Thread regarding Oracle Corp. layoffs

There is no massive layoff coming

The tinfoil hat brigade is in full affect due to some 'vibes.'

Most likely a reorg. Some trimming due to this shuffling. That's it. It's expected since TK left only a few months ago. It's a delayed trickle down affect.

But for every rustle in the ground, they will scream 'godzilla is a coming.' They are laid off ex-oracle; bitter, no job, no prospects.

I'll tell you the sole reason there will be nothing massive: Oracle had a round of layoffs worldwide of about ~2000 in March. Of course the days leading to it it was the same 'world is ending' frenzy from the tinfoil hats here.

That said, no company does a small cut; only to follow with a bigger cut a few months away. It just doesn't happen that way for, hopefully, obvious reasons to you.

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| 2321 views | | 12 replies (last June 3, 2019) | Reply
Post ID: @OP+Znx6Sp7

12 replies (most recent on top)

"2/21 reactions tell you everything - in short you are at -19 on reactions right now.

i think this board disagrees with you OP"

No, the tinfoil hats disagree with me. However, I stand by what i wrote: where's the beef?

I'm waiting for the numbers but it looks like a sales refresh and a smattering of layoffs --- something that usually already happens yearly.

Again, where is the beef?

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Post ID: @gnd+Znx6Sp7

What a Joke post.

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Post ID: @sqo+Znx6Sp7

2/21 reactions tell you everything - in short you are at -19 on reactions right now.

i think this board disagrees with you OP

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Post ID: @kni+Znx6Sp7

"I wish you were one of the people in my group I was riffing tomorrow."

No one is a position of laying off would loiter in this forum much less post the kind of vitriol you just did.

You're a laid-off loser still pretending to be part of a club you were kicked out of.

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Post ID: @yqv+Znx6Sp7

I wish you were one of the people in my group I was riffing tomorrow. You need to learn humility and have the arrogance knocked out of you.

Unless you’re HR just spreading lies

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Post ID: @sma+Znx6Sp7

The tinfoil hat brigade is in full affect due to some 'vibes.'

WTF are you smoking? Can I have some, cause that must be some serious reality distorting anxiety relief you got your hands on.

"Vibes" You call it? The Mass exodus of senior product development and sales executives in the past 9 months a vibe? How about the shutdown of the Oracle marketing and advertising center in March? What kind of vibe is that? What company bent on selling products fires its advertising center? How about the obliteration of an R&D center? HR its self sending out emails of a massive reorg? That a "vibe?"

What about the statement:

"The head of human resources for the Asia-Pacific region announced that per orders from the U.S. headquarters, Oracle was planning to make some major changes to optimize its business structure, which would inevitably result in huge multi-phase staff reductions globally."

That's just a vibe? How about the market statement on Oracle's -0.01% earnings for Q3 2019 and 0.01% sales growth? Is that a healthy growing business? You think Oracle hid its cloud numbers from its quarterly reports because they were awesome? Have you heard MH or LE touting their cloud prowess like they used to?

This figure implies that they witnessed a quarterly year/year change in their earnings with -0.01% coming in sequential stages and their sales for the third quarter increasing by 0.01%.

This just a 'vibe'? Here are bunch of sources that say things are not good.

Sources:

https://www.bloomberg.com/news/articles/2018-09-12/oracle-s-kurian-is-said-to-take-leave-amid-discord-with-ellison

https://www.linkedin.com/pulse/creative-we-stand-francisco-g-delgadillo/

https://beta.companieshouse.gov.uk/company/SC246876

https://www.societe.com/documents-officiels/oracle-global-services-france-sarl-850981358.html

https://supchina.com/2019/05/09/oracle-to-lay-off-1600-staff-in-china/

https://www.datamation.com/columns/article.php/3902836/Why-Mark-Hurd-is-a-Bad-Match-for-Oracle.htm

What sources do you have to support your "no layoff coming" policy suddenly adopted after abrupt unexpected layoffs in March and May?

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Post ID: @itv+Znx6Sp7

HR suppression crew is working overtime on here to get your team to deliver a patch before the summer team RIF.

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Post ID: @hra+Znx6Sp7

There is no massive layoff coming

Yay!

... wait do you have confirmation on this? Or is this just your gut feeling? Or you are basing this on your experiences and study of layoff practices in North America and Globally? Just curious what facts do you have to support your statement that no layoffs are coming this summer?

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Post ID: @quv+Znx6Sp7

I'd expect the HR crew to make lots of posts here supporting the "No layoff" rumor.

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Post ID: @ypd+Znx6Sp7

That said, no company does a small cut; only to follow with a bigger cut a few months away. It just doesn't happen that way for, hopefully, obvious reasons to you.

Exactly all the cuts are done! No more cuts coming. Layoffs are a thing of the past at Oracle. There is no way anyone is getting laid off this summer.

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Post ID: @vlj+Znx6Sp7

HR Message number @Znx6Sp7

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Post ID: @clz+Znx6Sp7

Yeah I am so not worried. I am perfectly safe at Oracle. I make sure I am in tight with my manager, my director and VP. Always make sure they know of every win I am involved in. No worries here. Bottom of the barrel losers get cut every year. I'll bet these losers light up the forum.

If you get cut 99.95% chance its because you are a loser. Quit reading these posts, get back to work! If you have time to read and post here you are not doing your job. I bet Oracle has subpoenaed the logs here and will use that record to fire a bunch punks.

Get back to work! MH has doubled the stock getting rid of dead weight like you bozos on the forums.

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Post ID: @fga+Znx6Sp7

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