Thread regarding Oracle Corp. layoffs

What have we become.....?

A dog generated lump on the ground that mooshes when you step on it and clings to your shoe.

Are we trying to buy our way out of this mess?

Then again, probably not.

Are we trying to buy our way out of this mess?

Could be.

Oracle will keep some Cerner people and will let others go. Roles where there are duplicates at Oracle (e.g. HR, finance, marketing, administration) will likely be let go as this is how they usually handle acquisitions. Some engineers will be retained and may be given incentives to stay. Most of the Cerner sales organization will likely be retained for a year or so as an overlay to Oracle's existing sales force. The ones who are not making numbers after a year will be let go, and many will leave due to attrition.

Oracle has been moving away from the database, hardware, and on premise software now for years. They're becoming a SaaS company. They need to spend $26 billion on cloud infrastructure if they ever want to compete against AWS, Azure, and Google, but they're not. If you're a customer, do not invest any further in Oracle Cloud or anything from Oracle that is not SaaS.

Cerner is here for one thing and one thing only - Customer list. Once O makes a sales pitch to the Cerner customers to buy Oracle cloud, we will then put Cerner on the trashpile, like all the others we dumped.

Perfect, just enough hidden money flow to cook the books one more quarter.

In the upside down US economy, where healthcare is not considered a right but a privilege, anything medical related is a goldmine. Or could be. I guess some exec at some overpriced offsite retreat decided they wanted a piece of that action.

Now, if O was a truly successful visionary decent etc., org, maybe that would work.

More likely that O will strip it down, extract any/all value leaving an empty shell. The employees? We all know O don’t give a rip. But maybe a RIF!

Oracle is a dump. All acquisitions are converted to trash and added to the dump.

I feel terrible for those Cerner employees who are coming over. They have no idea what a POS this place really is.

I can tell you one thing for certain is that they better sell a lot of their products in order to net/recoup at least the 28B we paid for them and then they need to make a lot more for this to make sense.

Is LE the one is comes up with this acquisition strategy???

I am still trying to figure out how a medical information records company fits into our corporate strategy? Somebody please tell me what Cerner will do for us?

Actually what LE bought is a company which is embroiled in a number of controversies, latest of which being a legal battles pertaining to contract violations and violations of patient confidentiality. Maybe this is why the deal was held for several months??

Have we given up on Oracle Cloud? Maybe so because customers find it too expensive and the product functionality has to be piecemealed together app by app in order for it to be a cohesive platform.

What have we become.....?