The earnings report will be Wednesday Sept 13th. Although I can't speak to earnings directly (fear of lawsuits) I can post the seeking Alpha post below. Its not the earnings report that has the top brass running about with their heads on fire, its... — read more
Join a real tech company.
This place is garbage. Lots of micro management on daily activities. Everyone is just trying to impress the person above them. No real strategy in place. Join a real tech company with real technology, not artificial buzz words that have no merit.
Unofficial official layoff report 9/9/2018
Well, we have a notable departure to report and for once lots of people are celebrating it: TK.! Too late to make a difference in Oracle’s future but nonetheless. That brings the total laid off since 6/1/2016 to 19,911. Run, run, as fast as you can... — read more
MH puts his hands on young female class of graduate!
Not only is he touching her in a rather embarrassing embrace, but he posted it on twitter. https://twitter.com/MarkVHurd/status/1034884000853229568?s=20 What does he say about this? What a difference five years makes. In 2013, she was part of... — read more
Should we be afraid of new kids on the block?
Aparently a startup company is claiming that it’s going to disrupt Oracle in the database market. It’s a large market, I know, but have we sunk that low? If I saw this article a few years ago I would be laughing, but now it looks to me like these... — read more
TK leaving means Oracle Cloud will fail
TK is the back bone of Oracle Cloud to the extent that it would have flopped before now had he not been involved. But with the changing Oracle might fall out of the top 5 cloud vendors which would be a disaster. Oracle should make TK the next CEO.
What Indefinite Leave is Code For
TK sold all his stock and took indefinite leave...that’s all anyone needs to know to figure the future of oracle. STOCK & Lawsuits: He knows it’s as high as it’s ever going to be again . He’s named in the lawsuits against oracle for... — read more
Oracle Fujitsu SPARC Servers
The future of HW at Oracle? This is on the Oracle web site. What would you do with IP you have no idea how to build/market/sell to customers?
Who’s next to go?
The 3 + 1 Stooges just became the 3 stooges - which one of them is next to go? Me thinks MH. Sales are flat for God’s sake and he’s in charge of sales. Yes the products s---, but he’s the sales guy and gets the blame. Me thinks around Q2 earnings... — read more
Down goes Oracle Cloud
The cloud never existed in my opinion. This place is out of control.
How Oracle plugged holes in "layoff" leaks
You may have noticed that the accurate reporting of layoffs has suffered recently... a lot of layoffs predicted never happened, and many that happened came without warning. I was privy to news from a GVP in the sales org that would let me know. When... — read more
RUN
RUN
Schadenfreude: Oracle is a burning dumpster fire and the world celebrates
LE was never popular but was respected, until he picked MH to run his company in 2010. MH systematically replaced workers with college grads and off shored resources in development, support, sales and engineering. There are so many convoluted legacy... — read more
Become a web company ..from scratch..!
TK should have been fired when Charles Philips was hired to build that c-appy Fusion-' middleware.. like 12 years ago.. LE was never on board with web revolution..so now--- even hiring the best Devlopment SVP...would take years to make any real web... — read more
Earnings? Oracle Stock? A good buy or a "good bye?"
If you ever have to ask yourself is this a good idea or a really stupid one, you should make sure you are wearing a safety harness, or a parachute (or perhaps a condom). Its important to have a back up plan. Funny thing is with TK leaving, Class... — read more
"to take time away from company for an unspecified period of time" very useful expression for your farewell email
once you get fired or resign. jot it down folk. ROTFL!!!
In my opinion Layoffs at HQ could happen
Run fast as possible
Pending Oracle Layoffs in OCI and Classic?
