Thread regarding Oracle Corp. layoffs

What do you expect earnings report will look like?

We've been making some progress to the point where I think layoffs have actually slowed down a little. I'm not too optimistic, but there are some positive signs. The stock has also been on the rise, so that's another positive thing. I'm not being an Oracle cheerleader, I just like my job and good results mean I'm going to keep it for at least a bit longer.

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| 1292 views | | 4 replies (last March 10, 2022) | Reply
Post ID: @OP+1fF45F0s

4 replies (most recent on top)

Earnings are going to suk. HTH!

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Post ID: @1wtw+1fF45F0s

You need to get out of Oracle! Everything is better on the outside.

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Post ID: @1bge+1fF45F0s

You think that the prison is nice because the guards haven’t beaten you this week!

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Post ID: @1brc+1fF45F0s

The stock increase has almost nothing to do with revenue growth and everything to do with buybacks, so don't get comfortable based on the stock price.

Tech had hardware earnings flat and down across the board
Saas earnings growing modestly

The unfortunate thing about Oracle is that it doesn't matter whether you are in saas or tech, you are always at risk

Good luck

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Post ID: @bal+1fF45F0s

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