Topics regarding layoffs at Oracle Corp.

Topics regarding layoffs at Oracle Corp.

More layoffs

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 

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?

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 

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

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!

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 

by
| 950 views | | 1 reply (June 28, 2019)
Post ID: @OP+ZMQoh5q

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 

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

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 ?

Start a new thread - post a news comment, question or message:

: