How is it to work at Oracle Morrisville, NC Office? How's the culture? Are they laying off?

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.

I mean what parts of the company have the greatest chance of being a subject of a reorganization in the near future?

There are layoffs coming after OOO. I know ODC will get hit. Which happens always after companies are acquired.

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 

How do you like it? Pros / Cons? Any input is appreciated.

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 takes over the sales org after T–d? Surely not SC

Don’t kid yourselves otherwise. “You can’t fire me, because I quit”. Sacked. Shareholder lawsuit will rid the other two.

and SC and LE in lawsuit. They could all be gone soon. Who will take over? Not TK.

Mark Hurd Stepped down from CEO position with a reason of long medical leave of absence.

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.

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 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 

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 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 

Massive stock repurchases

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 

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