I guess how bad things are is finally dragging this company down to where they belong. The days of being a top rated employer are over.
https://www.forbes.com/best-large-employers/#69d6ee67fb3e
14 replies (most recent on top)
“that's not bad.”
Ha. Ha. Ha.
HR has entered the chat. It’s your fault you have 60,000 managers that are here sniffing glue. Thanks for ruining us.
Only IT companies FORBES ranked ahead of Oracle with 90,000 employees or more:
Microsoft
Google
SAP
IBM
- that's not bad.
Oracle is a law firm with a database division.
Exactly!
Oracle is a law firm with a database division.
Oracle for many years "cooked the books" by buying up all competition, like MySQL for instance. They did this across various business units. As long as the mergers were flying and real estate was being sold and HR components dropped, it looked like money was being made hand over fist with great margins. Then Mark H. touched it, as Larry stepped aside, kind of, too busy drinking on the sale boat. But. they won the race, so all was good right? Cloud was the new buzz word and everything that wasn't cloud was to be purged, so everything was rebranded. This was not "new" investing in better apps, nor buying new companies. The books started looking bad, margins were down, HW was losing 10% yr/yr and Safra.
I had an interview VMware today. Doing the same role I do at Oracle. She asked why I wanted to leave. I just said I want a chance at a new culture, new connections, a new opportunity. When I said those words, I was both sad and happy. The regret I have for staying but also taking advice from people who were just, um, frauds; 100% frauds. I hope they read these posts some day. I just don’t get how people who are liars and frauds can look in the mirror every day knowing they’re useless and just stealing. I may sound bad but I wish I picked a better company to spend so long at. I actually wish I worked somewhere that is local to my city. I don’t know why but I wish I worked with more people who were just better people and thus better workers; not in the sense of harder but just not a bunch of sc-m or rats like there are in mgmt.
Definitely spot on. They cut expenses (salary, bonus, promotion) in human capital across the board for years to keep bottom line looking good while top line marginally grew. They were short on details. They may have been trying to run legacy dB, apps and atg people out but mistakenly ran newer people out too. The culture got so tainted and clearly a lot of companies better than 289th to work for.
Fun fact: a lot of legacy business is Federal Financials. Ive heard some areas of Federal that most of Development has left and there’s maybe like one Support person left here and there. If the gubment figures that out they won’t be too happy. Those fat contracts worth billions and there are like 14 people steering the ship.
Man. Last post was spot on. Thank you. I so wish things could’ve changed but I know better.
Yup, Oracle is no longer building anything. They know it, we know it and the customers are learning very quickly. They’ve been trying to boost stock price with smoke and mirrors rather than investment. You can’t build the best if you keep losing people at every level. Who cares if their stock price is 85 today if it is 25 tomorrow. They could have turned it around and taken a few hard quarters of investment, treated people great, wanted to make them work for them (at all levels). Now all we have is a “last person out turn the lights off” scenario.
SC and her henchmen (and MH stewing in he-l) too short-sighted.
This is sad. Oracle was such a great place to work.
You’re welcome and I agree. Just sad but I know why.
#408 of 500 in Employers for Diversity. Does not care or see value in people.
Thanks for sharing. Oracle is closer to the bottom than the top, but still ranks too high on this list, in my opinion.
A quick scan of the list shows:
15 - MicroSoft
21 - Netflix
22 - Google
53 - VMWare
66 - SAP
80 - Salesforce.com
140 - Dell
173 - Amazon
178 - SpaceX
182 - Tesla
209 - IBM
219 - Workday
289 - Oracle
291 - Samsung
305 - PwC
321 - FedEx
332 - NetApp
337 - 3M
etc
Oracle is on a downward slide. That's been apparent from the inside for the past decade(+), and is now becoming very apparent to the entire world.