/30/business/sears-share-repurchase/index.html

"They're just a waste of money. They're only going to give a temporary price bump," he said. "For a company as troubled as Sears to be doing repurchases, it's predictable it's in the state it is now."

You are working at SEARS people! You are wasting time working at SEARS!!

O spent two-thirds of its feee cash flow in fy2019 on share buybacks - $38 Bn - you think that’s sustainable? I don’t. When the buyback go down so will the share price. Time is running out

Still going down to $5

Care to make a prediction as to when this will happen? You've only been saying this for years, like a broken record.

Oracle is a complete and total dog and the rise in the share prices just makes for a harder fall. Still going down to $5

They are managing the numbers. EPS is up because of share buybacks. They leave fewer shares outstanding, so it automatically inflates the earnings per share. Fewer shares means higher number for earnings per share.

They are still hiding their cloud numbers. If the numbers were good, they would not be doing that. It's as simple as that. The market doesn't look into the company information in any depth. The company is still going down. It's just been masked by hiding real cloud revenue and inflating EPS with stock buybacks. When the buybacks dry up, it will be game over. You are probably safe for now with the stock, at least until the buybacks are gone.

There is nothing happening within the company that indicates anyone has taken control of the helm. More infighting, more junior high behavior, turmoil from VPs leaving, more reorgs in sight.... and I hate to say it, but more layoffs this year, most likely. In fact, the layoffs this past quarter may also have inflated Oracle's revenue numbers. Layoffs are part of the strategy in making the company look viable. They will occur. Exactly in what amounts, no one can predict at this point. I expect it will be a quarter by quarter thing. If they need to fix their numbers for the quarter, they will lay off people. No one is safe here.

This rally is stooges buyback. See what happens their money dries up

But but can we makeup layoff numbers.. Anyone?

Made up layoff numbers are easy, as they are not based in reality.

Let's see ... how about 50,000? Or why stop there? 60,000! To the moon!

ORCL is at $57.27 as I type this. Unless the broader market dips hard, I'd say that $60 is within striking distance/

@ZDd0CQd-kzx Oracle stock is a dog bro. Maybe checkout lift Microsoft or AWS if you want some return on your investment.

After hours trading is ridiculously thin - means nothing

Was not expecting that.

Stock up 5% in after hours.

Pleased to see the milquetoasts and other candy asses who post here were wrong. I'm still skeptical long term.

Also lower tax rate of 16.4% versus guidance of 20% helped EPS

This performance is lame, lame, lame. Smoke and mirrors plus a pack of lies.

EPS meaningless when you look at shares outstanding 3389 versus 4046.

One measly percent in Y over Y revenue growth - that’s no growth. Real cloud companies are booming.

EPS Beat is purely a function of layoffs and shifting work to experienced and cheaper work force in India.

Oracle is going nowhere here

Earnings good? I'm not one of the negative people here so I'm looking for something positive. I see numbers little changed from 2018. Up 1%. I'm looking right now at cloud and license revenue by ecosystem and applications is 11023 and infra 20971 for 2018 and 11491 and 21017 for 2019 that's for a total of 31994 versus 32562 so for fy19 if total revenue was 39506 and cloud app and infra was 32562 what was the 6944 remaining? Hardware and services? Yes. That would be correct looking at revenue by offerings. However, the revenue by ecosystem is misleading being broken down into only apps and infra when that amount includes cloud services and license support and cloud licences and on prem license. Those 4 categories do not correctly map into 2 categories of apps and infra. So there is no way to determine if the claim that ERP in both Fusion and Netsuite are each upn32%. If that's true and we are only up from 3022 to 3081 in q4 in apps then something else must have taken a big hit or 32% did not amount to much.

60+? I doubt that very much.

No immediate layoffs. They already occurred to make the numbers look OK this quarter.

Oracle still has a lot to do to make it:

• Oracle's customer's hate Oracle

• Oracle's employees hate Oracle

• Lots of defections to Google indicate those higher up know what's coming is not good

• Cloud numbers still hidden by being lumped into other revenue. You can celebrate when they unmask the cloud numbers and actually show they are growing. Otherwise, they are just saying the same B.S. as last quarter.

Clearly, they have fooled the market for now, but it will not matter in the end.

Hahaha... Who cares about layoffs? Told you holding ORCL stock was going to be good! We're heading to 60+ by the end of this week! EPS beat. Rev. Beat. Guidance beat. All those customers can't get rid of Oracle and will have no choice but to choose Oracle Cloud!

Lol. Earnings are good. Guidance good.

But but can we makeup layoff numbers.. Anyone?