Topics regarding layoffs at Oracle Corp.

Topics regarding layoffs at Oracle Corp.

Hardware SEs - 1:1 Meetings on June 1st

Hardware SEs update - Our whole team has one-on-one meetings with our manager on June 1st. Odd thing is - we make our numbers and get nothing from PaaS or SaaS .

SaaS Sales Reps Layoffs

Received a call from a colleague who got the axe just this morning. Sales rep. Its the housecleaning of anyone who didn't perform as prescribed in Q4 who was on their watch list. It was SaaS rep.

US field office closures?

Just out of interest , has then been any word on office closures within the smaller based offices in the US that have been acquired through various acquisitions over the years? (such as Hyperion, BEA, Siebel, Primavera). Locations such as: Stamford... — read more 

Managers with info- let's go, leak it

Come on guys. This is a 136,000 employee company. If there's something in place for june 1 or june 2, then it has already been drawn up and is waiting to be executed. As such, come on. Have some backbone. Leak it here, it is anonymous. If you don't... — read more 

June 1st - any updates?

Today's May 30, was wondering if anyone has seen any 1-1 meetings set up for June? Or like someone was saying, all fake news?

Options for Sun

Option awards are out and we are valued less this year than last year. Soon will see how EVPs and above get compensated. Handsomely I presume.

At least we'll have time to watch the America's Cup!

If I get RIFed this week at least I'll have time to watch the America's Cup in Bermuda. Larry's spent hundreds of millions on sailing and it's great to see that investment pay off. Go Team Oracle!

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| 1090 views | | 3 replies (last May 31, 2017)
Post ID: @OP+NxTbiFC

Oracle will be a $70 stock shortly

Oracle makes money and profit.... There are massive profits to be made from the cloud it doesn't matter if they s--- or not. They will continue to acquire and I suspect a very big acquisition in the cards. They have the data, the hardware, the apps... — read more 

5/29 Unifficial official layoff report

Total stay at 3,800 for the second week, despite a few layoffs including VPs in India. This is not a sign of layoffs being over, just prep for the big one starting this week. Best of luck everybody, be ready to clear out!

Support consolidation to be completed in FY18

Sarwal is hellbent on making his legacy. After eviscerating software support, he's out to destroy systems support now. Without a consideration for anything or anyone, he's proceeding with his plan to consolidate all support centers to four locations... — read more 

There will not be a massive layoff on Tuesday

Don't listen to the fake news on this website, the major RIF is done. Notice that the previous post about a big RIF on Tuesday gave absolutely no specifics. It is just BS from a disgruntled former employee or the competition.

Enjoying long holiday? A surprise awaits you!

Enjoy your 3 days while it lasts. I was skeptical till last week about layoffs. Now got confirmation form a good source that reorganization is in place, but not announced. 🤞

Stripped of stock options?

I've seen a few references here suggesting that stock options were lost as a result of separation? I assumed that vested options are "mine" and that I'd have n days to exercise them after getting the ol heave-ho. Is that wrong? Should we all be... — read more 

Enjoy The Long Weekend

My hunch, it starts in Burlington on Tuesday. After a nice and relaxing weekend, we are ready to roll.

More of Same

Just a LonelyEgo who hired MoreHorseshit while Sh--tingCompany hurts themselves by hurting others and they are all TotallyKrazy. Me? I need to be able to sleep at night - not sure how these cartoonics are able to do so...do you?

ODC, CX, and OMC will boom in FY18

It is no secret that everything and everyone is moving into the cloud, surprise right? Three business lines will hit FY18 hard are CX, OMC, and ODC. Try to move to any of them if you can. They did their share of layoffs last year and now they are on... — read more 

'Class of' program is a fad for contemporary CEOs

https://www.linkedin.com/pulse/data-scientists-take-whos-snagging-most-talent-from-top-caitlin-crump Note: oracle is not in the top 10 of class of programs. The recruiter community has declared that they cannot find good candidates for oracle class... — read more 

SFDC seal sails for $20 BN

While oracle is struggling to get on track for $10 Bn cloud revenues, SFDC has publicly declared that it's past the $10 Bn goal and is setting sights on $20 Bn in annular cloud revenues. You're loser LE!

One more India VP axed

One more India VP responsible for sales... Based in South India axed. This time VP was someone who used to sell what Oracle is known for.

Staff Recuctions comnig due to Cloud

Heard that the cloud business is falling way short of their goals this quarter so there will be layoffs by the end of the quarter. Dont know extent of full impact but it will happen, just the scope and scale are being discussed in late night... — read more 

That Internet thing ?

Hey LE, ever heard of that thing called the Internet? Oh, nothing to worry about! Something your cat just make up for fun. Got it! Not something that's going to help people access software remotely. No? Ok that's good to know.

The calm before the storm

It's been awfully quiet the last few weeks. Is this the calm before the storm? Is June 1 judgement day?Will the next 30 to 60 days be a rollercoaster ride? Is the storm forecast to hit next week? Are those layoff rumors just fake news as MH says? Or... — read more 

Has the big layoff started?

Rumor has it that some folks have started receiving invites to mandatory calls with their bosses on 1 June. If you know something say something here

5-21 unofficial official CYTD layoff total

The total for the current calendar year stay at 3,800. No reported layoffs this past week, which if anything should be a sign of concern - tells me oracle is now focused on the 6-1 layoff and can't be bothered to make smaller layoffs right now. Get... — read more 

Some silver lining being laid off

Just wanted to say it's sad to be laid off by any company. But you have to appreciate the good things. 1) Nice sev (if any) that helps w the bills. 2) don't have to work at a company everyone here obviously don't like anyway 3) no need to see any... — read more 

When does oracle crash and burn?

We seem to agree that oracle code is junk (doesn't work in the SaaS world) and that it's generating cloud revenues by converting existing support revenues (from on-prem licenses) into cloud revenues and backlog (e.g. ATT deal), but that cannot last... — read more 

SFDC looking to lose oracle DB

Aptly named project Sayonara - didn't LE once gave boat with that name? - but I digress - SFDC is working to replace oracle DB. Bye bye LE

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Post ID: @OP+NnKIxp5

Why Oracle Software S---s

A lot of people here complain about how much Oracle’s software (including cloud) s---s. I’d like to offer a developer’s perspective. I worked for Oracle for 8 years (by acquisition). I left last year. Here is my rant about Oracle software... — read more 

Oracle killing Sun cloud in 2010

http://www.theregister.co.uk/2010/01/28/sun_amazon_cloud_dead/ This article is a real gem in hindsight. Rather than focus on the cloud effort that Sun was building out, Oracle killed it off in favor of an unsalvageable hardware business. I wonder if... — read more 

Oracle needs to watch and learn

If you see how these successful companies treat their employees, you stop wondering why they are so successful, why their stocks are skyrocketing while Oracle has not been going anywhere. Hint, their Sr. management is not greedy, they do not s--- all... — read more 

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