Topics regarding layoffs at Oracle Corp.

Topics regarding layoffs at Oracle Corp.

Larry in Openworld

Remember how LE bashed AWS services https://www.google.com/amp/s/www.geekwire.com/2016/oracles-ellison-rips-amazon-web-services-performance-price-openness/amp/ Curious what would be target this time (after OCI’s failure)

Layoff tips

US exes, all of the layoff paperwork suggests that we need to either cash out of our 401k or roll it over. I called Fidelity, and they confirmed that we don't have to do either (whew -- glad the rules didn't change). We can leave it where it is and... — read more 

MSFT @ 1 Trillion

That’s right, the market cap of MSFT just passed one trillion. And Oracle? Well, stick around $180 bn, hasn’t gone anywhere for a very long time. What’s with that grandpa? Strategy not working? Thought you were the cloud guru. I guess not so much... — read more 

And so it begins ....

About 40 folks would be let off in OCI security in India next week. Entire teams of QA and Dev are asked to leave. The folks who are going include good performers, bad performers, new joiners, employees who have spent their better half of their... — read more 

Extra, extra read all about it

The Reg: court drama: did Oracle bully its customers into the cloud? Nine insiders to blow the whistle Www. Theregister.co.uk This is getting interesting. Jail for the 3 stooges looking more likely by the day.

Driving away talent

Oracle is driving out anyone with talent, why would anyone stay somewhere when you never knew if this paycheck will be your last, or if you'll get laid off to save paying you RSU's? The only people staying are those to afraid/complacent to find... — read more 

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| 1760 views | | 1 reply (June 7, 2019)
Post ID: @OP+Zqtau4j

Back to the future

Well, with the Azure announcement I hope it is now clear to everybody what Oracle’s future looks like. Namely, Oracle is going back to being a DB only company supplying cloud based DBs for other companies SaaS apps, this having give up on its own... — read more 

Pay Cuts Instead of Layoffs

Pay Cuts Instead of Layoffs, a wonderful idea??? NOT! I can understand putting up with a pay cut if the economy were such that it would be very hard to find a job, but otherwise, I'd start looking now, especially if you are in a business unit that... — read more 

So removed from reality

Millennials consider office hours with the CEO the #1 perk a company can offer (NOT ping pong tables or beer kegs) - our executives are so removed from the worker, no wander there is no fresh blood around.

Oracle's Leadership in High Tech Industry

Oracle isn’t leading the way to anything. Not truly investing fully in these initiatives means they will always look like the cheap a-- option provided by one of the most despised tech companies in the world. The Database market is very mature, with... — read more 

Direction

Cloud and On Prem will be separate orgs. There will continue to be at least two sales reps calling into every account, one saying to buy on prem licenses, and the other saying to buy cloud, each undermining the other. The "ISV" comment means that... — read more 

Cloud competitors

LE miscalculated His approach was “we will just buy them” And the cycle accelerated and valuations got out of control Good luck playing catchup in the cloud, never worked Game over

Will there be more today?

Do we know? I'm not looking forward to going into work today. So many different rumors of more layoffs have made me even more nervous than I usually am - if that's even possible at this point. I'm really starting to think that something other than... — read more 

LOL all the way....

This is just brilliant. Had to put this at the top of a thread: "If a tree falls in a forest and no one is around to hear it, does it make a sound?" "If a cloud fails and nobody is using it, is there actually downtime?" Post ID: @ZnXa1hs-pqh

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| 1050 views | | 1 reply (June 4, 2019)
Post ID: @OP+ZoSBj4F

Where's the beef?

Like I said, no massive layoffs. mostly sales refresh; something that happens yearly. Sure, a few here and there as expected .... but no beef. Certainly not 10% or 10k heads. So what new date(s) are you tinfoil hats predicting now? I need to pencil... — read more 

Geek wire story - ouch!

“Oracle lays off hundreds from its Seattle price as its cloud strategy remains grounded” “instead of a real check on the growing power of Amazon Web Services, Oracle’s Larry Ellison offers nothing but words”... — read more 

Today is the day for Sales layoffs

Product groups already had their big cuts. You can't cut sales teams during Q4. But now it's a new year, today is the day that Sales re-orgs happen. Worldwide cuts in Sales, partner, GBU, services.

Leaving Oracle

I decided to leave on my own, honestly I cannot handle uncertainty and I’ll be submitting my resignation on Friday. I've been with Oracle for about seven years. If you are planning to do the same thing please make sure to have something lined up... — read more 

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| 1611 views | | no replies yet
Post ID: @OP+Znt5TXd

HUGE layoffs starting today June 3

Large teams are being asked to join conference calls. The calls last 3-4 minutes and you are cut. Please comment with your position, years of service and severance details: OCI Iaas Sales - 15 years - 1 month severance

Layoffs ARE coming

But I'll agree that rif's are coming because it's JUNE, it's FY20, it's that time of year and sales gets new terrritories & comp plans, people leave on their own and we always have reorgs in Q1. Exactly this, folks. Anybody who has been here for more... — read more 

Oci culture and values

Recently spoke to a hiring manager in oci. He highlighted how oci is different from rest of oracle and highlighted ‘oci values’ (which he said unique to oci). But, what I read from here looks different. Can some comment on culture and work at oci. Is... — read more 

There is no massive layoff coming

The tinfoil hat brigade is in full affect due to some 'vibes.' Most likely a reorg. Some trimming due to this shuffling. That's it. It's expected since TK left only a few months ago. It's a delayed trickle down affect. But for every rustle in the... — read more 

Was Oracle removed from layoff for a short time today?

I was getting errors that Oracle did not exist on the server and it was not even listed when searching from the home page. I was getting paranoid the Oracle shut things down. Oracle probably did force a shut down but forced layoff.com to restart but... — read more 

Unofficial official layoff report

No major layoffs reported this past week, total since 6/1-2016 remains at 23,686. That may well chafe, however, based on expected reorganization and what not over the next week or two. Best of luck all and keep looking!

Pivoting, pivoting

Given the general confusion, it occurred during to me that some clarification for the unwashed and uneducated masses, might serve a purpose. So listen up: Oracle is executing a classic pivot - same vision, new strategy based on what we’ve learned... — read more 

Stealth layoffs are even a bigger threat

Think about it, while we're debating rumors about potential mass and organized layoffs the sealth ones are being done company-wide every day, and they go on and on, claiming even more victims when you add the court through a longer period of time... — read more 

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