Well in typical Oracle tradition no warnings, just a tomorrow is your last day. 4 gone in a group of 9 spread across 3 sites. Honestly happy to be out of the morale k--ling atmosphere. Nobody is safe, 2 of us have a combined 40 years with Oracle... — read more
What is the best alternative to Oracle?
I'm done being a sitting duck and just waiting to be cut, I know it's coming as my volume of work keeps declining... I've updated my resume, and I'm ready to start searching for an option to leave on my own. I'm just not sure where to start, to be... — read more
Merger Dreams (Apple Oracle Merger)
This one cracked me up: "Anticipating the Merger of Apple and Oracle" By Rob Enderle - Jul 8, 2019 10:01 AM PT - https://www.technewsworld.com/story/86110.html Here is the wrap paragraph, you can open the link if you want to read the whole thing:... — read more
Stock SuperHigh, Layoffs and GlobalService spinoff. Time to be acquired?
Weird rumors around about MSFT buying ORCL... Not that weird... MarketCap is compatible... 1T$ vs 0.18T$... Business too (MSFT may want to boost their enterprise market)
When are the layoffs going to stop?
Is it naive to expect that this is ever going to stop? On the other hand it’s not logical for a company to continue eating up its very own organs until total destruction. Can we ever expet things to stabilise?
Is it just me, or does this page remind others of QAnon?
Rumors, gossip and some just simply made up stuff get's posted and when one thing out of 10 comes true, they say see we told you, we're always right.
Oracle has a problem laying off people openly
Oracle doesn't have a problem laying off people. It has a problem laying off people openly. This is a way for them to sweep the layoffs under rug. I would expect big layoffs this coming year. They are about out of money, at least they can't spend... — read more
Unofficial official layoff report
No major layoffs this past week. Total since 6/1/2016 remains at 24,336. If O disagrees with thus number, publish the official one. O’s future is not getting better so keep looking folks, keep looking.
On-premises is the new legacy" in databases
https://www.techrepublic.com/article/gartner-on-premises-is-the-new-legacy-in-databases/ ............ AWS now tops IBM and for all its chest-thumping bravado, for the first time Oracle's perch atop the database market seems shaky. Unfortunately for... — read more
Why are we still staying at Oracle?
I don’t want to preach the “get out while you can” story, especially keeping in mind that I’m also an Oracle employee that isn’t really doing anything about getting out of the company, even though I know that Oracle as we remember , no longer exists... — read more
Oracle's Growth Is A Question Mark....
Share Buybacks Could Be Coming To An End Another way the company goosed earnings per share was via share repurchases. During the quarter, management repurchased 112 million shares at a total cost of $6 billion... — read more
Why are people being transferred to Oracle Global Services?
Why are people being transferred to Oracle Global Services? They say it makes no difference, but a separate company where Amex cards had to be re issued in the new company name. Is a big split/sell off on its way? Post ID: @ZOkpRYn-1oha So, why is... — read more
S&P Downgrades Oracle, Citing Debt Due to Buybacks
https://www.morningstar.com/news/dow-jones/TDJNDN_201907027585/sp-downgrades-oracle-citing-debt-due-to-buybacks.html S&P Global Ratings downgraded Oracle Corp. (ORCL) to A+ from AA- as stock buybacks have increased the software company's debt. ... — read more
Future of OCI
Trying to interview with OCI team in Seattle. What is the future of OCI at this point?
Heads up
For all of you interested in signing up for the oracle minimum wage troll program, look out for the sign up in the next few days. We’ll be posting he link for you. The job is to disagree with and troll posts that say reasonable things about oracle... — read more
Oracle Global Services
Ok. So what’s the deal with OGS. New legal entity/owe, new Amex cards, what else? How many people are being moved over, by geo? What’s the purpose of setting it up on the first place? Let’s consolidate everything we known on this thread
Oracle BI rebranded as Oracle Analytics
Last ditch effort to save the business. Is there any hope for this team?
Unofficial official layoff report 6/30/2019
Looks like about 150 people or so were laid off this past week. That brings the total since 6/1/2016 to 24,336. No end in sight. Keep looking folks.
