Many departments and orgs across Oracle were mandated just before the Christmas break to “give back” significant portions of their 2H 2020 budgets. Translation: cut drastically and cut rapidly. Some departments’ expenses are being cut up to 50%... — read more
Is Google hiring?
Is there anyone out there who has followed the VPs that went off to Google with TK?
please train me
Heartbreaking. https://www.glassdoor.com/Reviews/Employee-Review-Oracle-RVW31079984.htm
Unofficial official layoff report 1/5/2020
Happy New Year everybody! No major layoff this past week. Total since 6/1/2016 remains at 25,276. Keep looking!
What would it take to get you to work at Oracle again?
For those of us who have found a way out of Oracle. What would it take for you to work with the same manager you left? Lots of cash? Better people to work with? Act of God?
Advise to get promotion or sal hike in a support org
Im a new member (1yr) in one of the support org. By this time realized that we wont get any salary hike or bonus yearly, overtime (some do, based on mgr pref), lot of politics, mgr doesn't care if u r not his fav. Just felt like not care, no value... — read more
How to get back in?
I was let go from Oracle but have found that my skills transferral to other businesses does not work so I'm trying to figure out how to get back in. Has anybody left and came back? How did you get back in?
This is why you have to stay up to date with your skills
After being laid off by Oracle it was tough to find a new job in the same role. True, for personal reasons I stayed with Oracle for 10 years after being acquired, I had kept my resume up to date, but it wasn't until I interviewed for jobs with... — read more
Unofficial official layoff report 12/29/2019
No major layoffs this past week. Total since 6/1/2016 remains at 25,276. Happy New Year everybody and much success finding new jobs!
Hiring?
Keep spreading the rumors! Helps me out ;) Half my team is gone now working jobs they hate because they listened to these kinds of rumors. While I still have a job for the foreseeable future at Oracle due to our teams profits and small headcount... — read more
90% of oracle's earnings per share growth is due to stock buybacks
At the software giant, buybacks have spurred a lot of borrowing and spending. Executive chairman and co-founder Larry Ellison’s company has spent roughly $75 billion to buy back stock since its 2016 fiscal year, and $41 billion over the last five... — read more
Make sure you have plan B
I know a guy who was hired by OCI then got RIFed in March 2019, then hired by UBER than got RIFed in Sept 2019, not he is working for G. What's your plan B?
Is anybody safe at Oracle?
Is there a department or a specific position (outside of the C-suite) where people can spend their days simply working instead of having to split their energy between that and worrying about their jobs? And if there is, are they hiring? I'd be... — read more
Oracle break up
Rumor has it Oracle is selling off divisions mid April. Telco stack including BRM. Fire sale as Oracle is primarily shedding dead weight and cutting expenses to the bone. Old tech stack getting pruned. Siebel, people soft etc ... out. ... — read more
Latest prediction for layoffs
Heh. You are FAR too optimistic, my friend. S.C. is three steps ahead of you already. The spreadsheet analysis has been done. The first round of layoffs for calendar year 2020 begins on Tuesday, January 7th. S.C. has already circulated memos... — read more
Unofficial official layoff report 12/22/2019
No major layoffs this past week. Total since 6/1/2016 remains 25,276. Happy Holidays everybody!
