Topics regarding layoffs at Oracle Corp.

Topics regarding layoffs at Oracle Corp.

A perfect atmosphere for layoffs

It’s been awhile since my team saw layoffs. One would think that that fact will give us a greater sense of security, but no, people are always in constant panic and rumors can’t seem to stop. We also see some symptoms that something could happen in... — read more 

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| 910 views | | 2 replies (last March 17, 2019)
Post ID: @OP+Y6dvhpN

Rif started

Layoff will start soon ..Be ready any time you will become unemployed...same day they may call you and ask to leave...

Oracle Q3 EPS actually down 21% than reported

Let me explain: O’s Q3 EPS is 21% lower in 2019 than it was in 2014, using the 2014 weighted average common shares outstanding Q3 2019 Net Income reporter 2,745 Reported EPS: basic 0.78, diluted 0.76 WACSA Q3 2019: basic 3,526, diluted 3,617 WACSA Q3... — read more 

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| 1140 views | | 5 replies (last March 16, 2019)
Post ID: @OP+Y5LFkZZ

Layoff9

What will be notice period on lay offs...how money will we get dut

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| 1520 views | | 6 replies (last March 17, 2019)
Post ID: @OP+Y5miMk0

Anything rumored about Cloud?

Maybe this is a good thing, but I always get that nervous sensation when all is quiet. I guess I always think of it as being the calm before the storm. Any rumors or info regarding layoffs at Cloud and if yes what number of employees could they be... — read more 

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| 1101 views | | 1 reply (March 15, 2019)
Post ID: @OP+Y5x5Uh2

Fortune: oracle had no cloud clothes

Wow: now even usually obsequious Fortune has declared that: “The Silicon Valley company’s third fiscal quarter results show plainly that this software emperor has no cloud clothes “ The truth is the truth!

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| 1130 views | | 5 replies (last March 17, 2019)
Post ID: @OP+Y5ZjVjg

Good Luck and Best Wishes, Oracle Management Cloud

Hearing that Oracle Management Cloud (OMC) is no longer in favor and could be on the chopping block. Once the darling of the company with strong EM revenue as a foundation, it looks like the OMC road has dead-ended. Rehearse your interviewing skills... — read more 

In what areas will Oracle cut the employees the most?

When layoffs come, and at this point I think it’s safe to say that they will come sooner rather than later, from what parts of the company could they be RIFing the most. Is it possible that Oracle abandons some of its businesses that are not turning... — read more 

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| 2110 views | | 2 replies (last March 15, 2019)
Post ID: @OP+Y4iks2y

Today’s revenues and earnings will s---

I have to believe today’s numbers will be plain bad and EPS would have been an absolute disaster without the $10 Bn share buyback this quarter. Desperate times call for desperate measures I guess. Oracle totally s---s under the mismanagement of the 3... — read more 

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| 1540 views | | 8 replies (last March 15, 2019)
Post ID: @OP+Y4RpozZ

Lazy management

There are many management people without any contribution starting from Manager to senior Director. Why company is still retaining them by paying huge salary. Many of them will come to office once in a while having there own business and just attend... — read more 

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| 1620 views | | 9 replies (last March 14, 2019)
Post ID: @OP+Y3RfqBm

Layoffs this week

Heard rumour about 100s being laid off yesterday in Oracle IDS & other teams. Is this true? Can we get more info on it?

How many people could be let go by the end of 2019?

This is a hypothetical question, and I know that is hard to determine. Aside from that I would like some opinions on what numbers can we expect and what are the areas in which layoffs could occur the most?

SALES

Huge layoffs pending at Oracle - in the OCI group?

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| 1370 views | | 1 reply (March 12, 2019)
Post ID: @OP+Y2ek4jZ

Layoffs in India ? Severance package ?

Hi All, Any info on Layoffs in India ? Anyone have clue on the Severance package offered in India ? Or how the process is done? Please let me know. Thanks.

