Rumors are an announcement is coming soon about a dramatic change in senior management. Hints have been made here in the layoff forums and have been deleted because they may contain personal health related information.
You can figure out the rest.
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Here’s the link with the graph
https://techcrunch.com/2018/03/20/oracles-cloud-biz-heading-in-the-wrong-direction-right-now/
The cloud numbers that you are saying didn't fail, caused a 13.46% drop in the stock price. This is because Oracle's cloud growth is slowing significantly quarter to quarter. There was a link to an article with a great graph where you can see this. This has been going on for a year now. Quarter after quarter of slowing cloud growth.
While real cloud company growth is accelerating, Oracle's is slowing. This is an indication that Oracle's cloud is not real, Oracle is not a cloud company. The reality is, it never will be. Nothing has been done to change that.
Customers who are forced out of on-premise tools and into cloud are not choosing Oracle, and they never will. Other companies have a 7 year head-start on Oracle and Oracle's lack of commitment with cash to catch up is non-existent. Oracle is building a fake cloud with tons of cloud washing around it to disguise it as much as possible.
Nothing is going to change. If you are concerned about your career, now is the time to move to a real company. If you prefer to hangout with the psycho management and their desperation to stay inside the Oracle country club, good luck to you, the country club is moving to India, and I don't think they will be taking you with them.
It’s not just the weak guidance. Fast cloud growth, as demonstrated by compeditors like MIcrosoft and Google, was the only redeeming value our stock might have had. It’s a gimmic to try and distract from the overall picture, which is pretty bleak. Virtually flat revenue for over half a decade is not something you’d normally want to invest in. Now even the cloud growth story is unraveling, there is much less incentive to the invest in Oracle. Every quarter where we don’t show Cloud growth that is competitive with the likes of Microsoft or Google, is another quarter that Wall Street starts to take the overall zero growth more seriously.
Ever since MH took over sales, we have been in a glut. There is only so long that you can distract people from that simple fact.
"If the next quarter numbers are as bad as the last quarter"
The numbers last quarter beat expectations. What sank the stock was the weak guidance on the cloud business. If the cloud guidance is weak again, I could see heads rolling.
If the next quarter numbers are as bad as the last quarter, someone is going to go in the top level management. Even if MH is completely well. Someone will have to take the blame.
Of course it is! Remind me again how many people were laid off at the end of FY each of the last two years, would you please!
This is typical Q4 hysteria to cause panic. No source of actual truth.
Another oracle cover up, just like cloud washing!
Rumors, or did the OP just make it up? There seems to be a lot of that in this forum lately, bogus information,
Fake News
Rumors. Yep. Enough said. It is just that rumors.
Look at his twitter feed. Not hard to figure it out once you look at a few recent pics of him.