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
what about useless OCS management? they are the one to get wiped out..top to bottom
many active customer law-suits, no bonuses, high paying scum managers, ..hey MH/LE..you know about that?????
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!
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. 🤞
Managers underpaid than new hires
I know many managers who got hired on h1b visas are more underpaid than the new hires under them. Isn't that wrong?
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
If You Have the Courage - Everyone at Oracle Don't Go To Work Tomorrow and All Next Week
How would these very Evil People feel if next week no one reported for work? Would we all stand together and "strike"? I doubt it but it sure would be interesting. Even EYE BEE EM - laying the hammer down on remote workers - how terrible as well... — 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.
Please Explain - Lots of Job Postings While Laying Off?
So please explain why long term and very capable employees were not given the opportunity to be re-purposed into other job openings? After years and years of A+ performance reviews - a layoff for me this past month? Isn't that retarded? I mean even... — read more
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
SC sells more stock off on May 21. Total value of shares sold this year: $134,000,000 +/-
https://www.chaffeybreeze.com/2017/05/21/oracle-co-orcl-ceo-safra-catz-sells-103520-shares-updated-updated.html
All is well and please sleep well
Oracle will do a miracle soon.
Layoffs week ending 19 of May?
Any layoffs to report this past week?
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
Used Oracle Apex for Web Development and Now Laid Off. Is there a job market for this skill?
Hi, I don't want to complain, I am just glad for the good things I got over the years. The thing is we are a PL/SQL shop and the tech lead chose the PL/SQL web frameworks (PL/SQL pages, Apex and Oracle Servlets) instead of (Java Server Pages and Java... — 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
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