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| 4280 views | | 4 replies (last March 12, 2019)
Post ID: @OP+Y2fGy56

Yet another downgrade

Nemura downdrafts oracle for the share buybacks - $75 Bn since 2012, completely unsustainable for oracle to spend $10bn per quarter. Stock will go down as cash declines and debt goes up, while revenues and profits go to Hell in a hand basket. Oracle... — read more 

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| 1060 views | | 6 replies (last March 14, 2019)
Post ID: @OP+Y1bFICg

the Lifeboat

In a layoff situation where you are at a company that is not doing well, the usual rules no longer apply. In normal society, we don't think about having to eat one another to survive, we can all get along as long as there is a way for everyone to get... — read more 

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| 990 views | | 1 reply (March 12, 2019)
Post ID: @OP+Y1hbNDD

Laid off for having a depression

Recently I had the chance to discuss a bit in more detail with a colleague who was laid off about a year ago and what she told me was very disturbing. We were both working in TK's org, but in different teams. A few months before her layoff, her team... — read more 

Layoff process and severance package

What will be the layoff process for impacted employees in HQ US? Will mgr let employee know or it is HR? How much notice ? Also, how to estimate severance package? Is this negotiable in some way?

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| 2650 views | | 4 replies (last March 18, 2019)
Post ID: @OP+Y1SKq44

Seriously, no layoffs lately?

Was there a significant decrease of layoffs at Oracle, or have the people just stopped posting about them? I remember when folks reported layoffs at specific locations on this board, but in the last couple of weeks all I see here is general talk and... — read more 

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| 1170 views | | 5 replies (last March 18, 2019)
Post ID: @OP+Y1LDeI0

Unofficial official layoff report 3/10/2019

No major layoffs this past week. Total since 6/1/2016 remains at 20,396. Would not be surprised by another layoff following this coming week’s earning report. Keep looking!

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| 745 views | | no replies yet
Post ID: @OP+Y0Rmv2r

I wonder how the numbers would look without stock buybacks?

The oldest trick in the book, when you want an artificial raise of the stock, and the Oracle leadership is not shy of doing it on a big scale. Any way to find out the realistic value? I doubt it, but it would be certainly interesting to see.

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| 871 views | | 3 replies (last March 11, 2019)
Post ID: @OP+Y0zB0bV

Oracle UK tweaks financial reporting, sees revenues rise

https://www.theregister.co.uk/2019/03/08/oracle_uk_accounts_2018/ In reality there is no revenue boost, they just switched how they define their work. At some point Oracle is going to run out if accounting tricks and then the bottom will fall out.

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| 780 views | | 2 replies (last March 11, 2019)
Post ID: @OP+Y04VBvM

Earnings call next week. Predictions?

Any predictions for next week's earnings call on the 14th? Here is some advice from another post that you should keep in mind: Remember there have been big stock buybacks and they have auth to buy $12b more. This will make earnings per share look... — read more 

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| 1040 views | | 1 reply (March 10, 2019)
Post ID: @OP+XZBaXAm

Bad promotions all around

Architects protecting their turf, and not letting new tech adopted is another problem. Unfortunately, they are protected by management and VP from: @XXIORef-1agr Oracle is in deep doo-doo and the management never wakes up. A lot of the VPs don't know... — read more 

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| 1680 views | | 7 replies (last March 10, 2019)
Post ID: @OP+XZMoH9n

How comes posts getting wiped out in here?

I just commented here on something a few hours ago and now the entire thread is gone. So much for "independent" discussion board. I guess the same goes for your privacy.

Will the earnings tell the story?

I get it, if the numbers are not so good then cuts are almost certain, but I tend to think that even good numbers on the earnings report don’t necessarily mean that any of us is safe. Think that they made their mind up regardless of the results... — read more 

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| 983 views | | 1 reply (March 8, 2019)
Post ID: @OP+XYU1EFH

It's "pseudo code" dipshit...

It's "pseudo code", not "sudo code". It's not a linux command. Oracle "architect", can't expect much there, can you.

Layoffs after earnings on Thursday, March 14th?

REDWOOD SHORES, Calif., March 6, 2019 /PRNewswire/ -- Oracle Corporation today announced that its third quarter fiscal year 2019 results will be released on Thursday, March 14th, after the close of the market. Oracle will host a conference call and... — read more 

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| 2850 views | | 6 replies (last March 17, 2019)
Post ID: @OP+XXoponY

Is T–d a billionaire yet?

A Rare Find In Silicon Valley: A New Woman Billionaire In Tech https://www.forbes.com/sites/angelauyeung/2019/03/05/a-rare-find-in-silicon-valley-a-new-woman-billionaire-in-tech/

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