ORCL passed its 50 and 200 days moving average, which means technically it gives a BUY signal.

Do yourself a favor. Go to your family or a mirror and decide on one of the other for this year. 1) either I am leaving Oracle 2) I am staying for better or worse. That is it. either way, you are not making a wrong decision. the worst if... — read more 

I was let go today. I'll spare you details, it follow the cookie cutter formula described on this site over and over again. There was more than a dozen people axed today, not in mgmt and I do not have an exact number.

It seems that OCI is gonna get hit, CX sales were hit today. Does anyone know of SC’s views on the business development (BD/BDC) and Oracle Digital (OD) orgs and if they’re safe or not?

Not sure how many... But was told I have until end of month to find new job internally or will be terminated.

Business is disastrous, morale below minimums. A move to a much smaller office in Madrid will be leveraged to execute a big RIF. Stay tuned.

Not much info available right now... Which could be considered both good and bad news...

Turns out the rumors are true. Oracle is implementing a cost-cutting travel ban. No customer facing travel. No overnight travel. For customer facing activity, they want to send the least amount of people possible so no more 8 people showing up for a... — read more 

No major layoffs this past week. Total since 6/1/2016 remains 25,276. More cost cuts, ie layoffs, coming down the pike - keep looking aggressively to get out. not a good trajectory.

This post has 16 up-votes, can't be that wrong.... I have deep insight into what is happening with OCI from a business standpoint. And I can tell you that it is not only the largest s— of dollars in the company, but OCI is running at an EXTREME... — read more 

There was a post "Yes, breaking records all right. Record for the most unsolved Sev1 SRs, record for the most SRs that go past SLAs, record for the most escalation, record for the most downtime, etc etc. I could go on and on..." Please, go on. Due... — read more 

Has oracle, finally, reached the point of the death spiral where cost cuts lead to declining revenues, lead to more cost cuts, which lead to further revenue declines .... as Infinitum until it implodes on itself? The signs aren’t good ...

Not a single sign of Dumperman or his alter ego trolls in more than a week. Information of verifiable quality is starting to be posted here again. Posts are not having to be pruned by the moderators. Oracle HR is no longer posting here... — read more 

Said no one ever.

My extended team has meeting this afternoon. It was called on the fly. No details why.

Sales so far this quarter have been dramatically down. This is another impetus for the dramatic cutting of budgets and hiring freeze. The current run rate of sales and pipeline is way behind projections as the company goes into the second half of... — read more 

Many departments and orgs across Oracle were mandated just before the Christmas break to “give back” significant portions of their 2H 2020 budgets. Translation: cut drastically and cut rapidly. Some departments’ expenses are being cut up to 50%... — read more 

Is there anyone out there who has followed the VPs that went off to Google with TK?

Heartbreaking. https://www.glassdoor.com/Reviews/Employee-Review-Oracle-RVW31079984.htm

Happy New Year everybody! No major layoff this past week. Total since 6/1/2016 remains at 25,276. Keep looking!

For those of us who have found a way out of Oracle. What would it take for you to work with the same manager you left? Lots of cash? Better people to work with? Act of God?

Im a new member (1yr) in one of the support org. By this time realized that we wont get any salary hike or bonus yearly, overtime (some do, based on mgr pref), lot of politics, mgr doesn't care if u r not his fav. Just felt like not care, no value... — read more 

I was let go from Oracle but have found that my skills transferral to other businesses does not work so I'm trying to figure out how to get back in. Has anybody left and came back? How did you get back in?

After being laid off by Oracle it was tough to find a new job in the same role. True, for personal reasons I stayed with Oracle for 10 years after being acquired, I had kept my resume up to date, but it wasn't until I interviewed for jobs with... — read more 

No major layoffs this past week. Total since 6/1/2016 remains at 25,276. Happy New Year everybody and much success finding new jobs!

Keep spreading the rumors! Helps me out ;) Half my team is gone now working jobs they hate because they listened to these kinds of rumors. While I still have a job for the foreseeable future at Oracle due to our teams profits and small headcount... — read more 

At the software giant, buybacks have spurred a lot of borrowing and spending. Executive chairman and co-founder Larry Ellison’s company has spent roughly $75 billion to buy back stock since its 2016 fiscal year, and $41 billion over the last five... — read more 

I know a guy who was hired by OCI then got RIFed in March 2019, then hired by UBER than got RIFed in Sept 2019, not he is working for G. What's your plan B?

Is there a department or a specific position (outside of the C-suite) where people can spend their days simply working instead of having to split their energy between that and worrying about their jobs? And if there is, are they hiring? I'd be... — read more 

Rumor has it Oracle is selling off divisions mid April. Telco stack including BRM. Fire sale as Oracle is primarily shedding dead weight and cutting expenses to the bone. Old tech stack getting pruned. Siebel, people soft etc ... out. ... — read more 

Heh. You are FAR too optimistic, my friend. S.C. is three steps ahead of you already. The spreadsheet analysis has been done. The first round of layoffs for calendar year 2020 begins on Tuesday, January 7th. S.C. has already circulated memos... — read more 

No major layoffs this past week. Total since 6/1/2016 remains 25,276. Happy Holidays everybody!

Google Brass Set 2023 as Deadline to Beat Amazon, Microsoft in Cloud - https://www.theinformation.com/articles/google-brass-set-2023-as-deadline-to-beat-amazon-microsoft-in-cloud

Its time. Its time for a 1.2 trillion company, Microsoft, to buy Oracle. Every single customer wants this. It would also make sense. This is the power move. Do it now, Oracle, while the company is worth 180 billion on paper. Microsoft would then... — read more 

Employee feedback items, source below. There are 31 entries, which one do you like the best? Like this thread if you want me to post this summary once a month. Senior Account Executive in Austin, TX This is a large organization and like... — read more 

SC as the sole CEO and now in charge of sales that she knows nothing about has decided that sales is too blood expensive. Way too many people. Way too much trouble. Spreadsheet say get them f— off the payroll, they’re getting in the way of... — read more 

No major major layoffs this past week. Total since 6-1/2016 remains at 25,276. Nobody is going to miss MH, but with SC as sole CEO it’s management by spreadsheets. Expect more layoffs to meet EPS and maintain share price. Keep looking people... — read more 

Not a wet eye in the house

Ok, having two CEOs was stupid and expensive, but now we hear that O will have a single CEO - SC, which is id–tic. Welcome to management by spreadsheets by somebody who has no experience with either technology or sales. The O strategy is to milk... — read more