Topics regarding layoffs at Oracle Corp.

Topics regarding layoffs at Oracle Corp.

What will happen to the stock price this year?

The results for March 1st dropped the stock price from around $52 to around $45. That's a 13.46% drop. More bad news to be expected in the year as Oracle's news was that cloud growth will continue to slow. So, suppose the stock drops the same amount... — read more 

Will there be layoffs by June 1st?

There were some very long and detailed posts about massive layoffs before June 1st. It appears that a lot of money has been earmarked for severance packages. However, someone else was saying that this money does not necessarily have to be spent all... — read more 

The two categories of people reading this board

Former employees who were RIF’ed and now have a hair up their arse toward Oracle and have nothing better to do with their time than spread FAKE news on this board. Current employees who are worried about these FAKE upcoming RIF’s posted by employers... — read more 

Why Move to the Oracle Cloud

Oracle helps customers develop strategic roadmaps and advance their journey to the cloud from any point: new cloud deployments, legacy environments, and hybrid implementations. Oracle's complete, integrated approach makes it easy for companies to get... — read more 

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| 1200 views | | 9 replies (last April 2, 2018)
Post ID: @OP+SrWgqq9

MSFT speeds away

The reorg at MSFT is right on and will help them further pull away from oracle. Oracle completely incapable of redeploying resources and putting new people in charge. Stuck with the 3 stooges and TK, like the dinasours waiting for a meteor to wipe... — read more 

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| 920 views | | 4 replies (last March 31, 2018)
Post ID: @OP+Sr2DQvs

Cloud Washing

Oracle's "cloud" is crap and that's why no one is buying it -- except for existing on-prem customers who are being dragged into the cloud via cloud washing (i.e., cloud credits). Potential customers who have not dealt with Oracle before do their... — read more 

Going down, down

Clearly the spin and spam oracle is putting out is not working - stock down to $45.21. Time’s up 3 stooges! Ah, the margin calls LE, got to love it. Down, down .....

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| 1210 views | | 6 replies (last March 29, 2018)
Post ID: @OP+SpmcXTn

How are things at Oracle?

I was laid off two years ago, but I have to admit I still miss working at Oracle. I loved my job, had great coworkers, and even managers. I have a new job, but it's not the same. How is the situation there these days? Are layoffs still an omnipresent... — read more 

IS ORACLE A FUN PLACE TO WORK?

DO YOU HAVE GOOD TIME AT THE COMPANY, ARE THERE FREE SODA AND COFFEE, ARE THERE LEARNING OPPORTUNITY FOR THE STAFF WHO WORK THERE? WHAT ABOUT THE SALARY IS IT A GOOD ONE AND DO YOU GET BONUS IF YOU WORK HARD. I WANT TO KNOW.

Why do you have layoff when the company is hiring

I don’t understand how you have layoff and new hires at the same time. The company is hiring many new employees but you say there are layoff, maybe it is because the current employee make too much money and it is cheaper money to hire new young who... — read more 

Unofficial official layoff report 3/25/2018

No major layoffs reported this past week. Total number of employees laid off in FY18 YTD remains at 8,680 and since 6/1/2016 at 18,680. Plenty of powder left in the FY18 restructuring reserve, does not boad well for remainder of the year. Good luck... — read more 

Oracle Sales Cloud is dead

It's official now-Sibel is back with same multiplier as Sales Cloud. In simple English one can sell Sibel and still earn the same comission as Sales cloud till Oracle's fixes it's Sales cloud. Oracle leadership seems to have admitted that Sales cloud... — read more 

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| 2120 views | | 7 replies (last March 26, 2018)
Post ID: @OP+SmBZ0lu

If there is FUD on this board think: who gains by it?

Competitors. That's not to say there haven't been layoffs. The layoff knife sliced 50% Jan 2017, then again another 50% Sep 2017 in my area. Oracle is attempting to change, execution on that plan is key, and we all get to see how that will go. Yup... — read more 

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| 1100 views | | 7 replies (last March 27, 2018)
Post ID: @OP+Sl5PUXP

SHOULD I ACCEPT OFFER FROM ORACLE

I AM NEW GRAD AND START MY NEW CAREER AND HAVE WRITTEN OFFER TO JOIN ORACLE AND I WILL WORK HARD FOR THEM> SHOULD THIS BE A GOOD PLACE TO WORK?

LE’s margin calls

Enjoy the margin calls coming your way with the stock at $45.75 and sinking LE - that’s what happens when you hand on to too much stock and borrow against it. And now comes private securities litigation over cloud washing, not gonna help the share... — read more 

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| 1022 views | | 3 replies (last March 25, 2018)
Post ID: @OP+Sk7pUt3

The pride of the “Class Of” program

http://Www.lifeandstylemag.com/posts/Lincoln-from-the-bachelorette-156336 Read the article. It’s an Oracle “Class Of” employee. Just hilarious stuff.

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| 1170 views | | 4 replies (last March 23, 2018)
Post ID: @OP+SjsoM7K

HYPE: Oracle's Austin campus is the launch pad for the company's Next Generation Contact Center (NGCC), which is built on the Oracle Sales Cloud

https://www.prnewswire.com/news-releases/oracle-opens-state-of-the-art-cloud-campus-in-austin-texas-300618011.html REDWOOD SHORES, Calif., March 22, 2018 /PRNewswire/ -- Oracle unveiled its new Austin, Texas campus as a sales innovation customer... — read more 

..." 'Customers are sick of it'..

many years ago when I started w oracle-- I was told there are 3 choices; " Sell, deliver, develop".. we know what happened to sales team..delivery? as of now non-existent we all know about consulting mess.... that leaves us with development.. forget... — read more 

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| 957 views | | no replies yet
Post ID: @OP+SjQUUyU

Oracle is a great place to work

The commenters here are very angry they got the RIF but sometimes that happens when a company changes but overall Oracle is a good place to work, or for me it has been very good and I like my manager, there are bad teams but that is true at all... — read more 

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| 1050 views | | 8 replies (last March 23, 2018)
Post ID: @OP+SjoVLgZ

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