Total head count today is 136543 and yesterday it was 136368.. 175 added. It includes EMEA, NA also where head count has increased. Any views?
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The 3K+ increase is mostly due to the Netsuite acquisition getting integrated into the HR system and thus appearing in the org chart.
So much for layoffs? 22 days ago, when all these fake rumors started appearing, posted by L3NvNbe, there was 136,368 headcount. Today, we're showing 139,426. Seems we hired 3K+ people in last month or so. Oracle also released a new roadmap for Solaris and SPARC going out beyond 2021. Doesn’t look like engineering is slowing down investments. Several new projects on roadmap including @Customer private cloud. http://www.oracle.com/us/products/servers-storage/servers/sparc/oracle-sparc/sparc-roadmap-slide-2076743.pdf
First it was 50% now 75%!??
Oracle is laying off 75 percent of their systems groups. StorageTek products are going to be a memory. Many jobs will be lost before the end of January.
Ok all u rif'd people breaking your severance agrees just stop that now.
lololol ahaha ahaha hohohoho
-6ie
Oracle is on the decline due to cloud shift and bad strategy but simply bad business ettiquite and no one is going to fix that anytime soon. The company can only grow through acquisition and acquiring other companies clients but they are not stupid. Once choices appear those new clients will flee as fast as they can! So regardless of MH the decline will happen next 5-10 years. MH may accelerate that process.
Dead = end of oracle as a company
MH being sole CEO of oracle: oracle = HP; dead
Is MH not one of the two Oracle CEO's?
According to Oracle's press release:
http://fortune.com/2016/08/22/oracle-hardware-cloud/
David Donatelli reports to Mark Hurd. Donatelli is the current Oracle Cloud Big Cheese.
Sez you: neither Hurd, nor Donatelli have any input on RIF decisions in Systems or Hardware.
Right. Jolly good, then.
-6sis
Its absurd to think MH is not having some input into the way the company is being run. He is the one answering a lot of the questions during the investor calls. Of course he is aware and driving some of the strategy. I'd be very surprised if SC doesn't depart soon under the guise that she's on the "transition team" and MH takes the company solo.
Oracle could, of course, do what other companies do: announce layoffs in advance. That would put an end to the rumors. So why doesn't oracle inform employees and shareholders up front?
BTW, Engineering doesn't report into Mark Hurd's part of the org so the point he's gutting R&D is nonsense.
Nobody knows if anybody will be RIF'd. This board is full of hearsay as nobody has a clue what will happen until it happens. The people commenting here seem to be a mixture of disgruntled current or RIF'd employees who should know better than to spread rumor per their severance packages. The increasing headcount is not due to shifting R&D people to sales(?) or whatever other made up excuses. It's simply from doing business. ARIA information is Oracle Internal Use Only so releasing such is a firing offense.
-6iff
how many people will be RIFd? It seems so exaggerated. Does anyone have actual information as to what sites will be hardest hit. Do those begin rifd know its coming now or are some still in the dark about it? It seems form the postings many are in denial or simply in the dark.
Cloud is R&D for Oracle. We have no clue about it. Lol. For Oracle cloud brings rains.
Solaris / SPARC RIF will be sometime this month, so of course you will not see it reflected in the head count yet.
That said, the overall numbers tend not to change too much. MH is not necessarily about reducing the number of people that work for him, but the total cost. Many of the best and brightest with decades of experience are being let go, and being replaced with fresh graduates in a low cost geo. Also, they are drastically increasing the number of sales people, especially in NA. (Sales is also suffering from its own form of brain drain. Experienced sales people are being let go and replaced with many fresh graduates.) So the overall numbers per region may not change, but there is in fact a huge swing of head count from R&D to Sales.
The end result is the same: a devastating loss of skilled engineers, especially in R&D. Oracle execs like to brag about how much they spend on R&D, but those figures seem to include all of TK's org, which include the operations cost of running the cloud (PDIT)! That isn't real R&D (in other words it isn't an investment in the future of the company), but simply the cost of keeping the lights on for our cloud services. In reality, we aren't even going to be staffed at a level where we can keep what we do have deployed running. Way too much brain drain to be able to pull out of this death-spiral.
