Thread regarding Oracle Corp. layoffs

It’s happening!

My team just received RIF notices. We looked after one of the largest customers in the US responsible for all oracle products/services and customer sat. To say we had a positive impact is a gargantuan understatement!

JTs entire strategic account team is getting disbanded. Blown out of the water. JT is abandoning the cost cutting ship!

Oracles most customer centric group 86d! Now going back to exactly why oracles largest customers hated them - death by a thousand cuts with no 1 LoB able to solve the customers problems.

Speaking of Abandoning ship my prediction is our best customers will start abandoning the oracle ship.

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| 6711 views | | 19 replies (last June 7, 2023) | Reply
Post ID: @OP+1mUgh3Gr

19 replies (most recent on top)

No surprise JT team disbanded along with him. He never delivered any value. Made it up as he went along. I sat on calls with him and he never listened and believed he was the expert. All in all his emotional intelligence is lacking including self awareness. I heard he got hammered by LJE at porcupine in front of leadership, didn’t know his business. Was definitely promoted well above his pay grade and should never have been an EVP. Reflects poorly on DK who would have put him in this role, who I have respect for.

As previously, JT was building a team he had no idea of how to build the right org capabilities needed to be successful in the market. It takes experts and experience in that market that have already done it as it’s a hard business to nail. EC won’t do any better, but the same, and leadership missed a massive opportunity.

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Post ID: @6etn+1mUgh3Gr

CSM teams are getting let go right now. Big cuts. whoever remains must sell ACS. Good luck!

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Post ID: @5qxj+1mUgh3Gr

The problem is associated with a usual oracle phenomena which seems to come in 2-3 year waves. Test a new model and fail, test a new industry approach and fail - and most fail because empire builders are appointed who build way beyond the justifiable capacity of the business.

JT was trying to build an empire that got far too heavy without adding the necessary value or having the right level of business impact. He hired a very large team of “supporting” and ops staff who added absolutely no value - and were extremely costly. Many of the SCDs hired added little value and were not empowered to solve problems across the customers contact points with Oracle and rarely did JT support them to do so or Recognize the challenges faced.

I heard a large part of that organization are celebrating because they no longer have to report into a belittling, insulting micro manager who fundamentally does not understand sales strategy.

This is a good move for oracle creating more harmony in the field and improving their ability to solve customer problems. My prediction is this won’t substantially impact oracles business or customer satisfaction. In contrast oracle proves its ability to be nimble, Recognize needed change ahead of the curve and cuts fat where it needs to be cut.

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Post ID: @2pjy+1mUgh3Gr

Layoffs im EMEA as well, don't know the scope of it yet but in my department at least 4-5 people laid off, one every national team, and also managers, so I assume the scale of it is larger.

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Post ID: @hns+1mUgh3Gr

What roles at NAA get hit? Sales? Engineers?

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Post ID: @drq+1mUgh3Gr

And yet, I have not seen a single farewell email. Odd.

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Post ID: @vyz+1mUgh3Gr

North America Apps (NAA) hit hard. As usual, lots of good people who should have been kept in other roles were let go. Oracle’s loss.

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Post ID: @xzc+1mUgh3Gr

@rap+1mUgh3Gr
managers are notified the day before, so either the person is a manager themselves preparing to do a layoff of their team or their boss let them know informally early.

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Post ID: @raq+1mUgh3Gr

What NAA stands for?

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Post ID: @hor+1mUgh3Gr

10 of our 14 got RIF'd sounds like NAA is getting hit hard. Manager let us know yesterday informally, got the HR script this morning.

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Post ID: @qlq+1mUgh3Gr
What teams?

Re-read the original post

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Post ID: @sdq+1mUgh3Gr

What teams?

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Post ID: @fhi+1mUgh3Gr

Those saying they were notified yesterday… how? I’ve never heard of a company giving you a heads up the day before layoffs

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Post ID: @rap+1mUgh3Gr

Which teams

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Post ID: @eql+1mUgh3Gr

I got my 'consultation period' offer yesterday out of the blue :(

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Post ID: @chr+1mUgh3Gr

You know why big O will never go away? They have the formula down to provide the least amount of support for the largest fee. The least amount of compensation for the greatest amount of output. The most boost from a reputation that gets lessened every time they sh*t on AWS, etc. trying to find a niche for OCI.

You’re better to be outa there. You will be ok and get through it. Trust those of us who have been there. We must number in the thousands by now!

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Post ID: @wlj+1mUgh3Gr

Well after all, Oracle products and services sell themselves. And as far as customer sat is concerned Oracle tech is self-tuning, self-healing and self-repairing, so any large account team is basically an anachronism at this point in time.

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Post ID: @swt+1mUgh3Gr

Layoffs for Oracle happening tomorrow - was notified today

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Post ID: @lef+1mUgh3Gr

Sad

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Post ID: @ugb+1mUgh3Gr

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