Thread regarding Oracle Corp. layoffs

Stock buybacks can't bail us out forever

I suspect there will be more layoffs in the coming year than in the last year. Oracle can't buy back stock at the same rate as last year..... so something has to happen to make revenue goals. There have to be layoffs coming up, and I think they will have to be at a greater rate than last year at least.

Exactly what @ZKyhcdT-1efh said.

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| 1371 views | | 5 replies (last July 2, 2019) | Reply
Post ID: @OP+ZMqLjpl

5 replies (most recent on top)

Sell. Sell, sell, there will never be a better time !

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Post ID: @4nlj+ZMqLjpl

If you have RSUs, you should be looking to cash them in as soon as you can.

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Post ID: @3bpv+ZMqLjpl

It has to be. When the money runs out, they have to cut something to keep afloat. Heads will roll this year. It has to be.

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Post ID: @3nap+ZMqLjpl

More thousands of American Oracle employees will be replaced by cheaper H1Bs.

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Post ID: @mha+ZMqLjpl

You could be correct. Could be why there finally is an active campaign or plan to shrink the headcount and jettison older products. The numbers on SC’s spreadsheet projections are starting to blink red.

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Post ID: @qpz+ZMqLjpl

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