The Ax-Man here, coming to you with the latest info, news and insight with an objective and factual point of view.
This week are the big round of management meetings at HQ. Many of these are happening Tuesday and Wednesday, others throughout the week.
On the agendas are budget and headcount reviews, looking at internal revenue projections, and decisions being made on BUs and product lines that will be kept or shut down. Not likely that much would be sold or spun off. Special attention will be given to redundancies, particularly in general and admin employees, product marketing (Corporate and LOB), and sales.
This is a very monumental week, and many decisions will be either introduced or made about the company’s path going forward. Hard decisions.
Expect many more longtime execs and managers to depart in the coming weeks and months, as they are replaced by a new breed of leadership. Oracle leadership is trying to do the same thing that Microsoft did in the period after Steve Ballmer left and Satya Nadella took the reins.
The database group should remain fairly static, but the rest of the company will be affected. Groups to watch: sales, support, services, hardware.
This thread will be a place to report news as it comes forth out of this important week’s meetings. Good luck to all.