Thread regarding Oracle Corp. layoffs

"Get off this BB"

Stuck in the last century are we? You still using a modem?

FWIW, "confirmed" means that a reliable source, which can be cited, has divulged the information. Like when MF leaked the coming Solaris layoffs to his troops. That had to be one of the few reliable tips on this board. All we seem to be getting these days are wild rumors.

@SRVoy1i-6vnr you shall not pass. Get off this BB and stay off

"Lay offs confirmed"

confirmed by what? a bunch of yaking lips on thelayoff.com talking about it does not mean it's confirmed.

I guess the layoff schedule got pushed back to May 31. There was another post that said end of April or May 1.

Anybody know anything about layoffs in support ?

Fujitsu buying the systems group would be great for everyone. Oracle has been completely clueless about how to make and sell hardware or their own OS. Fujitsu not only has the knowledge and experience, but unlike Oracle, they actually care about their reputation and relationships with their customers. Fujitsu would not be willing to just abandon its customers like Oracle does almost every day. With a company like Fujitsu running the show, Solaris users could at least have faith that the product will remain properly supported and maintained until the published end of life.

The 5/31 layoffs are a forgone conclusion, have been planned for a long time. Any attempt to deny them by applying logic to them is just pure denial. Get over it! You’re getting laid off whether it makes sense to you or not, regardless of whether you think it’s fair or not, and regardless of whether you like it or not. You’re gone now deal with it!

Oracle will not get rid of all field sales as most revenue and most profits come from renewals of on-premise license agreements. They are surprisingly complex as they are often renegotiated. Many customers are not renewing ULAs anymore and are instead buying by the drink. It is such a complex process at Oracle that they need experienced salespeople to do it. Oracle field salespeople need to be very skilled as contract administrators.

How do you know that the upper level management knows any of this or cares? I suspect they are in some closed room somewhere with no other input than a spreadsheet of what everyone makes.

I believe that somewhere else, I've forgotten the company, they laid off the best salespeople simply because they made more. They just looked at a spreadsheet. That's it. I believe Oracle upper level management is more clueless than that even. Don't be surprised at how stupidly things can be done.

Oracle will not get rid of all field sales as most revenue and most profits come from renewals of on-premise license agreements. They are surprisingly complex as they are often renegotiated. Many customers are not renewing ULAs anymore and are instead buying by the drink. It is such a complex process at Oracle that they need experienced salespeople to do it. Oracle field salespeople need to be very skilled as contract administrators. However, they do not need a lot of field salespeople just to do renewals. Layoff, yes - major re-orgs always happen every June - but a complete elimination of field sales? No.

I agree that Cloud Architects at Oracle should be looking for another job. I agree that Oracle cloud is not competitive, is way undercapitalized, and is falling even further behind AWS and Google. They are not going to build 12 data centers. Oracle has been saying this for years. What happened to that giant Utah data center they were going to build? Never happened.

I would expect there will be some other areas impacted also, like UX groups.

As with other layoffs there were large groups targeted but also a few developers here and there, etc.

Everyone should be on their toes.

If it's just for three more years, why buy the Systems group from Oracle? The status quo seems to be working just fine for Fujitsu. This sounds like a made up rumor.

Fujitsu is not interested at all in SPARC servers, we have our own SPARC64 line, and I think is much better under many aspects.

Fujitsu is solely interested in Solaris, only because of the still huge SPARC64 market we have in Japan. and this only for the next 3 years, when the transition to Linux will be almost done. after that, also Solaris will be irrelevant.

if Fujitsu is going to buy Oracle Systems group, it will only be for Solaris/LDOMs engineering, and a very skinned, almost just a framework, SPARC sales&presales around the world to join our org, nothing, really nothing like the current org you have in Oracle. so before that, some massive layoffs must be done by Oracle, I'm sorry.

For the sake of former Sun colleagues who are still at O I hope to God this happens. Maybe they would be treated better than they are now. From what I hear, anything would be better. Maybe Fujitsu would have more respect and would better promote these products that have been money makers for two companies now ( Sun before Schwartz and Oracle)

"So... Buy it for 7.4 Billion, make 9 Billion in a lawsuit and then sell off what is left to Fujistu for cheap. Makes good business sense to me."

Don't forget that the systems group has been profitable for years, and that gets added to he bottom line.

There is no way they are getting rid of all field sales.

Now, what I have heard is that they are going to take Oracle digital and start allowing the kids to travel. They get rid of the reps, SC's, and ECA's making about $150k base + bonus and replace them with kids that will make on average between base and bonus probably $75k-$80k. This is all about cutting costs. Out with the old and in with the new. To bad that mantra isn't followed at the top with MH, HD, RG, TK, and SC.

Apr 20, 2009 - Oracle Corporation (NASDAQ: ORCL) and Sun Microsystems (NASDAQ: JAVA) announced today they have entered into a definitive agreement under which Oracle will acquire Sun common stock for $9.50 per share in cash. The transaction is valued at approximately $7.4 billion, or $5.6 billion net of Sun's ...

https://techcrunch.com/2018/03/27/oracle-wins-appeal-against-google-in-copyright-case/

Mar 27, 2018 - Google has maintained that its use of Java fell under fair use, an argument that a jury agreed with in 2016. Google also won the first round, when Oracle sued the company in 2010. Oracle was previously seeking $9 billion in damages, making the financial stakes just as massive as the implications for the ...

So... Buy it for 7.4 Billion, make 9 Billion in a lawsuit and then sell off what is left to Fujistu for cheap. Makes good business sense to me.