Should I stay or look outside?
10 replies (most recent on top)
Look at AWS, MSFT, SFDC, WorkDay, etc - those companies are kicking a--; oracle not so much. The only buss in which oracle still competes is DB and even there customer HATE O and are doing everything they can to get off oracle. In summary, oracle had no future. Your personal runway that’s left depends on which group you’re in and how much longer you need/ want to work. But 5, 10 years out oracle will be a invisible shadow of its former self.
which group do you work for?
If you are in Oracle Cloud Infra, or part of some Cloud Service, I suggest you stay. Learn & strengthen your knowledge in Cloud. If you are finding equally challenging engineering role outside, move.
If you are in DB group, focusing to make Oracle DB inherently model & function on Cloud, stay.
If you are part of some Enterprise Application group, decide based on how your group is performing.
3 out of 5 experienced and smart O guys I knew left in last two years. easily more than 30. the only successful O guys I know are 2-3 managers. so, if you are a manager I guess you should stay
I think it all depends on in which type of company you want to work.
Oracle has invested in the past years between 4.5B to 5.5B in R&D per year, and between 10B to 20B in stock repurchasing per year (estimated, could be much more actually), and few other billions in acquisitions.
Another hint: all major cloud providers invest many billions per year in cloud infrastructures, ask SC how much Oracle spent last year.
So if you want to work for a financial compay, stay in Oracle. If you want to work for an engineering company, leave.
I work in APAC and I have decided to leave and my colleagues also feel the same. The best talents have been leaving Oracle for past 2 years.. the CX and HCM skills have left Ora.
If it helps give perspective, in 2000 LE was interviewed by a reporter for the Washington Post.
Regarding his massive Woodside compound, he regarded it as his bid for immortality and said "I think it will outlive Oracle."
https://www.washingtonpost.com/archive/politics/2000/10/30/the-outsider-his-business-and-his-billions/c1ffea25-3eb5-4918-8fa6-8837b79336a5/?noredirect=on&utm_term=.420964e834ff
So much for caring then if the company outlasted him. Maybe he changed his mind.
It's a loaded question.
It'll depend on your background, on what you want to achieve and what group you are aligned with.
If you are young and have limited career options, and if Oracle gives you an opportunity to grow and develop, staying here a few years it's not going to hurt you.
If you are cutting edge engineer who's looking for challenge and professional growth, jet immediately.
Frankly, there are 1000s of scenarios here, and for each the response could be a bit different.
Good luck
You should get out. The cloud effort has effectively failed. TK is gone, you can debate about whether that is good or bad, but I take it as a sign that he sees the writing on the wall. He knew there was no future here and he left. If there had still been a possibility of success, I suspect he would have stayed. I suspect he knew what was coming and got out before everything collapsed. He needed to get out and place the blame on LE.
If you have followed this site, then you should know all the dishonest tactics Oracle uses to extort money from its customers. They wouldn't be doing that if there was not a serious problem.
Amazon has replaced the major usage of the Oracle DB with their DB. They are systematically removing Oracle DB and when they have finished you can bet there will be a huge announcement to that effect. That will be the catalyst for IT groups everywhere to have as there next major product "removal of Oracle DB". Oracle has become a liability with audit practices, cloud fraud and poor software.
The management sees the writing on the wall. If they thought that pouring money into the company to continue development was a good idea, they would do it. Instead they prop up the stock for now and look for other opportunities for investing their time and money.
It's really over at Oracle. You need to find a way out.
Get out now
Run as fast as you can