Oracle's peak at $60 was short-lived. Kudos to the guy that cashed in at $60. With money running out for buybacks this year, the stock price will probably never be that high again.

https://www.sharesoutstandinghistory.com/orcl/ Buybacks continued to last quarter. We'll see what this quarter looks like in a bit.

So, another quarter has passed... Any major miracles occur? Are Oracle's cloud products all suddenly seamlessly integrated with one another? Have Oracle's customers suddenly decided that Oracle is a great company to work with and are buying like... — read more 

Confirmed by several different sources

In other words, what parts of the company are in most danger of cuts?

To everyone here, What keeps you in Oracle?

I expect a rapid uptick in posts here over the next 3 weeks. Remember you are not Oracle. You have a bright future. The market is the best it's been in 20 years for tech jobs. A package is a blessing! Accept it with a smile if you get one.

I was laid off on Aug 15th with along with other people from the Pillar's group., but I have not received the severance pay yet. I sent that signed agreement end of last week. Should be in their California office on Monday (Sept 2nd). Is there... — read more 

No major layoffs this past week. Total since 6/1/2016 remains 24,850. Happy Labor Day to those in the US - yes ironic, isn’t it. With summer over time to renew efforts to find other jobs.

Is there some internal site where i can get a copy of my employment contract. Been working for the company for a very long time so not sure what mine says regarding notice period.

This has been going on for far too long if you ask me. I’ve gotten to a point where I’m seriously thinking of taking a lesser paying job, just to get out of this mess. Does anyone feel the same way?

Any word on what locations and what kind of employees could be hit?

Very few companies have gone on as an aggressive stock buyback program as Oracle (ORCL) during FY19. The company far outspent the free cash flow the tech giant generated in the period in a positive sign to shareholders completely buried by the... — read more 

https://techcrunch.com/2019/08/26/oracle-files-new-appeal-over-pentagons-10b-jedi-cloud-contract-rfp-process/

No major layoffs this past week. Total since 6/1/2016 remains at 24,850. Keep looking the economy is still going strong. Don’t get stuck at oracle in a down turn! Good luck !

Full Text & Links Below...

Any rumors? What parts of the company could be impacted next?

Can anyone explain how / why the Firemen's retirement system is involved in this? As Frankel wrote in her article, the lawsuit, which was originally filed by the Firemen’s Retirement System of St. Louis, could be worth billions:

Would someone be able to explain why people are suing regarding NetSuite. Thanks!

My time is up. SCA.

https://www.reuters.com/article/otc-oracle/oracle-directors-shareholders-can-go-ahead-with-billion-dollar-derivative-suit-idUSKCN1V91UJ Oracle directors say shareholder lawsuit about alleged self dealing in NetSuite acquisition should proceed, but... — read more 

Well LE and most ohana had aloha filled 75th celebration. LE gave big aloha to shareholders of banks that loaned MEE movie money. Not pono. Whoever runs engineering, whoever has CTO title, LE will stay rich. Unfinished projects proliferating... — read more 

Just heard at lunch that there's a big reorg coming, almost certainly with lots of redundancies. Take the free money and jump ship to something better :-)

About 400 people laid off in the Pillar org this week. That brings the total since 6/1/2016 to 24,850. In other words, close to 25,000 experienced employees laid off in predominantly US and Western Europe and replaced by less expensive and less... — read more 

If anyone believes they have information related to Oracle's potential violations of securities laws you can submit your information to the Securities and Exchange Commissions Whistleblower Program. One common violation the SEC enforces is when a... — read more 

A bunch of people belonging to the Pillar org just laid off via a short conference call by Mike Workman (including me). Don't know the scope. Today is my last day. It is sad for the Pillar org. I personally am not sad as this works out for my family... — read more 

Dyn has been decimated from around 400 to 150. Office space has been collapsed in recent weeks from two floors in the building to one single floor and a skeleton crew. Everything that made Dyn a fun place to work (slide, multiple varieties of beer on... — read more 

**Google Cloud has changed how it pays its salespeople, ripping a page out of the Oracle playbook ** ROSALIE CHAN AUGUST 14, 2019 This story requires our BI Prime membership. To read the full article, simply click here to claim your deal and... — read more 

Heard rumours today about significant layoffs across 3 continents, amongst commerce teams

Oracle Corporation (NYSE:ORCL) Earns Among The Best Returns In Its Industry https://finance.yahoo.com/news/oracle-corporation-nyse-orcl-earns-173948718.html

Are BMC and OCI, two different orgs? Do they have PIPs/layoffs. Also how is PIP different from layoff at oracle?

https://www.romania-insider.com/oracle-romania-ceo-corruption-investigation https://www.occrp.org/en/daily/10448-romania-probes-software-company-ceo-for-bribes Romania's anti-corruption unit (DNA) launched an investigation into bribery... — read more 

The lazy hazy days of summer are here, nothing crazy so far. No major layoffs this past week. Total since 6/1/2016 remains at 24,450. Enjoy the summer days and keep looking.

Rumor is some of the lawsuits filed in the past on cloud revenue have some strong evidence and good testimony. Only thing keeping the court cases on hold is the stock price. No one has suffered a loss in spite of the inflated numbers. Bad news... — read more 

R&D towards the cloud? Or John Mayer for OOW?

Business Insider: Here are 12 execs leading Oracle's cloud computing push. https://www.businessinsider.com/oracle-executives-power-players-cloud-2019-7 Oracle's leadership doesn't know the cloud," he told Business Insider. "The top leadership... — read more 

September brings board meeting so read proxy statement to see what official word os about severance, buybacks, staff readjustments. Melting away, you know. That N guy with the deleted poem was a trip. Advance birthday wishes to Gramps... — read more 

Sorry, behind the paywall but you can sign up for a week long free trial. Pretty much everyone we love to hate listed in one place. Definitely recommended if you need a quick remedy for slow bowel movements.