And I don't mean the 3 stooges. There a lot of negative comments throughout this forum regarding the 3 stooges and I do not disagree with any of them. But in a "normal" corporate structure it's the Board of Directors that is ultimately responsible... — read more
How the mighty fall
So is Oracle in stage 4: grasping for salvation (wasting money on the Seattle group) or stage 5: capitulation to irrelevance or death?
May 28th: Report: Hundreds of engineers laid off at Oracle amid cloud infighting
Taken from: https://www.bizjournals.com/sanjose/news/2019/05/28/oracle-cloud-layoffs-orcl-amzn-msft.html since it is a paywall of some sort. Oracle Corp. has spent months quietly cutting jobs across the U.S., with some employees worrying that as much... — read more
Stock price is falling, why?
https://finance.yahoo.com/quote/ORCL?p=ORCL
No future here
Oracle as represented by the two CEOs and grandpa LE, has no plant to survive, on the contrary the company is being liquidated. Look at the $72 BILLION they have spend on share buybacks! All the experienced people they’re laying off and replacing... — read more
Tekelec/Oracle
Executives at U.S. telecom hardware maker Tekelec Inc. told Obama administration officials that a Brazilian customer had been approached by Huawei with an unusual offer: get free Huawei equipment in exchange for turning over Tekelec gear. People... — read more
There's little mention of the marketing/creative folks who Oracle cut loose in March
This is a lovely post that highlights the human cost of layoffs. It's nice to see a team supporting each other during challenging times (this also begs the question, why lay off creatives?):... — read more
For all the doomsday commenter, can you explain all the OCI Win Wire instances
If you are not riffed, and you are in OCI you should be getting the OCI Win Wire emails with instances of how OCI is bit by bit taking market and gathering users. Can you explain those in your next post? :-)
How does Oracle plan to survive while it’s stagnating?
You don’t have to be a rocket scientist to figure out that, in today’s economy, growth is the only indication that the company business is healthy and that it is in no danger of collapsing. I haven't seen any grot at oracle for a fair amount of time... — read more
Oracle Global Services Limited
Oracle Global Services Limited has been registered in the UK. In practice Oracle Scotland Limited has been renamed on the 20th of March 2019. See information here https://beta.companieshouse.gov.uk/company/SC246876 Interesting note from the latest... — read more
Oracle fails in execution and under investment
You can always think about what the most awesome cloud that you could build, but that isn't where Oracle fails. Oracle fails in execution and under investment. They will never catch up until they put their money where their mouth is and invest for... — read more
Class Action Lawsuit Update - Must Read
for all of you trying to figure out why Oracle is laying off so many people you might want to read the most recent updated Complaint regarding Oracle's Cloud Business. To access the March 8, 2019 Complaint go to www.blbglaw.com and select "current... — read more
Is Oracle really that bad?
I personally don't think so. Yes, we don't have job security. But very few people in our industry do. Other than that, I have no major complaints about my job. Meanwhile, I know of a few people who left and are not too happy where they landed now... — read more
Stack ranking is a failed concept
If they are doing secret stack ranking, yet everyone believes it is a merit system, then how the heck does that allow you to properly evaluate your progress, worth and career? As Admiral Ackbar said “It’s a trap!”. It’s disingenuous. It’s a... — read more
When is bonus payout for development this year?
which month is bonus payout for this year for development?
Larry’s ego
Is oci just built on Larry’s and DJ’s ego? TK might be right but he was managed out
Cost cutting is not a strategy
The only thing the two so called CEOs and tired old grandpa Larry preoccupied with his young girlfriend seem able to do is cut costs by laying off people and replacing them with less experienced and expensive ones to maintain EPS and buy back massive... — read more
Should I stay or should I go
Not sure if I should stay at the company and risk a RIF or leave. Any advice anyone can proffer?
Unofficial official layoff report 5/27/2919
No major layoffs this past week. Total since 6/1/2016 remains at 23,686. This is the last week of the FY - anything could happen. Best of luck to everybody!
Is it worth it?
How doe other people feel about this whole situation of uncertainty? I gotta say I;m fed up with it, and I’m closer to the thought that hanging around isn’t worth it. It could be better and it could be worse if I leave, but at least at other... — read more
Advice for a new hire
What advice would you give me as a new hire? I will be in Sales. Thanks you.
