Thread regarding Oracle Corp. layoffs

"I too identify myself with every aspect of this post, much respect to you sir!"

or madam!!!!!

I identify with the OP, wonder if they made the cut yesterday since in my personal experience, I know most of the layoffs in my group were long time employees.

What Oracle is quickly becoming is a simple SaaS Application provider.

An Oracle relevant offering will soon look like an SAP relevant offering as companies will compete for Applications/SaaS and the Oracle DB will become the next Sybase. (which is now owned by SAP)

Oracle has potential maybe years from now. Something very serious is going to happen between then and now. Large layoffs will eventually be needed.

The rats on board will start attacking each other trying to be the last to survive. Honestly, you don't really want to go through that, do you? Are you really that desperate for a job that you are willing to cling to the side of the Oracle ship while rats bite at you to try to get you to leave?

They are propping up the stock so LE doesn’t get margin calls for all hisboracle stock that is collateral for his personal loans. When stock goes down and the banks call on the collateral/ sell the stock LE will no longer control oracle b/c he won’t have the stock anymore. The nightmare scenario is becoming more likely by each passing day. The latest lawsuit called out the cloud fraud in plain English that any shareholder/ investor, no matter how dumb, illiterate and naive, should understand. Down she goes, the ship oracle - the rats 🐀 (MH, SC, etc, ) are ready to jump ship! LE is stick in his own muck - so Sad for you LE - NOT!

"They are propping up the stock for a reason, probably to keep themselves solvent until they can get their money invested elsewhere. I think they just don't care. "

I don't see how LE could ever divest from Oracle. MH and SC could, but not LE, he owns too much of the company. If he tries to divest, the price will collapse. Even if he sold off just one billion a year, it would take him 40 years to divest, and even with his army of doctors he won't last anywhere near that long.

I too identify myself with every aspect of this post, much respect to you sir!

In my case it was the lower level managers that were the slime. They had thugs that lied with them about people and they got other people to do the work for them and then lied about that to take credit for stuff they didn't do.

There were a couple of VPs above them that they were afraid of. They worked together to sabotage what they were told by them and sabotage people that worked for them that were supported by the VPs. The VPs knew what they were doing and the managers under them were incompetent scum.

As for above the VPs, it appears there is a lot of incompetence, including MH, SC and LE. But, is it really incompetence, or do they just not give a sh-- about the future of the company. Just because you want the company to continue, does not necessarily mean they do. These guys have a lot of options. They are propping up the stock for a reason, probably to keep themselves solvent until they can get their money invested elsewhere. I think they just don't care.

And then, even if the upper level management becomes awesome, it doesn't matter. The company is filled with incompetent and dishonest people. They are literally everywhere. There is a lot of in-fighting and groups blaming other people and other groups for their own incompetence. A lot of good people have left.

Oracle also has an enormous amount of legacy software they have to support for lots of customers and when the layoffs target older people who knew those systems there is no way to recover. Customers see sh--ty service and support for their products and they lose respect for the company in general and they go elsewhere.

I don't think there is a way for the company to recover. It's looking more and more like the DB will also be obsolete in a few years. Software changes quickly, Oracle changes intensely slowly.

That said, I have seen some scumbags get the boot this past year. So, that is at least one positive change, but I think it's a drop in the bucket.

I think everyone should dust off their resumes and move on.

"HP was heavily damaged by the Fiorina Fiasco"

People here complain about LE and his minions, but I think CF got a huge pass on all the damage she did to HP in a very short amount of time, and I hate to say it, but I think the tech press and others wanted her to succeed at any cost because she was a woman, and when they finally had to fire her, the press was very quiet about it. When she ramrodded the Compaq acquisition, which was obviously a bad idea, almost no one in the press spoke up. If anything, the press mostly lambasted Walter Hewlett, who opposed the acquisition, as a clueless heir who had no idea of what he was talking about (And CF waited until Bill Hewlett died before pushing the Compaq deal). But like I said, the media and others wanted her to succeed, regardless of the cost. And that cost was dear, as HP is now but a shadow of its former self. If this is to be Oracle's fate remains to be seen.

HP was heavily damaged by the Fiorina Fiasco. Hurd was just another of the spectacularly bad decisions made by a BoD that thought that espionage was a good idea.

"Once MH goes away and immediate change will happen in the US, EMEA and the apac market. Once the right leaders onboarded, Ora will rise again."

Hard to say. HP never recovered from the damage CF and MH inflicted on it. He tried to milk the printer business, but now that is a commodity biz,and HP Inc. has little else to show, other than low margin PC's and laptops. HPE is in even worse shape (it seems that all they sell are low margin x86 Linux servers) and I wouldn't be surprised if it gets ripped apart and sold off bit by bit. But one could argue that HP Inc. and HPE have had mediocre (though very well paid) leadership since MH was fired.

Company continues to alienate customers with predatory licensing tactics to increase revenue and force additional purchases. Can't see any significant growth as long as the practice of extortion by audit continues, forces existing customers to look elsewhere and pushes potential new customers to the competition.

Stay put. This too will pass away. Once MH goes away and immediate change will happen in the US, EMEA and the apac market. Once the right leaders onboarded, Ora will rise again.

Well written especially the part of believing in your immediate management but wary of those higher up.

Yes, there is great potential but it is hampered by culture. I remember how excited I was about the first release of Fusion Applications knowing the brain trust we had with so many acquisitions. I was disappointed when it was clear the 'old culture' decided not to use best practices and took a 'not invented here' approach to the design. We're still recovering from that with the legacy apps still delivering more in some areas than the new SaaS does. Again, a culture issue.

The largest one I feel which is impeding Oracle is the silos's of products with little or no consideration for interacting. The PaaS-for-SaaS strategy is a clear example of that. It's really an oxymoron. No one is trying to make them work together except on paper.

I think a number of us realize that Oracle's lack of performance is self inflicted.

the first intelligent post i read since i came across this stupid patetic forum full of frustrated and haters.

Well done bro, i am in the same situation like you...

Very well said, indeed, OP. I have a lot of good people still at Big Red that I care about and am in touch with, so no wish to hope it goes down, but the leadership is not there. MH was nothing more than a hatchet man and will always be one. No vision, no concepts of the knowledge that he is axing.

Hang in there and good thoughts to you.

Very well said! Ex-O guy here, but I am rooting for it’s strong comeback.

Very true. It will rise again. It needs good leaders not mangers