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
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
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
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
got laid off twice (first time from oracle) - this is my experience
since i got laid off twice , you can probably tell that I am the kind who doesn't jump on new opportunities and the kind that get attached to their work - so if you are at oracle and settling for no raises / no career path / getting paid below market... — read more
Oracle Morrisville, NC Office
How is it to work at Oracle Morrisville, NC Office? How's the culture? Are they laying off?
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.
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?
Layoffs coming after OOO
There are layoffs coming after OOO. I know ODC will get hit. Which happens always after companies are acquired.
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
Anyone in Cloud Sales outside of Oracle?
How do you like it? Pros / Cons? Any input is appreciated.
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
Who will lead sales org?
Who takes over the sales org after T–d? Surely not SC
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.
MH on medical leave
and SC and LE in lawsuit. They could all be gone soon. Who will take over? Not TK.
Mark Hurd Stepped Down
Mark Hurd Stepped down from CEO position with a reason of long medical leave of absence.
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.
Unofficial official layoff report 9/9/2019
No T.I. has not quit! No major layoffs last week. Total since 6/1-2016 remains at 24,850. Keep looking, there are good jobs out there!
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
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
3 things to do after a RIF (and 2 things to do before one)
3 things to do after a RIF Mail back your signed severance agreement using USPS certified delivery. This will confirm HR's receipt of your documents and ensure you receive your severance. Normal severance is 4 weeks salary for first year + 1... — read more
Oracle stock up 20% year to date, here is why!
Massive stock repurchases
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
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.
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.
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
Thousands of layoffs coming in the next few weeks
Confirmed by several different sources
Where could Oracle start the cuts next?
In other words, what parts of the company are in most danger of cuts?
What keeps you
To everyone here, What keeps you in Oracle?
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.
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
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?
Any rumors on layoffs scheduled for this or next week?
Any word on what locations and what kind of employees could be hit?
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
How to win friends and influence people
https://techcrunch.com/2019/08/26/oracle-files-new-appeal-over-pentagons-10b-jedi-cloud-contract-rfp-process/
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 !