Sickening really - those at the top getting insane stock options + bonus's, company making record profits, then they do this!
Any I have been unofficially told by my line manager that we should not expect any bonus/rise or RSU's in this years performance cycle.
Do they not realise its us peasants at the bottom of the tree that are enabling them to make this huge revenue?
Safra has been pulling billions out for years. The israelis like their money.
I'm giving Safra a pass, I've worked with her for years, she clawed her way to where she is now.
You are cattle
Thats how Oracle has been working since late 70's . This is not a surprise. When economy contracts or sentiment is -ve no nothing and vice-versa.
It is my understanding that people like her have to schedule their ORCL stock sales months in advance, to avoid insider trading issues. Still, $2.5B is a huge amount. Maybe she's planning on stepping down? Who knows?
Meanwhile in every meeting "thanks for all your hard work and our people are fundamental to business success".
However, "unfortunately we've been unable to secure any funding for employee bonus, promotions, pay increases or RSU allocation" ... again.
Those new data centers are a bit expensive and we need the money we save on people to build them and inflate our share holdings.