Thread regarding Oracle Corp. layoffs

Layoff planned for OD this quarter

would explain the OD folks on this board. my guess is it will happen this month, since end of quarter is thanksgiving, etc.

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| 3621 views | | 8 replies (last September 4, 2020) | Reply
Post ID: @OP+16KbvBQS

8 replies (most recent on top)

“ looking forward to the RIF”

I’m sure you will enjoy it ...

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Post ID: @2gni+16KbvBQS

If true then looking forward to the RIF, or better yet the elimination of OD altogether. Like someone said earlier, OD = losers ref: Glenngary

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Post ID: @2szq+16KbvBQS

This isn’t rocket science folks.

  1. Fact: Oracle is in cost cutting mode.
  2. Fact: 80 to 90% of Oracle revenue comes comes from a very small fraction of its top enterprise/named accounts, I.e., accounts where OD has little or no role. Those accounts are where Oracle’s actual value lies.
  3. Fact: OD is not a “value add”, it is more of a value subtract. This is well known across the company. NOBODY believes that the few new sc-aps scrounged by OD make any real difference
  4. Fact: The word is that SF, Frisco, Boston, all facing significant cuts. This is a simple cost/benefit calculation

Obviously, most OD SRs will prefer “playing ostrich” and will continue to go whistling past the graveyard. Just don’t act surprised and come crying back here when the axe falls.

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Post ID: @2bcc+16KbvBQS

Sounds like serendipity

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Post ID: @2uws+16KbvBQS

Hey OP, are you the same person who posted the BDC thread?

Also, are you basing a layoff prediction on 2-3 comments? LOL.

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Post ID: @1rkr+16KbvBQS

It’s all about “shareholder value”. LOL

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Post ID: @zjk+16KbvBQS

whether this is the case or not, because of the high levels of job satisfaction across the board at Oracle, OD reps are unaffected by this kind of thing, same as with all other mission critical employees within the org

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Post ID: @emc+16KbvBQS

Yep. Between yesterday’s actions and this the execs are obviously focused on increasing shareholder value.

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Post ID: @dvc+16KbvBQS

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