Topics regarding layoffs at Oracle Corp.

Topics regarding layoffs at Oracle Corp.

Unofficial official layoff report 9/15/2019

No major layoffs this past week numbers wise, but obviously one very important layoff. That brings the total since 6/1/2016 to 24,851. One gone, two to go, but don’t expect that to change much of anything. Keep looking, the oracle trajectory... — read more 

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| 1334 views | | 1 reply (September 16, 2019)
Post ID: @OP+114v1ftB

Oracle layoffs Thursday Sept 26th?

With MH gone, people have pointed out that HP kept to his layoff schedule even after he resigned. Multiple rumors pointed to a layoff after open world in September. So it's possible the marching orders given by MH will still be executed through... — read more 

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| 3400 views | | 6 replies (last September 20, 2019)
Post ID: @OP+1132tN8y

OCI Santa Clara vs Seattle

Anyone here get the feeling that the Seattle OCI folks really don't like the Santa Clara set of engineers? I'm not talking about the remaining classic teams, but the actual part of OCI teams in Santa Clara. Is it just perception due to remoteness... — read more 

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| 3080 views | | 15 replies (last September 16, 2019)
Post ID: @OP+1138syR0

The 'workman'

If they did not make fake report that eventually removed entire Sun Hardware Storage, would Oracle be better than today? We spent 3 to 5 years and k–led a great project with no real progress. We are not tech company any more. It is just STUPID. — read more 

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| 1600 views | | 5 replies (last September 22, 2019)
Post ID: @OP+1124Pt3D

Stagnant revenues

Oracle’s revenues are flat and missed the market consensus for q1. More importantly analysts have noticed that here is no growth here and earnings are driven by share buybacks. No enthusiasm for oracle in the market.

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| 1502 views | | 1 reply (September 12, 2019)
Post ID: @OP+110nA77Q

Where could reorgs start first?

I mean what parts of the company have the greatest chance of being a subject of a reorganization in the near future?

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| 2080 views | | 3 replies (last September 13, 2019)
Post ID: @OP+110Bzo28

Layoffs coming after OOO

There are layoffs coming after OOO. I know ODC will get hit. Which happens always after companies are acquired.

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| 3820 views | | 5 replies (last September 14, 2019)
Post ID: @OP+110DmpdO

Confirmed Rumors with Reorg warnings

I would like to call attention to a post on this site made about a month ago. It contained several rumors two of which have recently been confirmed. It lends credibility to potential reorgs coming in September and another around Easter. Just want... — read more 

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| 4912 views | | 4 replies (last September 13, 2019)
Post ID: @OP+110dK7m8

Mark Hurd Leave of Absence Email to the Leadership

Source below... To all my friends and colleagues at Oracle, Though we all worked hard together to close the first quarter, I've decided that I need to spend time focused on my health. At my request, the Board of Directors has granted me a... — read more 

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| 5620 views | | 9 replies (last September 16, 2019)
Post ID: @OP+10Z9kpSA

MH sacked just like John Bolton

Don’t kid yourselves otherwise. “You can’t fire me, because I quit”. Sacked. Shareholder lawsuit will rid the other two.

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| 2210 views | | 5 replies (last September 12, 2019)
Post ID: @OP+10ZgQqzd

MH on medical leave

and SC and LE in lawsuit. They could all be gone soon. Who will take over? Not TK.

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| 1900 views | | 1 reply (September 11, 2019)
Post ID: @OP+10ZKYigP

Mark Hurd Stepped Down

Mark Hurd Stepped down from CEO position with a reason of long medical leave of absence.

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| 3750 views | | 9 replies (last September 12, 2019)
Post ID: @OP+10Z4IosI

my sales director just accepted my linkedin request

i got fired at the end of FY19. i was in his sales org for 3 years lol. now i work at a company where ive had more facetime in two months with my upper management then i did during my time at oracle.

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| 1490 views | | 5 replies (last September 12, 2019)
Post ID: @OP+10ZBhAjC

SC should have been fired by now...

SC lied to Oracle's board and during the investigation related to the NetSuite acquisition she sells 5 million shares which is the largest sale she has ever had. she and LE F-OVER oracle's balance sheet by over inflating the purchase price of... — read more 

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| 2253 views | | 3 replies (last September 12, 2019)
Post ID: @OP+10V7XScy

No More Layoffs...everyone is leaving on their own

Too many people are leaving. MH and the old sh**y disposition of HR have done a great job creating instability everywhere. So people started leaving. Now we don't have to fire, other companies have been taking our people in droves. People are fed the... — read more 

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| 3460 views | | 11 replies (last September 11, 2019)
Post ID: @OP+10Ua8TRD

Good Advice

If it happens — As difficult as it might feel, layoff can be a great blessing. Go with courage and confidence, and explore other career opportunities. I left Oracle a few months back after working there for 15+ years ... even though I was hoping for... — read more 

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| 1900 views | | 5 replies (last September 12, 2019)
Post ID: @OP+10Thy8j3

Oracle's peak at $60 was short-lived....

Oracle's peak at $60 was short-lived. Kudos to the guy that cashed in at $60. With money running out for buybacks this year, the stock price will probably never be that high again.

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| 1230 views | | 5 replies (last September 13, 2019)
Post ID: @OP+10T7f0DK

Share buybacks still going on

https://www.sharesoutstandinghistory.com/orcl/ Buybacks continued to last quarter. We'll see what this quarter looks like in a bit.

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| 773 views | | 3 replies (last September 6, 2019)
Post ID: @OP+10TPBadS

How's the last quarter look?

So, another quarter has passed... Any major miracles occur? Are Oracle's cloud products all suddenly seamlessly integrated with one another? Have Oracle's customers suddenly decided that Oracle is a great company to work with and are buying like... — read more 

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| 1450 views | | 4 replies (last September 9, 2019)
Post ID: @OP+10Tlqb8F

Fun times ahead if you like train wrecks

I expect a rapid uptick in posts here over the next 3 weeks. Remember you are not Oracle. You have a bright future. The market is the best it's been in 20 years for tech jobs. A package is a blessing! Accept it with a smile if you get one.

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| 2230 views | | 4 replies (last September 4, 2019)
Post ID: @OP+10Q92KE2

Have not received the severance pay yet.

I was laid off on Aug 15th with along with other people from the Pillar's group., but I have not received the severance pay yet. I sent that signed agreement end of last week. Should be in their California office on Monday (Sept 2nd). Is there... — read more 

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| 1922 views | | 6 replies (last September 4, 2019)
Post ID: @OP+10Qz2YvH

Unofficial official layoff report 9/1/2019

No major layoffs this past week. Total since 6/1/2016 remains 24,850. Happy Labor Day to those in the US - yes ironic, isn’t it. With summer over time to renew efforts to find other jobs.

How to get a copy of employment contract?

Is there some internal site where i can get a copy of my employment contract. Been working for the company for a very long time so not sure what mine says regarding notice period.

Are we ever going to not fear for our jobs again?

This has been going on for far too long if you ask me. I’ve gotten to a point where I’m seriously thinking of taking a lesser paying job, just to get out of this mess. Does anyone feel the same way?

seeking alpha--Oracle 21% yield won´t last

Very few companies have gone on as an aggressive stock buyback program as Oracle (ORCL) during FY19. The company far outspent the free cash flow the tech giant generated in the period in a positive sign to shareholders completely buried by the... — read more 

Unofficial official layoff report 8-25-2019

No major layoffs this past week. Total since 6/1/2016 remains at 24,850. Keep looking the economy is still going strong. Don’t get stuck at oracle in a down turn! Good luck !

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