Over the next 3 quarters, 75% of contracts team will be cut (about 250 people). Get your resumes ready.
Oracle's insane cloud strategy
Amazon, Google and Microsoft invest billions in their own data centers and hardware. They have it down to a science. They have dedicated teams of engineers onsite in their own data centers to keep everything running smoothly with quick and... — read more
Oracle will be doubling, or in some case tripling, partner network fees starting Dec 9.
This board has little activity re: Oracle partners but here's my 2c on this change on this change for those interested: I work at a medium sized VAR and currently our OPN costs are $3k annually for a Gold level membership. This gives us access to... — read more
LE: Uber and WeWork are ‘Almost Worthless’
Via Barrons and archived via Outline.com: Link - https://outline.com/TfLjdh
Do Massive Layoffs Really Benefit Large Companies?
I think that simply cutting jobs isn't the answer. To be successful, companies need to change how the business is operated.
13000+ employees?
O is going the way of GE. Slooooooow death. 130,000 + employees, you kidding me. A company this size? What world is LE living in
There will be layoffs happening across the ODC and possible Org this Monday, September 23rd
ODC: Oracle Data Cloud Good luck everyone, it will be a big one. Heard this from an exec friend. I’ve also just been asked to come into the office on Monday by my manager.
New CEO
I’m a troll i’ll be honest on that but here’s the thing, how about making EM the CEO after LE buyS TSLA. It is quite possible that he may change thing around.
GBU status
Aside from HGBU, which I understand from another poster is laying off, how are the other GBU's doing: Financial, Utilities, etc? I was RIF'ed from one of the GBU's and while I'm happy where I landed, I still worry about those that I worked with... — read more
Oracle died in 2010
Innovation stopped when MH was hired. The cloud was missed, sun was gutted, talent was squandered costs were cut. True talent and innovation was replaced with mediocrity and status quo. When Oracle tried to pivot to the cloud it was too little... — read more
OCI laidoff
Two members as i know (which includes me). See you all on other side
Gag me with a spoon
Oracle now apparently has a new vision statement, something about data, unveiled by His Highness LE himself. What a F:ing waste of time. Talk about being totally detached from reality. Oh, yeah, that’s what as missing - now with the new vision... — read more
HGBU layoffs
10 people let go last Friday. 2 reinstated. Why why why? More coming.
Cambridge layoffs
Approximately 10 people RIFd this morning, sad times :-(
Everything Autonomous nothing to do - OOW LE Keynote
I think time is right to get laid off, LE just said that there is nothing to do anymore once you buy Oracle Autonomous stuff
Kurian on Kurian - The CEO of NetApp talks about moving to the cloud, transforming the business, and the lessons he learned from his twin brothe
Soruce Below... The CEO of NetApp talks about moving to the cloud, transforming the business, and the lessons he learned from his twin brother — who happens to be the CEO of Google Cloud NetApp CEO George Kurian recalled his journey from India to... — read more
Unofficial official layoff report 9/15/2019
No major layoffs this past week numbers wise, but obviously one very important layoff. That brings the total since 6/1/2016 to 24,851. One gone, two to go, but don’t expect that to change much of anything. Keep looking, the oracle trajectory... — read more
Oracle layoffs Thursday Sept 26th?
With MH gone, people have pointed out that HP kept to his layoff schedule even after he resigned. Multiple rumors pointed to a layoff after open world in September. So it's possible the marching orders given by MH will still be executed through... — read more
OCI Santa Clara vs Seattle
Anyone here get the feeling that the Seattle OCI folks really don't like the Santa Clara set of engineers? I'm not talking about the remaining classic teams, but the actual part of OCI teams in Santa Clara. Is it just perception due to remoteness... — read more
The 'workman'
If they did not make fake report that eventually removed entire Sun Hardware Storage, would Oracle be better than today? We spent 3 to 5 years and k–led a great project with no real progress. We are not tech company any more. It is just STUPID. — read more
got laid off twice (first time from oracle) - this is my experience
since i got laid off twice , you can probably tell that I am the kind who doesn't jump on new opportunities and the kind that get attached to their work - so if you are at oracle and settling for no raises / no career path / getting paid below market... — read more
Oracle Morrisville, NC Office
How is it to work at Oracle Morrisville, NC Office? How's the culture? Are they laying off?
Stagnant revenues
Oracle’s revenues are flat and missed the market consensus for q1. More importantly analysts have noticed that here is no growth here and earnings are driven by share buybacks. No enthusiasm for oracle in the market.
Where could reorgs start first?
I mean what parts of the company have the greatest chance of being a subject of a reorganization in the near future?
Layoffs coming after OOO
There are layoffs coming after OOO. I know ODC will get hit. Which happens always after companies are acquired.
Confirmed Rumors with Reorg warnings
I would like to call attention to a post on this site made about a month ago. It contained several rumors two of which have recently been confirmed. It lends credibility to potential reorgs coming in September and another around Easter. Just want... — read more
Anyone in Cloud Sales outside of Oracle?
How do you like it? Pros / Cons? Any input is appreciated.
Mark Hurd Leave of Absence Email to the Leadership
Source below... To all my friends and colleagues at Oracle, Though we all worked hard together to close the first quarter, I've decided that I need to spend time focused on my health. At my request, the Board of Directors has granted me a... — read more
Who will lead sales org?
Who takes over the sales org after T–d? Surely not SC
MH sacked just like John Bolton
Don’t kid yourselves otherwise. “You can’t fire me, because I quit”. Sacked. Shareholder lawsuit will rid the other two.
MH on medical leave
and SC and LE in lawsuit. They could all be gone soon. Who will take over? Not TK.
Mark Hurd Stepped Down
Mark Hurd Stepped down from CEO position with a reason of long medical leave of absence.
my sales director just accepted my linkedin request
i got fired at the end of FY19. i was in his sales org for 3 years lol. now i work at a company where ive had more facetime in two months with my upper management then i did during my time at oracle.
Unofficial official layoff report 9/9/2019
No T.I. has not quit! No major layoffs last week. Total since 6/1-2016 remains at 24,850. Keep looking, there are good jobs out there!
SC should have been fired by now...
SC lied to Oracle's board and during the investigation related to the NetSuite acquisition she sells 5 million shares which is the largest sale she has ever had. she and LE F-OVER oracle's balance sheet by over inflating the purchase price of... — read more
No More Layoffs...everyone is leaving on their own
Too many people are leaving. MH and the old sh**y disposition of HR have done a great job creating instability everywhere. So people started leaving. Now we don't have to fire, other companies have been taking our people in droves. People are fed the... — read more
3 things to do after a RIF (and 2 things to do before one)
3 things to do after a RIF Mail back your signed severance agreement using USPS certified delivery. This will confirm HR's receipt of your documents and ensure you receive your severance. Normal severance is 4 weeks salary for first year + 1... — read more
Oracle stock up 20% year to date, here is why!
Massive stock repurchases
Good Advice
If it happens — As difficult as it might feel, layoff can be a great blessing. Go with courage and confidence, and explore other career opportunities. I left Oracle a few months back after working there for 15+ years ... even though I was hoping for... — read more