Broomfield campus shutting down in September
Sorry Broomfield employees, but you're gone in September. Enjoy the holiday next week, and start applying. Don't stay you weren't warned.
Oracle Divests itself of Digital Media Solutions and DIVA Content Management
5 years after the Front Porch Digital acquisition, probably a good news for the remaining employees, partners and DIVA customers... http://www.content-technology.com/mediamanagement/?p=1392
Bad news - JP Morgan CIO SURVEY
According to JPMC survey of 122 CIOs responsible for $82 Bn in annual tech spend, they will spend more on MSFT and AWS, will spend less on IBM and Oracle. Foot time to sell oracle stock!
ORCL all-time record high
The only way it up.
Oracle pays its CEO $1.2K for every dollar it pays its median employee.
Oracle pays its CEO $1,204.65 for every dollar it pays its median employee. CEO COMPENSATION: $108,282,333 MEDIAN EMPLOYEE COMPENSATION: $89,887 DODD FRANK RATIO: 1,204.6 to 1 ORACLE: https://www.doddfrankratio.com/company/ORCL Ranking:... — read more
Autonomous Database Dedicated
https://venturebeat.com/2019/06/26/oracle-launches-autonomous-database-dedicated-for-enterprise-customers/ So dedicated Exadata in Oracle's cloud center, which is rented somewhere? Will security agencies etc really go for this as opposed to on... — read more
Stock buybacks can't bail us out forever
I suspect there will be more layoffs in the coming year than in the last year. Oracle can't buy back stock at the same rate as last year..... so something has to happen to make revenue goals. There have to be layoffs coming up, and I think they will... — read more
Support - anyone else has all hands tomorrow?
My group has one scheduled for 10am tomorrow, worried. So I want to so want to know if that’s just another regular all hands or layoffs. Any other teams have hear anything on support?
RIF in CGBU Bedford
Confirmed 6 laid off today. New hires just came on board within the last month. So they are hiring and firing at the same time. Direct managers did not know until yesterday afternoon that they were laying off in the morning and who was being laid... — read more
Seeking Alpha: Oracle's Stock May Fall Amid Weak Results.
Seeking Alpha: Oracle's Stock May Fall Amid Weak Results. =========++++++===== https://seekingalpha.com/article/4271998-oracles-stock-may-fall-amid-weak-results Oracle's (ORCL) results do not appear to be as stellar as the stock's sharp rise last... — read more
The Pentagon stands by its decision to reject Oracle's bid..
Business Insider: The Pentagon stands by its decision to reject Oracle's bid for the $10 billion JEDI cloud contract: It's 'not in the same class' as Microsoft and Amazon. =========... — read more
Huge Multiphase Global layoffs are coming... we just don't know when
The latest 10-K for FY2019 did not include any advanced notice of money set aside for restructuring primarily due to employee severance packages. This was by design, we have no idea how large will be. Rumor is Oracle will shrink from 140k to less... — read more
Looks like investors are finally starting to wise up
https://seekingalpha.com/article/4271998-oracles-stock-may-fall-amid-weak-results Oracle's (ORCL) results do not appear to be as stellar as the stock's sharp rise last week would suggest. When digging deeper into the financials, one can easily see... — read more
RIP Dyn
https://www.unionleader.com/news/business/oracle-dyn-axes-dozens-of-jobs-in-manchester-millyard/article_9970c8e2-09bd-5d27-8d19-40603b1cd9a1.html
Market cap between M$ And o in past 5years
2014 Microsoft 500m 2014 oracle 230m 2019 Microsoft 1T 2019 oracle 189m
Deferred revenue, cloud growth.... Am I missing something?.
I must be missing something.... maybe somebody can enlighten me. Oracle reports results. I hear lots of b---s--- around the renewed Cloud success and growth. I look at the numbers and the deferred revenues are flat compared to past FY. Do analysts... — read more
No further action of CDC?
It's long time our team at CDC has no tasks, my daily routine is just spending 5 minutes to check email. I do not think Oracle will feed us forever.
Oracle stock price
Based on positive results and more than expected the stock price of ORCL has spiked.. Do you think it will reach 60$ soon or will go down in few weeks ?