Are there going to be layoffs? in OCI or OCI-Classic (Santa Clara)? And other (S|P)aaS orgs? It looks highly likely that with TK gone, and the need to inflate profit, there is a possibility of layoffs in these orgs, especially because the moolah is... — read more
Trouble ahead for Oracle
Honestly, I'm surprised there are no more analysts saying this, considering how obvious it is. "Cloud stocks have been riding high the last few months, but one trader is betting that the run could be coming to an end for one name in particular:... — read more
TK Steps Down, HD to step in to TK's role temporaily
Heard from a SVP in NA that HD has been lobbying to take TK's role during the transition. HD has tried to convince LE that TK was out of touch with the field and he can invigorate development with a 'voice of the field' is how this SVP described it... — read more
Interesting read
https://www.cnbc.com/amp/2018/09/05/trader-bets-theres-a-storm-brewing-for-cloud-stock-oracle.html
TK is gone
Don’t know if he was fired, forced to resign, or found a better gig. Hearing from multiple sources that he’s out. Good riddance.
Oracle doesn't have a Cloud at all
For quite a while, Oracle's playbook has been about being a slow follower until a market is proven out and then making acquisitions of key companies to capture marketshare and to establish a presence. For example, buying PeopleSoft or Siebel made... — read more
Oldest workforce
Apparently we are second among tech companies with oldest workforce. I'm honestly not sure how this is possible, considering that most people laid off are those with most years with Oracle, meaning the oldest ones. However, according to this chart... — read more
OKCS layoffs today
At least 8 developers in the Oracle Knowledge Management let go today. Mostly in Chicago.
New here
Been catching up on posts and was curious if those "Unofficial official layoff reports" were credible? They seem like a great resource, so I really hope they are legit.
This is how Oracle Dies... Sooner than you think, by the numbers.
At the time of this writing Oracle has a market cap of 195.44B its price is 48.58 it has a Price to earnings ratio of 18.92, it has 67 Billion in assets. If you look at the financials it seems healthy. It has 67B in assets and 21.6B in cash on hand... — read more
Unofficial official layoff report 9-2-2018
No major layoffs past week, but always some singles and doubles here and there, so in aggregate we’re now up to 19,900 since 6-1/2016. Happy US Labor Day everybody! Proletariat of the world unite! No future at oracle, keep looking for jobs elsewhere!
Oracle cloud- big bet or big bs?
Oracle has been s---ing up (hiring) so many cloud devs, and paying thrn so well, that something really seems wrong. I heard they have like 3 DCs, are not growing, and in fact are falling further behind. There is no way to justify the amount of hiring... — read more
Confucius says hold on to your chopsticks, BIG LAYOFF is coming
The big one predicted for August 31 will now happen in late October. More information to follow. But this will be the last big layoff because it will affect all departments and levels and will result in a major transformation of the company.
Not one positive thing
Seems that there is not one positive thing going for Oracle. The RDBMS is being overrun my NoSQL, the customers want to get off as fast as possible. The autonomous portion is using Ai, which is nice but it wont solve the customer exodus or NoSQL... — read more
No layoffs today
Oracle management does not have time for layoffs, but to defend for themselves from class action lawsuits.
saving Oracle consulting recommendations by new SVP..
per new consulting SVP guy in his first All hands call: -- For ane new engagement--Teams must be at least 70% from India and Austin Hub.. --delivering autonomous consulting services.....@$#!%% start working on your resumes..!
Data analytics
Oracle analytics is dying business. Stay far away as possible. id--ts run the management team. Managers are care takers. Similar to that of a high school teacher. Take notes, kids. Join a real company with a real vision.
Hey look - the new Solaris OS is out today.Sorry but no Jim...it is not dead....
And you can even download it here https://www.oracle.com/technetwork/server-storage/solaris11/downloads/index.html
Class Action Lawsuit - Cloud Fraud - Next Steps
As you may know, Oracle was served a Lawsuit (a.k.a "Complaint") on August 10. This action was brought on behalf of the City of Sunrise Firefighters' Pension Fund by the law firm of Bernstein Litowitz Berger & Grossman LLP. You can find the case... — read more
Almost the one year anniversary of the Solaris/Sparc RIF
That RIF and the way in which it was executed (conference call) is the primary reason I left the company voluntarily and I do not regret it. Although I understand it was a business decision to stop investing in Solaris and Sparc, and that they had... — read more
Save yourself
Micro management that think they are God’s gift to earth. This place will be out of business in 10 years in my opinion. Straight garbage.