Thread regarding Oracle Corp. layoffs

So when is the game over and when do the oracle cloud layoffs happen?

This will happen when the stock finally tanks, when they can no longer prop it up. The board will have to act then. LE will eventually be fired and someone with a brain will the hired, they will do the big layoff.

I say, at least another year, maybe two.

Lots of good comments...

So when is the game over and when do the oracle cloud layoffs happen?

A few years? A year? Whenever the ecomony turns

No big bet or b---s---... fraud.

BS is my vote. They hire the wrong people, lay-off the wrong people. Totally incompetent dev management.

For quite a while, Oracle's playbook has been about being a slow follower until a market is proven out and then making acquisitions of key companies to capture marketshare and to establish a presence. For example, buying PeopleSoft or Siebel made Oracle immediately relevant in HR and CRM while lining up customers to potentially buy more of their software from Oracle.

That strategy doesn't work in Cloud because Oracle can't buy its way into the market -- all the players have significantly higher valuations than Oracle. It shows in its current strategy of trying to slow Cloud adoption (raising DB license costs for running on AWS/Azure and pushing hard for on-premise deployments of its own hardware), in limiting choice (refusing to allow licensing of the database for Google, IBM, etc. and pushing all Apps customers to Oracle Cloud) and in strongarming customers (financially engineering deals). The reliance on a slow follower approach has limited Oracle's opportunity to, at best, being able to host its database and Apps customers.

As a result, Oracle's ability to grow and to obtain more profit/cash flow is severely limited. Given that its stock price is closely tied to this, Oracle is in a world of hurt and every possible lever is being pulled to find ways to be "good enough" to capture database and Apps workloads while simultaneously doing everything to prop profit margins and the stock price up. Paying well for any "key" talent in Cloud design or ML/AI. Buying back stock. Cutting teams/divisions that aren't very profitable. Trimming back benefits. Keeping investments in Cloud data centers and networking to the minimum possible. Setting up hubs filled with lower income college grads to slowly replace high earning, experienced field personnel.

Oracle isn't making a big bet on Cloud as it isn't anywhere close to doing what the market leaders are doing. It is playing defense and trying to make bets that it can find ways to just survive. The noise that Oracle is going to beat AWS is all BS. The proclamations that Oracle's tech is great is too. It is all just marketing with the hope they can convince enough customers to move to Oracle "Cloud" and/or to not abandon their existing licenses and support payments.

Oracle doesn't have a Cloud at all. It has leased data centers with disparate products that require manual effort to connect to each other and that rely on the internet instead of dedicated fiber to communicate. It is really Oracle Hosting. That's not a big bet at all. The bet is that Wall Street and customers won't figure it out.

MH with his no mercenaries / fresh meat are good enough / hub strategy, TK with his paranoid schizophrenic management style, SC with her show me the signed contracts then I will give you the money to build the products, LE with his senile dementia. Really seems the perfect storm.

It is quite shocking that we survived till today after 10 years of this crazy management. It means the field people was really good. What a pity, we could have been the best and most innovative company in the world, if not for these 4 elders.

The problem is TK. He’s a horrible leader and requirements change by the day. There is no way they can develop a decent product under his direction.

I think he meant # 5 “by far” as an insult

clearly #5???? exactly in which universe?

from most (if not all) of the recent market analysis Oracle Cloud is not even in the fist 5 position:

https://www.channele2e.com/channel-partners/csps/cloud-market-share-2018-aws-microsoft-google/

https://www.datamation.com/cloud-computing/cloud-market-share-cloud-leaders-and-followers.html

even the chinese Alibaba is selling better than us.

nope, Oracle is by no means "clearly #5", actually our market share is clearly shrinking and in the big real picture OCI is just noise.

Yes, Oracle cloud is 5 years behind the nearest competition. Oracle will try catch-up game for about 2 years or so. By that time LE may not have any $ left with him.

Layoffs again depends on who is there at leadership level at that time. But yes that big layoff where thousands would be letgo will happen post 2021-22 time. Till then we will see 100s go every month in different countries.

ORCL is clearly #5 in cloud standings but it's not a close race, and the top two continue to put big distance on the pack. Ever even catching #3 Google is impossible, maybe they could set their sights on IBM but that's not going to be enough to stay in the broad cloud market they are trying to play in. In the end in will be written that they were too content in raking in RDBMS licensing fees while taking their eye off the disruptive cloud movement until it was far too late. Executives didn't have the incentive to take risks or invest in that fool cloud thang; they've already made their fortunes.

Oracle has no cloud offering worth their salt, and Dev is utterly F:ed up thanks to LE and TK neither of whom has any clue whatsoever what they’re doing - hard to tell which one of the is worse at managing. Oracle is dead company on life support aka cloud fraud and massive share buy backs to prop up the share price!