Head count now is 139130. It seems they are adding people or some company got merged. Any views?
True
No one is trusting oracle execs anymore. they deliver false messages. Look at what stock market web sites write about them.
MH has never build anything; only destroyed. Call him The Undertaker
The idea that Oracle would time the RIFs to help the H1Bs, or anyone who is not a c-level executive, is downright rediculous. The only thing motivating Oracle's stratagy the past 5 years has been making LE, SC, and MH richer. Everything else is just smoke and mirrors. LE is not a dumb guy: he knew exactly what MH would do when he hired him. You only put MH in charge of a company you want to liquidate. He's a one-trick pony and is probably the best in the industry at what he does. It's all a scam, and I can't believe the market hasn't figured it out yet.
There have been many H1B got riffed in Nov and Dec already, Jan 17 is meaningless!
Look at prior news many large RIFs have been announced in Jan.
One of the reasons they may be delaying until Jan 17 is so that the new H1B rule is in effect. If they do it before then, H1Bs arguably need to leave within 10 days or even immediately, assuming they don't find a new job. On Jan 17, the new government rule goes into place which explicitly allows H1Bs 60 days to find a new job. Of course, Trump could reverse the new rule after he takes office on Jan 20. Systems has many H1Bs.
-1eao
Not necessarily. I have seen this times before. It is hard to prove after the fact and investors love layoffs. Just bet it will prop the stock back up a bit. Why? Because every investor knows that the hw side is in fast decline and has expected a RIF in this area for at least six months. Checkout many of the postings on the blog from several months ago.
1ogw - there are financial disclosure rules in place and if this is material and senior execs had decided about it before the earnings call they have to disclose it to investors
US employees do not get the sort of workplace protections that workers in other countries get. You are an at-will employee. Period. You can quit for any reason, and the company can fire you for any reason. There doesn't have to be any notice to anyone affected. The company doesn't have to say anything about it to the press or on earnings calls or anything. Why do you think that there are WARN laws in the first place? US Companies are not known for being open about these actions.
I was at least happy to see that some of the US groups got a warning that they needed to look internally or elsewhere. I know it is still a cr@ppy holiday gift, but better than being blindsided like most people.
I'm pretty sure the majority of sparc hw development is still in the US. I am not sure about the Solaris. Can anyone answer this?
If there is a big rif on Jan 17, then they knew about it in time for the dec 15 earnings call, but they did share any news about it - is that legal?
Or the media
1 lga - get in touch with trump and let him know
I umderstand that if Solaris/SPARC is not selling and the business decison is to mobe to the Cloud then there needs to be RIF. But Oracle is a US company and SC is on Trump's transition team, so why are we going to RIF US workers? We should let the foreign workers , India, Europe, go first. I thought Trump wanted to keep jobs in the US. Then what the hell is SC doing on his transition team?
Highly unlikely that oracle has informed either Obama or trump about the coming Rif. Not likely that they will issue a press release on Jan 17.
Yes. Smart thinking. I would guess they may already prime the POTUS. The thing is no work is being moved out per se. It's a business case decision and no business person would ever disagree with a strategy like this. It makes every bit of sense to phase out products that the market no longer supports. It does involve cutting people. It's sad and I do think Oracle is one of the most cold hearted companies in existence (in the history of modern corporation).
Jan 17 to bury the news in the trump inauguration on the Jan 20?
This all sounds like what happened when Eagle was cancelled way back in the Sun days.
-1fez
Why jan 17? Why not Jan 9?
GE is expanding big time into digital. San Ramos is their digital location. Take a look at opportunities there. Big oracle customer
Why am scared of loosing my job I guess for simple reason I get paid for doing nothing except for reading abt Oracle products. It makes me unemployable. I hate myself for joining Oracle.
Looks like real RFID will be announced in Jan 17. Do guys also feel the same?