from what i see, managers who lose the most important asset of the company aka top employees get promotions. am I nuts or others noticed it too? if it's really happening it's about age, fresh blood, lower the costs or simply ignorance of the top... — read more
How Oracle's CEO to median salary of $90K compares with 40 other Silicon valley co.// the highest ratio!!
https://www.yahoo.com/finance/m/ac8232aa-0ccc-3bd7-a743-46c01aaba10e/how-oracle%26apos%3Bs-median.html =============================== Oracle Corp.'s two CEOs each received pay packages of more than $108 million — or 1,205 times what the typical... — read more
HD Joining Infor
Confirmed with multiple ex-Oracle people at Infor that HD will be joining Infor to revamp and head up it's consulting organization and partner enablement. He has proposed an OEA-type program that CF has bought off on. Expect to see something before... — read more
Help! Oracle has fallen and can't get up!
So this post is long overdue, but the final nail has been driven into the Oracle coffin. Oracle is nothing more than a collection of legacy technology acquisitions, the latest acquisitions aren't really integrated or extended, because there is... — read more
ORCL: Wall Street Impatience Compared with Cloud Competitors
http://www.businessinsider.fr/us/oracle-management-wall-street-analysts-2018-9 Oracle grew only 1% last quarter, and Wall Street is starting to question whether management is up to the job Driving management churn, TK?
ORCL back into alltime high territory
The Street validates the ORCL strategy based on current price. Next stop is $60/share!
Unofficial official layoff report 9/30/2018
looks like some 60 people got laid off from the Comms GBU, bringing the total since 6/1/2016 to 20,021. Expect more layoffs now that LE, MH, SC are not getting any stock awards due to failure to hit cloud targets and will be looking to generate more... — read more
TK &.LE @ Odds (Fired but called Leave...”2 Wks later” TK is out)
“We support the notion of increasing Oracle support for other clouds,” Brad Reback, an analyst at Stifel Nicolaus & Co., wrote in a note on Wednesday. “Given the lack of meaningful capex investments and limited traction to-date, we are not convinced... — read more
Oracle should re-adjust their On-Prem business focus
Oracle rushed to the cloud chasing Amazon rather than making a measured move and continuing to focus on what we were great at. There are plenty of large financial, government, education, and Fortune 500 companies that need and want on-prem, and are... — read more
How long for all the msft and amzn cloud hires?
How long until all the cloud devs, pms,and managers from amzn and msft get laid off? Oracle sure s---ed up a lot of people, and paid a lot for them- not clear what the heck they even need them for
TK - OFFICIALLY RESIGNS
https://www.yahoo.com/finance/m/b04dddf8-a90b-371f-a34f-2f6cd427e075/oracle-product-chief-thomas.html
Clever Or Criminal you decide
Oracle operates like an intelligent criminal does. A criminal like that could choose to use their mind to do real work and could succeed in that way. But, the criminal looks instead, for ways to cheat the system, to screw people over for fun, to do... — read more
as usual..oracle style Kick-out > Top Oracle cloud exec Thomas Kurian leaving company ..
Finally fessed up!!! =============== https://www.marketwatch.com/story/top-oracle-cloud-exec-thomas-kurian-leaving-company-2018-09-28?siteid=yhoof2&yptr=yahoo ==================
What happened to Oracle’s Data Centre strategy?
Ask anyone at Oracle what happened to their recently announced global data centre strategy and you are met with a lengthy silence. Something has happened and the plans seems to have stopped dead in their tracks with little clarity or direction. With... — read more
Who's left in Burlington?
Any of JF's old team still there?
FedEx Layoff Alert System - foiled.
Oracle has indeed noticed the use of FedEx delivery notices to tell when a layoff was going down the day before it actually happened. As a refresher for those new to the game... when Oracle creates a label for a FedEx shipment and you are the... — read more
FANGO ?!?!