The layoffs have become a regular thing at Oracle, but they manage those too in order to stay out of the press
I literally had 95% 5's on all my performance reviews and didn't see raises. That's because performance reviews were for show and didn't correlate to anything meaningful. Stack ranking was held behind closed doors and wasn't mentioned to employees --... — read more
Does Oracle offer incentives to stay?
Ever? Like trying to match new pay of an employee who is quitting or something like that? A friend recently wanted to leave a startup he's been with for two years for a job at a more established company, and they bent over backwards to keep him - and... — read more
Is Oracle a good company to work for
I will graduate from college next week, and I am engineer student, is Oracle a good company where I will have a future?
Gen2 is not = OCI ?
From my understanding .. Gen2 is a new strategy but not equivalent to OCI. Can anyone explain what is Gen2 ? I thought it is something related to on-premise business.
When can we expect layoffs to stop?
I know they will never stop, and judging by everything this summer will be very unpleasant for all of us, bt at what point do they plan to reach the numbers planned for the cuts and stop with the mass restructuring and layoffs. Is there a timeframe... — read more
Oracle 3.0
Are, Cloud 3.0 rumors real? What’s the strategy on this one? Again mimic someone else?
Has Oracle given up?
To be honest, I’ve never seen a more depressed atmosphere at the company. Layoffs are present. On top of that,I don’t even see our leadership in the media, bragging as they used to do , how were the leaders in every market segment. Has Oracle just... — read more
Anyone from startup acquisition got laid off?
I heard Oracle is kicking out all employees who came through acquisitions. The round of lay off started and will resume in the next few weeks.
The Highest Paid CEOs of 2018 -- no surprise, two of The Stooges are right near the top!
https://www.nytimes.com/interactive/2019/business/highest-paid-ceos-2018.html Oracle has not just one, but two of the highest paid CEOs on the above list ^^^^^. And for those gargantuan paydays, what kind of returns are the Two Stooges producing? A... — read more
As Oracle's growth stagnates, insiders say that its all-important cloud business has suffered layoffs, infighting, and confusion
Summary Employees tell us that Oracle has been quietly laying off thousands of people all spring and that they fear there's more to come. A Wall Street analyst said that Oracle's growth had been paltry at best and that it seemed to be losing market... — read more
Heads up : stock plan gone before final layoff date
Last day as per the notification is 31 May for my group , today we realised that the unversed stock units are gone from our accounts . There was an initiative for us to be moved to a different org now looks pointless.
It appears that Oracle's largest global layoff cycle ever is set to begin June 1 2019
Oracle is changing its corporate structure globally this June. This is unprecedented, as Oracle has not made such a large structural change to its legal corporate entities in decades. Oracle HR is preparing for some massive corporate restructuring... — read more
Why would anyone think they "should have" been promoted?
Why would anyone think they "should have" been promoted? There's no logic at Oracle that moves you up the ladder in management. They can hire anyone they want and employees don't have rights to any job promotion. It's just how they do things and it's... — read more
Why?
Why is Oracle laying off some of its most experienced employees and then hiring outside people to fill positions they could have (and should have) been promoted to? No money is saved that way. The new person still gets the high pay that could have... — read more
Oci is orchestra playing on Titanic
Where does LE’s next big investment goes after oci’s failure
How the Market views Oracle...
The market looks at employees, especially in sales as a cost. So does the two CEOs of Oracle. A cost... to be reconciled. The company spent 1.98 billion trying to sell their products during the last quarter, with the result yielding a gross income of... — read more
OCI Status in the Market
OCI uptake is not healthy and is only happening at a tiny fraction of projections. This is putting MASSIVE pressure on Dee Jay and his management team to deliver. It is. It happening and thus the layoffs are happening as a result. Plenty of people in... — read more
Oracle laying off employees from parts that need growth
How do they expect us to tackle the market in segments where we are behind the competition, and where we can use every creative and knowledgeable “head”. Have they made peace that we won’t gro in those segments and are we just now in a process of... — read more
3 years in Oracle - no catch up with my manager over 5 months!
Yes I'm searching for a job, it's not that easy. I just wanted to shout somewhere so someone maybe will listen or will share their experience My managers ignoring my team, we never have a catch up! absolutely ridiculous, I've never worked with such... — read more