Topics regarding layoffs at Oracle Corp.

Topics regarding layoffs at Oracle Corp.

Firemen's Retirement System

Can anyone explain how / why the Firemen's retirement system is involved in this? As Frankel wrote in her article, the lawsuit, which was originally filed by the Firemen’s Retirement System of St. Louis, could be worth billions:

NetSuite

Would someone be able to explain why people are suing regarding NetSuite. Thanks!

NetSuite a gift that keeps on giving

https://www.reuters.com/article/otc-oracle/oracle-directors-shareholders-can-go-ahead-with-billion-dollar-derivative-suit-idUSKCN1V91UJ Oracle directors say shareholder lawsuit about alleged self dealing in NetSuite acquisition should proceed, but... — read more 

Aloha spirit and Cloud 2.0

Well LE and most ohana had aloha filled 75th celebration. LE gave big aloha to shareholders of banks that loaned MEE movie money. Not pono. Whoever runs engineering, whoever has CTO title, LE will stay rich. Unfinished projects proliferating... — read more 

Reorg coming in IDC, Cambridge & Belfast

Just heard at lunch that there's a big reorg coming, almost certainly with lots of redundancies. Take the free money and jump ship to something better :-)

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| 2010 views | | 1 reply (August 23, 2019)
Post ID: @OP+10CFcJZp

Unofficial official layoff report 8/18/2019

About 400 people laid off in the Pillar org this week. That brings the total since 6/1/2016 to 24,850. In other words, close to 25,000 experienced employees laid off in predominantly US and Western Europe and replaced by less expensive and less... — read more 

SEC Whistleblower Program

If anyone believes they have information related to Oracle's potential violations of securities laws you can submit your information to the Securities and Exchange Commissions Whistleblower Program. One common violation the SEC enforces is when a... — read more 

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| 1680 views | | 6 replies (last August 28, 2019)
Post ID: @OP+10ziePTP

Pillar org layoffs

A bunch of people belonging to the Pillar org just laid off via a short conference call by Mike Workman (including me). Don't know the scope. Today is my last day. It is sad for the Pillar org. I personally am not sad as this works out for my family... — read more 

Dyn Update

Dyn has been decimated from around 400 to 150. Office space has been collapsed in recent weeks from two floors in the building to one single floor and a skeleton crew. Everything that made Dyn a fun place to work (slide, multiple varieties of beer on... — read more 

Google rips a page out of the Oracle playbook

**Google Cloud has changed how it pays its salespeople, ripping a page out of the Oracle playbook ** ROSALIE CHAN AUGUST 14, 2019 This story requires our BI Prime membership. To read the full article, simply click here to claim your deal and... — read more 

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| 2321 views | | 1 reply (August 15, 2019)
Post ID: @OP+10yiHOHW

BMC & OCI PIP/layoffs

Are BMC and OCI, two different orgs? Do they have PIPs/layoffs. Also how is PIP different from layoff at oracle?

Unofficial official layoff report 8-11-2019

The lazy hazy days of summer are here, nothing crazy so far. No major layoffs this past week. Total since 6/1/2016 remains at 24,450. Enjoy the summer days and keep looking.

Possible Stock hit & Reorg in September

Rumor is some of the lawsuits filed in the past on cloud revenue have some strong evidence and good testimony. Only thing keeping the court cases on hold is the stock price. No one has suffered a loss in spite of the inflated numbers. Bad news... — read more 

Oracle's leadership doesn't know the cloud..

Business Insider: Here are 12 execs leading Oracle's cloud computing push. https://www.businessinsider.com/oracle-executives-power-players-cloud-2019-7 Oracle's leadership doesn't know the cloud," he told Business Insider. "The top leadership... — read more 

September and forward prospects

September brings board meeting so read proxy statement to see what official word os about severance, buybacks, staff readjustments. Melting away, you know. That N guy with the deleted poem was a trip. Advance birthday wishes to Gramps... — read more 

Gen 2 Cloud Live

There you go... https://www.datacenterdynamics.com/news/oracle-generation-2-cloud-go-live-australia/

Bonus

How do I know if I am going to get a bonus for the last FY? Is there anything online that I can check to see when and how much should I be expecting?

Oracle Cloud Performance Issues?

Anyone know about outages with managed cloud services? Have been hearing about customers notifying Oracle of problems with cloud and autonomous dbs, they bring in consultants who don't tell them anything and then get billed and told it's fixed

Monday Monthly "Meltaway" Madness

Rumor has it the new orders for the global multi-phase layoffs are to occur monthly now. This Monday August 5th is the next round. Below are snippits and links to the articles explaining the new marching orders. Hundreds are to be let go the first... — read more 

Sold ORCL at $60

Nice tidy profit so thanks to all you Oraclers for helping with the profit.

My Review of Oracle Cloud

I would like to share with you my thoughts on Oracle Cloud as someone who has worked for a partner/customer for many years. I just am so frustrated by using their cloud I need to vent somewhere! That being said, I know that my living at the moment... — read more 

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