Topics regarding layoffs at Oracle Corp.

Topics regarding layoffs at Oracle Corp.

Oracle gender pay lawsuit

Bloomberg: Oracle women fight for class action status in gender pay lawsuit. Check it out

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Post ID: @OP+ZFzp8tf

Raises anyone?

What's up with raises at Oracle? Industry estimates state that 3% should be the average raise for good workers, and 2.5% for average workers. But not at Oracle. Oracle delayed their employee raises for a FULL YEAR. Rather than their 3 to 6 month... — read more 

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| 9480 views | | 12 replies (last September 18, 2020)
Post ID: @OP+ZFNa9DY

O market cap going nowhere

Forget about the share price, it’s a function of share buybacks; look at the total Market Capitalization - which tells the true story and which is going nowhere. O Market cap was $171 Bn June 2014; now it’s $206 Bn, up 20% over 5 yrs - lame compared... — read more 

They have fooled the market for now

No immediate layoffs. They already occurred to make the numbers look OK this quarter. Oracle still has a lot to do to make it: Oracle's customer's hate Oracle Oracle's employees hate Oracle Lots of defections to Google indicate those higher up know... — read more 

Kudos to our teams!

I'd like to give a toast to success! Thank you to each of you whose effort and hard work contributed to our tremendous continuous success - with revenue coming in at $11.13 billion (versus $10.95 expected by Wall Street we have, yet again... — read more 

Cloud ARR?

Was there any mention of the cloud ARR on the call? This is the only number that matters for the future of oracle. Was I asleep or did the 3 stooges just happily skip past it?

Did SC really say that?

Let me see, in the last 12 months oracle bought back 734 million shares worth $36 billion - is that right? That’s a staggering amount of money to waste on oracle stock! Desperate!?

25k Bonus for Solution Engineer??

Hi, How much is the average bonus per year for Oracle Cloud Solution Engineers? I know the base salary is $60k. Thanks in advance.

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| 2030 views | | 6 replies (last June 30, 2020)
Post ID: @OP+ZEwplUK

Sounds like the end of the road for SUNW

"Sales of Oracle’s servers declined 11% in the period. Catz said the company has chosen to “downsize our low-margin legacy hardware business,” which Oracle acquired when it bought Sun Microsystems." Very sad to see a wonderful company the victim of... — read more 

5k new autonomous DB trials in Q4

I almost fell out of my seat when I heard that! I would love to know how many of those trials are real. My BDC use to sign up anyone with a pulse including college interns and people that had absolutely no decision making power to influence any type... — read more 

Did MH just say...

did he just say that Support shrunk 25% and netsuite grew 27% ? Is that a dollar value offset and what impact does support shrinking 25% have? Did he mean that?

Food for thought

Let's put aside our differences in opinions for a moment. I know there are those of you laid-off here and are unreachable. Most of the posts/predictions here are decidedly garbage. This message is for those who are on both sides of the fence. Oracle... — read more 

Oracle stock is going to be just fine...

Still holding mine since 2010... Buybacks, a decent dividend, and tons of engrained relationships with Fortune 500 companies means there's no way this stock is going to drop 20% in the forseeable future. Think Wall Street will like the partnership... — read more 

Israel Layoffs

Ravello / Israel - small cuts: US tech giant Oracle is laying off dozens of Ravello employees in Israel, sources have told "Globes." Ravello's development center in Israel has 70-80 employees, more than half of whom have been summoned to pre-layoff... — read more 

Downgraded before earnings call

Ouch! It’s a rare feat for a company to get down carded the day of the earnings call, but oracle managed to pull it off. Impressive!

Promotions and New Hires

It makes me laugh how negative some of you guys are on here. All I can say is that in the UK and EMEA there have been plenty of new hires and promotions in the Consulting Sales org and the Retail and Hospitality GBUs. I really don't see the doom and... — read more 

Oracle to lay off dozens in Israel

https://en.globes.co.il/en/article-oracle-to-lay-off-over-half-ravello-employees-in-israel-1001290055

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Post ID: @OP+ZC08iMt

Layoffs at Oracle Ravello

Oracle acquired Ravello in 2016. The company provided a VMware to public cloud migration solution. They have been part of OCI since working on VM stuff and migration. About half the people (40-50) have been given notice.

Raises

IC4, OCI, Seattle 8.5% Salary 10,000 RSU How did you all do this summer?

Incompetent Middle Management - Could be next targets ?

Oracle had recent restructuring with VP and Low level positions. So why Its still incompetent? Oracle requires a heavy restructuring in its Middle Management layer with Senior Directors, Directors , Senior Managers, CMTS positions. Most incompetent &... — read more 

Oci Bayarea

How is Oci Bayarea compared to Seattle?

The two highest paid CEO’s didn’t make the “Top 30”

https://www.barrons.com/articles/mark-zuckerberg-jamie-dimon-and-other-best-ceos-in-the-world-51560565041?mod=past_editions Jeff Bezos, Larry Page, Satya Nadella, etc. No SC or MH even they’re each paid more than all of the others on the list.

Comp plan this year

Can any one tell me what is the average pay increase, bonus and Rsus this year for oci engineers.

Oracle revokes offers in the UK

According to Business Insider: Oracle has revoked offers for some people in the U.K., blaiming a hiring freeze. Way to go to get good publicity and great general goodwill. You guys still think oracle is doing great?

Another round of massive lay offs in September?

Today in the cafeteria some group of people were discussing the possibility of massive layoffs in the month of September in the dynamic org that is most discussed in this site. Actually that's the only topic most of the people are talking about these... — read more 

LE coming back to save the Cloud

When Thomas Kurian, a high-profile former Oracle executive, left the software company last September, his peers at the database software company expected Oracle to replace him. But Larry Ellison, Oracle’s co-founder and chief technology officer, had... — read more 

What is this with Demotions at O R C L ?

Never heard in my entire life some one getting demoted at Ora. That too at Sr VP levels. Is it an indirect way of telling, "Bro, I don't like you and I don't want to throw money giving severance. Please do a favor for yourself?" I feel very sad for... — read more 

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