TK at it again
Google Brass Set 2023 as Deadline to Beat Amazon, Microsoft in Cloud - https://www.theinformation.com/articles/google-brass-set-2023-as-deadline-to-beat-amazon-microsoft-in-cloud
Microsoft please buy Oracle - end this insanity. MSFT should eat ORCL
Its time. Its time for a 1.2 trillion company, Microsoft, to buy Oracle. Every single customer wants this. It would also make sense. This is the power move. Do it now, Oracle, while the company is worth 180 billion on paper. Microsoft would then... — read more
Employee feedback items (31 items) - 11/15/2019 to 12/15/2019
Employee feedback items, source below. There are 31 entries, which one do you like the best? Like this thread if you want me to post this summary once a month. Senior Account Executive in Austin, TX This is a large organization and like... — read more
CEO initiatives
SC as the sole CEO and now in charge of sales that she knows nothing about has decided that sales is too blood expensive. Way too many people. Way too much trouble. Spreadsheet say get them f— off the payroll, they’re getting in the way of... — read more
Unofficial official layoff report 12/15/2019
No major major layoffs this past week. Total since 6-1/2016 remains at 25,276. Nobody is going to miss MH, but with SC as sole CEO it’s management by spreadsheets. Expect more layoffs to meet EPS and maintain share price. Keep looking people... — read more
VP mkting leaving
Not a wet eye in the house
Down the drain we go
Ok, having two CEOs was stupid and expensive, but now we hear that O will have a single CEO - SC, which is id–tic. Welcome to management by spreadsheets by somebody who has no experience with either technology or sales. The O strategy is to milk... — read more
O misses Q2
Oops! Not a good quarter, stock down
Leaving for Las Vegas (OOW2020 on)
So Oracle is moving OpenWorld to Las Vegas starting 2020. Says SF too expensive and sordid. (Or is it no one wants to pay much to go to an Oracle user conference any more but O Hope's the Larry Lovefest will draw if there is gambling and vice on... — read more
https://economictimes.indiatimes.com/tech/ites/vishal-sikka-joins-oracles-board-of-directors/articleshow/72450459.cms
https://economictimes.indiatimes.com/tech/ites/vishal-sikka-joins-oracles-board-of-directors/articleshow/72450459.cms
I've been hearing that Oracle is in freeze hiring again until January of 2020
Is there any confirmation on this rumors? I have heard some people were verbally offered but, has to wait until January if the job offer stands. Especially in North America OCI
Support reorg - split into separate groups
CR's central support group was divided into separate orgs now with product dev teams - no wonder RS left ! Seems there isn't going to be a replacement EVP. ACS moved to the chief customer officer org under JE. Let the games begin....
CEO of the Year
https://cloudwars.co/cloud-wars-ceo-of-the-year-2019-thomas-kurian-google-cloud/
Unemployment down to 3.5%
Now is the time to make a move to another company. Right now people are finding it easier to move because companies have fewer choices. I know someone in management who went to a single company, passed through all levels of interviews quickly and... — read more
Unofficial official layoff report 12/8/2019
No major layoffs this past week. Total since 6-1/2016 remains at 25,276. Keep looking folks, keep looking, no future in staying at O.
CR resigning effective 31-Dec-2019
CR, EVP Support, leaving 31-Dec.
At net-debt Oracle, a $75 billion argument that stock buybacks can go too far
https://www.cnbc.com/2019/12/05/oracle-shows-buybacks-can-go-too-far.html The multiyear buyback binge cost more than a third of today’s market value for Oracle and has pushed the company into net debt despite sporting $35.7 billion in cash and... — read more
Former Oracle product manager says he was forced out for refusing to deceive customers. Now he's suing the biz
https://www.theregister.co.uk/2019/12/04/oracle_product_manager_lawsuit/
Is there any active development for fnproject.io
I moved out of oracle and my current workplace is considering this as an open source function as service solution on openshift. I am wondering if this is dead and the people working on it mostly gone or the project still alive and thriving
Larry should step down
It will good for his pocket $$$ at the end. What do you think? Why not, everybody else do it. Smarter :-) http://www.msn.com/en-ca/news/world/google-co-founders-step-down-as-execs-of-parent-alphabet/ar-BBXINsk?ocid=ientp
Unofficial official layoff report 12/1/2019
No major layoffs this past week. Total since 6/1/2016 remains at 25,276. Keep looking, keep looking
Laid off in 2017, now headhunted for the same position
I've been laid off in 2017 in the layoff wave in Europe. Now I was contacted by individuals claiming in no uncertain terms that there is an open position at my previous job (they did provide details that only Oracle would know) and if I'm interested... — read more
Exec brainstorming is a nightmare for Oracle employees
Total rumor: someone leaked information from an executive brainstorming session where the selling off of old technologies was discussed. Fusion apps, the whole telco stack, all the old financial apps, surrendering the cloud war and focusing on... — read more