Today UK Marketing teams have been informed their positions are being made redundant. Same happened to 48 people in Germany just 2 weeks ago.
Approx. 300 people will be affected in Romania and approx. 1300 in Europe overall.
This is such a competitive market and buying decisions are heavily influenced by marketing. Already the competition is outspending Oracle by 10x in marketing. After these cuts Oracle will be in a very difficult position. These old fashioned F1 or premier league sponsorships won´t really help anymore.