Yep, Oracle wants to be part of the FANG stocks and coat-tail the "O" for FANGO. This is not a joke, they are actually serious about this. More to come in Open World. I think they should've used all those energy coming up with "FANGO" in trying to... — read more
RIF in Communications BU
~60 people across multiple product lines were let go today in NC, MA and even India. Clearly, this people paid with their jobs for the mistake that is Oracle cloud
LE 's protege is getting it ..why doesn't him??
https://finance.yahoo.com/news/amazon-extends-tie-salesforce-gains-135801244.html ====='..Amazon Extends Tie up With Salesforce,..'======= Salesforce has signed agreements with the top 2 Cloud providers ( Amazon,Azure).. as most know, Marc Benioff... — read more
Well played Oracle....
https://blog.joda.org/2018/09/do-not-fall-into-oracles-java-11-trap.html?m=1
3 stooges..take a note--how to get rid of employees> WSJ: Verizon launches buyouts to trim workforce-"three weeks pay for each year""
https://seekingalpha.com/news/3392742-wsj-verizon-launches-buyouts-trim-workforce ====================================== --Verizon (VZ -0.3%) has launched an early-retirement program as a move to cut back on its workforce, The Wall Street Journal... — read more
Negative Outlook on Oracle
Announced today, S&P lowers Oracle's outlook to NEGATIVE from Stable because of aggressive BUYBACKS, minimal top line growth and a net cash position that was $14 Billion 12 months ago, but now down to only $2 Billion. LE, MH, SC, CW, DD, TK and The... — read more
If LE/MH/SC cared, they would be reading these posts...
In the 12+ months I've been reading posts (since my own lay-off from this ignominious company), there have been some very deep and insightful comments and analyses regarding the technologies and the business. But as we know, in the Oracle workplace... — read more
NA CSM - I quit after the all hands
Heard the all hands by CB and then the Ad S our VP in his, I am so happy I am leaving Oracle, this division is very clearly about to shut down. They even got a finance guy to talk about comp, the guy sounded more like a sales guy than a finance guy... — read more
Unofficial official layoff report 9/23/2018
Ma major layoffs reported this past week, always some singles and doubles though. Total since 6/1/2016 creeps up to 19,961 - keeping the one for the sale of symbolism. Keep looking!
I was laid off last Jan 8th
I was laid off last Jan 8th along with hundreds of others that were > 40yrs old ! yes, the severance packet we received that we had to sign saying we wouldn't sue Oracle listed the ages of ALL employess laid off ! The true irony in all this was that... — read more
The Motley Fool buy IBM over Oracle
Ouch! Oracle is so far behind on cloud that investors are better off betting on IBM’s resurgence than Oracle cloud growth. Talk about calling BS on oracle cloud and the 3 stooges. Well done!
Oracle is the new Enron?
Stock being propped up by buybacks? What percentage of shares need to be held outside the company for the stock to be considered a Publicly Traded Company? Where are we currently at?
Edited Transcript of ORCL earnings conference call
POST GAME: Edited Transcript of ORCL earnings conference call https://finance.yahoo.com/news/edited-transcript-orcl-earnings-conference-033416284.html
MH interview on CNBC.COM Yesterday - Oh Boy....
Yesterday, MH was interviewed on CNBC, titled "Oracle CEO: Focused on both top and bottom lines." Among other BS misleading comments, MH was asked what is "the pace of movement to the cloud" referring to Oracle's ERP cloud product. Shocker, the T–d... — read more
ORCL is a superb growth stock
This Quarter was strong and aggressive which is now being reflected in the upward trend of the stock north of $50. I have invested heavily in ORCL so hope you will too so as to benefit from the superb work by everybody at ORCL. Don't let the... — read more
Oracle Customer Care
This is the place to be...so many internal problems at Oracle that this org is essentially the surviving c---roaches after a nuclear war
Oracle Share on FIRE
Looks like they are doing the entire stock buyback today itself. Crossed all wall street predictions after Q1 results
Is PTO included in severance?
I'm sorry if this was asked before, but I can't find it. If you are laid off with unused PTO is it paid out as part of the severance or do you lose it all?
Where is layoff
From last 1 year employee headcount have been aroubd 137K. Last week (today) it reached its peak around 138.6K 10 years back it was around 70K. Even though many acquisition. But after netsuite acquisition also number have increased. After TK leaving... — read more
Attrition on your team
Just wondering how bad attrition is (or if it is bad at all) with your teams? My has been decimated. And we are getting no replacements. Are others experiencing the same thing?
ERP Fusion Cloud - howm many are LIVE?
Oracle claims to have nearly 5500 ERP Fusion Cloud customers. How many are fully implemented and Live versus financially engineered DOA ones? It is absurd that the analysts don’t ask how many customers are utilizing the product during earnings calls.