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 meeting. The revenue is not there and the cost-cutting is now beginning.
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Customer facing travel is not banned for field or SC. I'm hearing 10% cut across the board for sales. Some pillars hit harder than others, but in all honesty O is too saturated with sales reps.
”Except OCI. No bans in OCI.”
Yeah. I guess they hope you buy a one-way ticket and vanish
How about ODC?
Except OCI. No bans in OCI.
There are people who will be relieved they don't have to visit customers directly.
What @130sVubp-gxm said.
How much money is RS still costing the company with renting and redecorating these buildings? They can make budget cuts but be smart about it. Don't be cutting headcount, who do they think will support the customers of the products they want to sell? A building? Automation? Hilarious.
IMO, Oracle Support and Development are short-handed now, and I have no doubt that O is raising support and licensing renewal costs for the customer. Pay more for poorer service, is that what the company is going for? The customers pay all our salaries (even LE's), we need to treat them better than this.
You sure you got your facts right? Usually customer facing travel is NOT banned but travel that is NOT customer facing is.
Will Oracle employees bring an emergency lawsuit that the travel ban is unconstitutional?
Check with your manager but this just came down.
Consolidating offices too in order to reduce costs.
Where did you get the confirmation? Can you share?
Ditching rent and building costs in orgs that can and should have people working from home (hello, it’s 2020 for God’s sake! - we have the technology!) would free up a lot of cash. DO IT!
Did you mean only customer facing travel? That would make more sense.
This is commonsense if revenue is going down the tubes.