Thread regarding Oracle Corp. layoffs

The writing was on the wall

Nobody wants OCI. Just being honest. Selling it as a rep or tech\architect is like having your nails removed with plyers. Most customers are ready to slam the door in your face. The only saving grace you have is if they like you personally - they will appease you. Despite the marketing and empty words, it was a matter of time. They started years ago giving the architects ridiculous responsibilities as they laid off people in integration and security sales. That was phase 1. Phase 2 was starting to replace people with the centers with young people who really know nothing about enterprise challenges or company challenges even. Then they got rid of those and brought them directly in with architects. Even though they might know a fraction of what an experienced person would because it takes time. If it is only a technology question they were capable. If it was really finding the answers to business solutions given the environment, they would fall short. However, once all these things happened and with the demand for OCI not being much in reality, it was only a matter of time and I think it is going to get worse.

All this multi-cloud talk from Oracle is nothing but admitting that they failed at gaining real market share. That is the truth. Now Oracle is spinning it as if they had an epiphany when in reality it is the proverbial white flag.

Originally posted by @bni+1jm49eUv.

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| 1941 views | | 2 replies (last October 25, 2022) | Reply
Post ID: @OP+1jnrfXr5

2 replies (most recent on top)

You can ask any OCI salesman, possibly with a bit of li---r to make them honest, and they’ll tell you how much of a struggle it is to sell the product.

A lot of top class salesmen just downright lost. Here’s to hoping that these people find jobs. Believe me, that they could sell any OCI is a testament to their skills.

As for oracle, they’re in trouble and I can’t see this getting any better. OCI losing was a huge deal and I can’t see any way of them keeping themselves relevant.

Firing both the expensive top performers and the newer younger hires is just a recipe for stagnation.

Like what on earth was the Cerner merger? What’s next? Are they going to join Zuckerberg in Meta madness next?

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Post ID: @uqq+1jnrfXr5

The layoff narrative is all starting to come together, and no one more can be thanked than the posters on this group. What LJE, SC, CM, SM, and JM won't admit to analysts can be read from current and ex-employees.

Basically at this point:

  • ACX is a concession to Adobe, Salesforce, and Workday. The 8/1 layoffs and maintenance mode now says as much.
  • OCI is a concession to Microsoft, Google, and AWS. Yesterday's layoffs are evident and so were LJE's words at OCW.
  • HCM, ERP, SCM, and other apps exist on an industry level. The hope is that the riches are in the niches, away from the 50,000 foot view marketing the company used to do. JM is hoping individual industries don't know about Oracle like everyone else has, and that industry specialization can rule the day.
  • Database exists as a legacy solution. Who cares that LJE won the day in 1995 versus IBM? Today's folks want specialization (SAS), open source + commercialization (Confluent, Snowflake, Astronomer, et al), or 100% cloud. Autonomous database as a value prop sounded cute in 2019. Now it's likely not a differentiator.

We're waiting on:

  • The future fate of hardware.
  • The future fate of Sun and whatever is left from that.
  • The fate of these other BUs that still exist in the company.

I predicted a few months ago that by 2025, it would be mostly just Oracle running as a healthcare company trying to make LJE immortal. Looks like this will probably all come faster, as long as the company has the termination dollars to make it happen.

Just sad, but this is what happens when LJE, his management, and business strategists have no idea how and what to do.

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Post ID: @drc+1jnrfXr5

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