Topics regarding layoffs at Oracle Corp.

Topics regarding layoffs at Oracle Corp.

Heads up

For all of you interested in signing up for the oracle minimum wage troll program, look out for the sign up in the next few days. We’ll be posting he link for you. The job is to disagree with and troll posts that say reasonable things about oracle... — read more 

Oracle Global Services

Ok. So what’s the deal with OGS. New legal entity/owe, new Amex cards, what else? How many people are being moved over, by geo? What’s the purpose of setting it up on the first place? Let’s consolidate everything we known on this thread

Bad news - JP Morgan CIO SURVEY

According to JPMC survey of 122 CIOs responsible for $82 Bn in annual tech spend, they will spend more on MSFT and AWS, will spend less on IBM and Oracle. Foot time to sell oracle stock!

Autonomous Database Dedicated

https://venturebeat.com/2019/06/26/oracle-launches-autonomous-database-dedicated-for-enterprise-customers/ So dedicated Exadata in Oracle's cloud center, which is rented somewhere? Will security agencies etc really go for this as opposed to on... — read more 

by
| 950 views | | 1 reply (June 28, 2019)
Post ID: @OP+ZMQoh5q

Stock buybacks can't bail us out forever

I suspect there will be more layoffs in the coming year than in the last year. Oracle can't buy back stock at the same rate as last year..... so something has to happen to make revenue goals. There have to be layoffs coming up, and I think they will... — read more 

Support - anyone else has all hands tomorrow?

My group has one scheduled for 10am tomorrow, worried. So I want to so want to know if that’s just another regular all hands or layoffs. Any other teams have hear anything on support?

RIF in CGBU Bedford

Confirmed 6 laid off today. New hires just came on board within the last month. So they are hiring and firing at the same time. Direct managers did not know until yesterday afternoon that they were laying off in the morning and who was being laid... — read more 

Looks like investors are finally starting to wise up

https://seekingalpha.com/article/4271998-oracles-stock-may-fall-amid-weak-results Oracle's (ORCL) results do not appear to be as stellar as the stock's sharp rise last week would suggest. When digging deeper into the financials, one can easily see... — read more 

RIP Dyn

https://www.unionleader.com/news/business/oracle-dyn-axes-dozens-of-jobs-in-manchester-millyard/article_9970c8e2-09bd-5d27-8d19-40603b1cd9a1.html

No further action of CDC?

It's long time our team at CDC has no tasks, my daily routine is just spending 5 minutes to check email. I do not think Oracle will feed us forever.

Oracle stock price

Based on positive results and more than expected the stock price of ORCL has spiked.. Do you think it will reach 60$ soon or will go down in few weeks ?

10 a.m. conference call - Oracle + Dyn redundancies

On November 21, 2016, Oracle announced it had signed an agreement to acquire Dyn. “Dyn’s immensely scalable and global DNS is a critical core component and a natural extension to our cloud computing platform,” stated Thomas Kurian, President of... — read more 

Oracle is a marketing company

https://seekingalpha.com/article/4271700-oracle-marketing-company?source=2800:read_now&dr=1 Oracle is not a company good at creating innovative tech, but it is a genius at marketing mundane tech to enterprises.

more cost cutting

People in Sweden used to have a private healthcare provided by ORACLE. It looks like that is no longer the case and they have changed it, effective immediately for everyone so that people need to pay to visit the doctor through the insurance... — read more 

Unofficial official layoff report 6-23/2019

No major layoffs this past week. Total since 6/1-2106 remains at 24,186. Quite clear from various announcements that layoffs will continue in dribs and drabs and many existing units will be allowed to “melt” away. Keep looking for opportunities... — read more 

ORCL HW revenue for FYs

Year Rev Cost Profit (m) 2019 3704 - 1360 = $2344 2018 3994 - 1576 = $2418 2017 4152 - 1653 = $2499 2016 4668 - 2064 = $2604 2015 5205 - 2287 = $2918 2014 5372 - 2357 = $3015 2013 5346 - 2391 = $2955 2012 6302 - 2889 = $3413 2011 6944 - 3316 = $3628... — read more 

ORCL HW total revenue

ORCL HW total revenue (m) 2019 $994 2018 $1115 2017 $1114 2016 $1283 2015 $1407 2014 $1466 2013 $1431 2012 $1577 2011 $1830 2010 $1831

Oci and Recent results

How much is oci’s share in recent results? Couple of managers from oci reached to me saying ‘really good time to join oci and its going to get exciting in coming days’. Not sure if they are just baits but wanted to know, Is oci really contributing to... — read more 

O LinkedIn campaign?

Is Oracle conducting a PR campaign in Linkedin? What are you folks seeing? That would almost be funny

by
| 1001 views | | 1 reply (June 22, 2019)
Post ID: @OP+ZFYRqlg

S.C. and Romania

So where does Romania stand with regard to SC these days? It was such a love affair a few years back. Is the bloom off the rose, the lipstick off the pig, or do the people of Romania still love her?

by
| 1080 views | | 1 reply (June 21, 2019)
Post ID: @OP+ZFAqeGV

Getting paid for buying back shares

It should now be clear to everybody that since oracle is not experiencing any growth and the increase in EPS are due to share buybacks using oracle cash, what the 3 stooges are really getting paid for is using oracle cash to buy back oracle shares... — read more 

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