Thread regarding Oracle Corp. layoffs

Of all the challenges I face as a CEO, none is more critical than attracting and retaining talented people.

Wow. This guy MH talks a good talk. Perhaps the reason MH has trouble finding talented people is because the laid them off, after cutting pay benefits and bonus during good earnings and a good economy. Why, other than the obvious, is he having trouble?

Lets look at what he defines as "talented people"

https://www.linkedin.com/pulse/how-artificial-intelligence-can-help-employers-overcome-mark-hurd/?published=t

Of all the challenges I face as a CEO, none is more critical than attracting and retaining talented people. The biggest obstacle isn’t organizational or economic—it’s demographic: Declining birth rates are starting to deplete the global labor pool.

This problem is particularly acute in Japan, China, South Korea, and most of Western Europe, which have “sub-replacement” birth rates—that is, the number of children born is below the level needed to sustain population and ultimately employment levels. It’s also becoming a major concern in the United States, especially as the country’s declining high-school graduation rate and soaring college costs narrow the supply of highly skilled, highly technical people.

Oh.. by "talented people" MH means high school and college kids with no experience, but have an education and basic technical foundation. So good old MH is having trouble attracting and retaining college kids. He is leaning on AI to help him find out which ones will stay at Oracle ore than a year.

I'm sure its a bummer when he hires and trains a College kid to be a sales consultant only to lose that trained SC with experience because he jumps ship and doubles his salary somewhere else as soon as he can.

Seems that MH could retain them better by paying them something... anything near the industry average. Oh... but wait everyone working at Oracle has not had a raise in over a decade, and by definition (especially after cuts) is below the industry average already...

His problem is people are not having enough babies, that means no new crops of gullible cheap employees he can take advantage of.

So hiring super cheap is the way to go, below average is still too costly... After his "neato" AI based recruiting post he made on linkedin, he was sure to tweet about it.

https://twitter.com/MarkVHurd/status/1024098986670448640

What a great guy. Maybe he could start recruiting high school students from McDonalds. All he needs is to take the guy who asks "would you like Fries with that?" put him through training and have him ask "would you like Oracle cloud with that?" That would solve all the sales problems dealing with cloud.

Where did LE find such a genius to run his company?

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| 1901 views | | 17 replies (last August 22, 2018) | Reply
Post ID: @OP+UHl4ey9

17 replies (most recent on top)

LOL, so true !

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Post ID: @5fha+UHl4ey9

Management is like monkeys in a tree. The monkey at the top looks down and sees other monkeys. The people at the bottom look up and see only @$$holes.

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Post ID: @5mks+UHl4ey9

Sooner or later every company will be run by a monkey, except that having monkeys run high tech co’s doesn’t work thay well, as oracle has chosen to prove for no reason other than to destroy itself

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Post ID: @5koz+UHl4ey9

if all all smart talented and low wage people are given any chimp can run any company why we need MH.

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Post ID: @5qea+UHl4ey9

Oh, that huge, gigantic, gargantuan stinky diaper on MH’s a-- filled with all his sh.t, makes me laugh

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Post ID: @5vdd+UHl4ey9

He should be running scared about all the cloud fraud, putting on adult diapers to keep in all the sh-- is his biggest challenge. Will he be a rat and turn on LE and SC?

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Post ID: @4afu+UHl4ey9

Talented people means cheap labor. That is all it means. He thinks he can make it work but so far it's not working. You can only hide it for so long before the chickens come home to roost.

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Post ID: @3rym+UHl4ey9

Darn it, what’s wrong with this world: I make a $100 million a year and I can’t find people to work for free - what’s wrong with these people! Losers, slackers, ...

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Post ID: @3dqs+UHl4ey9

@UHl4ey9-1xgh

I used to cut and paste most of my review answers. I even told my manager what I was doing and he told me it was fine because "none of us are probably going to get raises anyway". And of course, he was right.

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Post ID: @2ogq+UHl4ey9

I wonder if this might have changed in the last week or so. Can his biggest challenge have become how to stay out of jail for cloud fraud?

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Post ID: @1qpe+UHl4ey9

Right on target, don't put everything 5 so that every year there could be improvement. That's the Oracle total BS.

Actually reviews don't matter because raises are based on the stacked ranking of your department and then by your stacked ranking inside your department.

The untalented beholder says no talent all the time.

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Post ID: @1xgh+UHl4ey9

this is simply disgusting. MH is a disgusting person, really.

like many people before me, I was a top talent, got a 5 since 2010, then last year I got a 3 (even if I'm doing the same exact job and I have overachieved my target) because "since you are so good Oracle is expecting you overachieve your target, so your performance is just normal".

holy Jesus, Oracle is expecting me overachieving, must be the reason I got no raises in the last 5 years, because I'm doing "normal" things.

I'm completely sure this year I will get a 2 or maybe a 1, and I will be fired because I have not overachieved the overachievements, and so it is much better to hire a totally unexperienced college kid that it will take 6 months to train, and then another 3 to 5 years to level to the right experience. that is, if he/she remains in Oracle after the first year, of course, which is highly unlikely given the salary.

as I said, happened before, will happen again.

so, overall, short term (very short term) financial benefit for Oracle, and short/mid/long term complete disaster for the effectveness of the sales force and presales org.

congrats MH, you truly a genius.

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Post ID: @1ful+UHl4ey9

“Of all the changes I face as CEO, I get older but the young girls out of college stay the same age and I need to see young hot women in the hubs.”

— MH

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Post ID: @1lee+UHl4ey9

I think he meant to say, the world is lacking talents that will take peanuts and work to death for Oracle. He is probably right. I am sure Bangalore has a lot of people and better universities than in the US.

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Post ID: @xoi+UHl4ey9

I worked in Oracle for few years and was a top talent and in my OPAS I used to get 5/5 and they made me redundant few years back and I moved on. Now, I have joined a competition and one thing is very clear Oracle has good products and technology but it has got poor leadership like MH, Luic, DD, etc., I think these guys have made m$ and they are holding on to the power and authority and firing out all the good people to satisfy their ego and inefficiency. All I can say is God save Oracle.

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Post ID: @jek+UHl4ey9

He forgot to add "cheap" before "talented people". If he did, it would all make sense.

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Post ID: @lbk+UHl4ey9

What a BS artist, what a bs artist! I’m speechless! Worth at least $100 m a year right there, maybe more! not!

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Post ID: @wda+UHl4ey9

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