Topics regarding layoffs at Oracle Corp.

Topics regarding layoffs at Oracle Corp.

12 Billion buyback and not even a raise

Spending all the money for their shareholders and the top level folks, but those that actually have to deal with angry customers' frustrations(us support engineers) on bad cloud products get zilch.

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| 1680 views | | 9 replies (last September 19, 2018)
Post ID: @OP+VdotfTC

IBM sued for age discrimination, oracle next?

Industry Week: IBM is being sued for age discrimination after firing thousands. Systematically laying off older workers to build a younger workforce. Sounds like oracle to me! Bey your oracle is next on line to get sued. Another reason to sell !

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| 1490 views | | 11 replies (last September 20, 2018)
Post ID: @OP+VcWyxiP

More of the same....

https://www.wsj.com/articles/oracle-revenues-up-1-sending-shares-lower-after-hours-1537217573 On a conference call with analysts Monday, Oracle executive chairman Larry Ellison touted what he said was the company’s top position in ERP, or enterprise... — read more 

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| 1030 views | | 4 replies (last September 19, 2018)
Post ID: @OP+VcrrT3c

Big miss

Google news oracle Revenue numbers were a big miss. Wall street looking at this very badly. Low growth

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| 1710 views | | 14 replies (last September 19, 2018)
Post ID: @OP+VcinFHF

Another great quarter for ORCL

In terms of its segments, the company reported: Cloud Services and License Support revenues increased 3% year over year to $6.61 billion. Cloud License and On-Premise License revenues decreased 3% to $867 million. Hardware revenues decreased 4% to... — read more 

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| 2460 views | | 15 replies (last September 19, 2018)
Post ID: @OP+Vcl1mU0

NetSuite

How is NetSuite doing in general. Just curious...

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| 1300 views | | 3 replies (last September 17, 2018)
Post ID: @OP+Vc5FJLY

On LE

LE was a pre-boomer software lord. Held on to a mindboggling % of his company over 41 years. Most subsequent founders got WAY diluted. Maybe not a swell guy but a force. And a real taste for art, not just spike heels. Legacy just slip sliding away... — read more 

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| 1240 views | | 5 replies (last October 13, 2018)
Post ID: @OP+VcHuMHC

Anybody notices anything familiar here?

A Japanese company and a North American company decided to have a canoe race on the St. Lawrence River. Both teams practiced long and hard to reach their peak performance before the race. On the big day, the Japanese won by a mile. The North... — read more 

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| 1480 views | | 8 replies (last September 19, 2018)
Post ID: @OP+Vca5JmC

Unofficial official layoff report 9/16/2018

No major layoffs reported this past week. Total since 6/1/2016 remains at 19,911. Ever reason to expect the Upcoming earnings call to be a depressing event. Keep looking for jobs elsewhere!

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| 980 views | | 3 replies (last September 17, 2018)
Post ID: @OP+VcPlvzT

Burn baby

https://www.fairfieldcurrent.com/2018/09/16/sequoia-financial-advisors-llc-sells-95424-shares-of-oracle-co-orcl.html/amp

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| 1030 views | | 1 reply (September 17, 2018)
Post ID: @OP+VbSngpk

Better off at amazon

Oracle has a bunch of wanna-be know it alls working there. No real depth of product knowledge. If you are in sales, don’t expect to make your OTE. Expect to make your 50-65k salary and live off that. I feel really bad for anyone who works there. It’s... — read more 

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| 1084 views | | 1 reply (September 17, 2018)
Post ID: @OP+VbBYMJn

"Managed expenses"

In advance of Oracle's earnings report, there is an analysis in Forbes about what to expect -- https://www.forbes.com/sites/greatspeculations/2018/09/14/what-to-expect-from-oracles-first-quarter-earnings/amp/. Highlighting one key statement... "On... — read more 

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| 2290 views | | 10 replies (last September 21, 2018)
Post ID: @OP+Vb2IHq5

Customer Success Casualty?

A little birdie told me that one of her new VPs, CP, is out (already). Interesting times ahead...

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| 1530 views | | 4 replies (last September 17, 2018)
Post ID: @OP+VbLmhBr

Oracle owns cloud computing

Oracle has been doing cloud in some form or another for more than 20 years. Others try to sing to the cloud tune but Oracle defined what cloud means and continue to drive the definition. This message perhaps isn't captured by those who don't... — read more 

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| 1710 views | | 12 replies (last September 16, 2018)
Post ID: @OP+VbkOx3q

Buy ORCL stock shares in much quantities now please to encounter much more munificent profitings. Not story TK leavings - much cloud.

TK leaves to spending great times in family with much and has friends with LJE in close deeply personal intimate relationship. Local now next earnings reports much celebrate. Forward-looking sees Oracle replace human people with bots from remote... — read more 

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| 1161 views | | 5 replies (last September 15, 2018)
Post ID: @OP+VaSjUlV

Why the Oracle Cloud Doesn't really exist...

Quote from LE: The interesting thing about cloud computing is that we've redefined cloud computing to include everything that we already do. I can't think of anything that isn't cloud computing with all of these announcements. The computer industry... — read more 

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| 1250 views | | 5 replies (last September 16, 2018)
Post ID: @OP+VaQTzX7

Thought others here would appreciate this

Considering our never-ending layoffs. Of course, the greatest victims of layoffs are none other than the folks whose jobs are eliminated. But being a layoff survivor, so to speak, isn’t exactly easy. After all, how are you supposed to go about your... — read more 

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| 2200 views | | 8 replies (last September 15, 2018)
Post ID: @OP+V95M0L3

Even a pin size hole...

... in the evap system will trigger a code. Nuff said

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| 573 views | | no replies yet
Post ID: @OP+V8Bxrcs

Perfectly said

All O does is acquire other companies. There is no vision. It's just a machine, and how we're managed as employees reflects that. Plenty of jobs in O if you look at postings, but there are little to no opportunities to grow into those positions -... — read more 

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| 1920 views | | 3 replies (last September 13, 2018)
Post ID: @OP+V7rG0uH

Things must be dicey at the top right now

Can you imagine how bad things are in the executive suite right now? Cloud growth numbers are abysmal no matter how you cook the books. Everyone but Oracle has serious growth and good potential. Looks like Oracle should have invested in data centers... — read more 

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| 1990 views | | 3 replies (last September 15, 2018)
Post ID: @OP+V7M7k1A

Cloud Strategy

https://www.bloomberg.com/news/articles/2018-09-12/oracle-s-kurian-is-said-to-take-leave-amid-discord-with-ellison

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| 1740 views | | 7 replies (last September 15, 2018)
Post ID: @OP+V7Rk4eX

It's always about cloud

In case you were wondering... Oracle Corp. executive Thomas Kurian’s leave of absence, disclosed last week, stemmed from differences with founder Larry Ellison over the software maker’s cloud business, according to people familiar with the matter... — read more 

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| 2270 views | | 9 replies (last September 15, 2018)
Post ID: @OP+V7a6iJM

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