#rumor

I was just told that Rick Fleisher and Anne-Marie Pepi left suddenly yesterday. No word if it was voluntary or not. Anyone know why?

A whole $5 drop and suddenly it’s DEFCON 1. Brace yourselves, people layoffs incoming. Dan the Man’s $75 “vision” is trending straight to clearance rack status. At this rate, just another 15k layoffs should get us that solid $60 target. Brilliant strategy 👏

I am hearing rumors of an OFSE spinoff again. What is the latest?

Heard from a bird. Can someone confirm.

2nd quarter
Finalized in April, announced in May?

What are you hearing?

Is something being planned for later this month?

Any truth to the rumor that Pennington is not closing just yet? No word on the rumored new building in PA and no communication from management on anything. Will everyone be expected to relocate to JC and NYC or will everyone just be let go? Will anyone get severance? When will any of this happen?

Someone said recently that anyone working Permian assets will have to move to Midland and all of the other Basins will be run out of OKC. Is this true?

Does anyone know if layoffs coming this month? Groups or teams impacted??

And those in other offices too, are you being ask to relocated to Bellevue, WA as well?

We are taking bets - stock will hit single digits by July.

Vteamers enterprise wide are busy watching the masters golf tournament today. They didn’t cut deep enough in the rifs.

I know of at least 2 people in our office, but there are probably more.

Grapevine tells me that a large Sales FY27 Go To Market Reorg is set for May.

Early May we will hear about Two items:
1) You must live in your Sales territory
(No more living in New York covering Florida for example)
You can find another gig where you live (good luck)
You can relocate on your own dime to be inside territory
Or you can leave Oracle

2) Sales Territories will be defined as Enterprise and General Territory FY27 for all of ORCL not just commercial

Goal is soft RIF: Still too many people and too many territories

No clue if any of this is accurate.
Let the world know if you know.

Hearing rumors of the tulsa office closing. Does anyone have any information on this???

https://www.thedailybeast.com/malignant-bill-maher-trolled-in-eyebrow-raising-hack/

Anyone heard that?

Will Reston office be around ? Hearing rumors it might close

Has anyone heard any numbers for Q1 yet? I’ve heard they weren’t great, but no details.

Also hearing of a RIF mid April. But I always take that with a grain of salt. Just curious if anyone here has heard any rumblings?

So what is the real story behind the CFO change? Not interested in medical history… was it stress induced or DW had enough?

Heard from a sales manager today Alpharetta is closing

Whitacre Tower in Downtown Dallas is and will always be our home. Don't fall for any of that Plano talk.

Lots of rumors swirling about this, anyone have details?

Rumors swirling robotics will be spun out for IPO or private equity.

Legal hold tech and ADM are going go next. SMBC will be last as it needs a major player to buy it

Anyone want to take a guess at who will take control after the company is run into the ground?

It is more and more visible in social media that people get angry and there is also copy paste trend about data protection. People are massively pasting under their random posts on Lnkdn the text:

“Is there a firewall separating OH patient data from your defense and intelligence infrastructure? Yes or no?”
And nobody responds.

Can somebody explain me what is this rumour about?

With Q1 done and dusted, do we think we see more layoffs?

Anyone has real info here? How many people and which business unit getting hit ?

Why is it so secretive? Are they going to reduce workforce by October ?

Any thoughts around the EMTech forum held today by D!lan Puke and the other BTC lovin' gang of yes men?

Would love to hear more on the AEST item that is coming for the sites that he mentioned but never really said much about. It's happening in Singapore first and coming Europe's way next. Canada's taking their flogging now.

When do you think they will hit the US and to what level? 30% 40%, more?

Site people listen closely

To show that I'm a yes man too, "Go BTC"

I am in IT, but I heard that the ELT is so upset with HR that the CHRO has to layoff 2 LT members by the end of they year. If they do that, expect other layoffs to be cover for it. Hunger games at its finest.

Not sure which group is worse to be a part of. IT or HR?

Genuinely asking. I've never been through that before.

Sound like Iran is doing some damage in Dubai to Oracle. Is Dell next.

many poeple have been let go recently but heard there is a plan to shut down the office . can anyone confirm it

Yikes!

Were or will they be affected?
Does anyone know something?

Just like Umbro, Cole Haan, and Hurley. Converse will be sold.