https://www.sharesoutstandinghistory.com/orcl/ 3/15/2018 4.08B 6/15/2018 3.98B -- 100 million shares 9/13/2018 3.79B -- 200 million shares 12/14/2018 3.59B -- 200 million shares 3/13/2019 3.42B -- 170 million shares Don't know what the actual value... — read more
Oracle +2.5% on analyst optimism after conference
Cowen's J. Derrick Wood cites enthusiasm from ORCL partners NetSuite and Fusion ERP as evidence of Oracle's continuing strong growth. Wood notes "incremental positive commentary" on Autonomous Database products
It's too late...
the issue is Oracle is too late in the game .. where as AWS has already bagged the 1st position. I know loads of customers using AWS, and moving away from the Damn Oracle DB to use AWS managed DBs liek Aurora etc. AWS Engineers already have the... — read more
Oracle OMC
Our VP was asked to do the layoff and he had dignity, he resigned. I would work for him again any day. OMC is the best monitoring platform for enterprise. Just need to point at your WLS servers, and we can provide complete monitoring. Competition... — read more
Oracle CDC
CDC is going to be shutdown completely. This is not rumor and not news either. Corporate decision.
Interesting comments
There are a lot of people that are upset at the prospect of being let go and that's understandable. But the reality is that no company is loyal to their employees and no employees are loyal to a company. The company is going to look for people to... — read more
2 senior advanced marketing operations managers
2 senior advanced marketing operations managers were laid off last week. They belonged to Oracle's Demand Center. The worst thing is that their managers weren't aware of this situation until this 2 people got the notification from HR. One of them was... — read more
As you move on from Oracle
Not easy to start a job search... Especially if you've been at a position for 10+ years. I left the company over a year ago, but I keep tabs on this company because I've got a lot of friends that still work here. When building your resume, you need... — read more
The best thing to do is ...
I think one should do following to be safe and peaceful: Brush up interview skills Upgrade skills - learn new tech, discuss in a group, knowledge share Explore options for side hustle e.g mobile apps, web services startup, coffee shop.. Good... — read more
Sixty days notice vs. one day noticen / WARN act
Some people received 60 days notice - I assume due to the WARN act. Some people received 1 days notice - I assume because they work at a "site" with fewer layoffs than where the WARN act applies. If an employee's group (including their manager) work... — read more
Lay-off numbers
Between 2500-5000 worldwide with two more rounds to go. Buckle up kids.
Seattle office layoffs?
Did people in OCI Seattle get let go? What is going to happen to interviews happening in that team?
Will the layoffs happen on Monday?
Will the layoffs happen on Monday? Or, are they done? Fingers crossed.
Any news on the GBU's?
I still have former co-workers that work(ed) in the GBU's: HGBU, TUGBU, FSGBU. Have they been impacted in this latest layoff round? I was RIF'ed, but enjoyed my time at big O because of the people that I worked WITH; our teams were a family until... — read more
Oracle Swings the Layoff Axe and Clear-cuts Teams of Engineers
Oracle takes a page out of IBM’s playbook this week, with unannounced layoffs, rationalized by a restructuring to the cloud, and little acknowledgement that they are happening By Tekla S. Perry Yesterday (Thursday March 21 2019), Oracle swung the... — read more
OCI-C Layoffs Mainly?
The layoffs that happened in the past 15 to 20 days, Are they mainly related to OCI-C org and it's products?
Oracle is broken..
Spent 25+ years with Oracle, 3 stints as an employee. Company is broken, dual CEO model doesn’t work. Then you’ve got pockets of power who make poor decisions. Too much focus on protecting support revenue too, with c-ap products being released in a... — read more
Oracle killed their greatest cloud product in 2010
When Oracle bought Sun they were staring right at the future: Sun Cloud. Yet they killed it there and then but if they had've funded it then Oracle would now be the biggest company in the world and Larry the richest. Scott McNealy was a visionary who... — read more
Backup everything just in case...
I don't work at Oracle but this is a general advice, I would recommend everyone to back up everything they think are useful for their next job just in case. Source code, scripts ...etc. If you use company's laptop or phone then remove all personal... — read more
Poll: Would you buy an Oracle cloud solution (any of them)
Use Arrows to upvote or downvote. Question: If you were to own and fund a company, would you buy ANY Oracle oracle product. Arrow Up = YES, Arrow Down = NO
10% Laid Off?
So are we saying 14,000 people out of the 140,000 global? Is that enough to convince the market that we are a cloud company? We keep hearing that if you are not aligned with the core mission of Cloud, Autonomous DB, and SaaS then you are at risk... — read more
DJ's Email to OCI Org
There you go: Team, I wanted to share with you context for the organizational restructuring happening today. Over the past several years we've seen progressive change as Oracle has evolved into a cloud services company at its core. This is a giant... — read more
Broomfield Legacy Tape?
Oracle/STK tape development has been coming to a grinding halt. Did this legacy group survive this go-around?
Large layoffs in startup ecosystem
Startups have rejected oracle cloud and moving to amazon and Microsoft
Trade Act Programs
US workers let go should contact their state employment department and get signed up for the Trade Act Benefits. Oracle is 'registered' so I was able to qualify and can take advantage of the benefits... — read more
H1bs be warned
H1bs be careful ..you'll be the first to be axed in a short notice, no matter how much you kiss your managers rear end. all they do is ask you to leave suddenly..you'll get 60 days to find a new job..severance is 1 month pay for 1 year of your... — read more
10% of Oracle's workforce to be cut in 3 phases - 5k in this round
Total target is 10% of global headcount. This is being done in 3 phases...Around 5000 in first phase globally , Second Phase in June. and Third one in September. Found this info on another thread, @YcAPXFu-ulz . Can someone confirm this?
What are the aobvious signs that the Oracle HR is calling you for layoff ?
What are the obvious signs that the Oracle HR is calling you for layoff ? Do they directly call you while you are working? Or ask you manager to do the job ? Do they allow any backup ?
What about EMEA?
Will there be rifs in emea in the coming months?
h1bs laid off in OCI?
The cuts to OCI-C, HW, and some other orgs that were being de-prioritized made sense. Within OCI I'm wondering if any positions were let go because Oracle needs more US citizens
OMC - APM layoffs ?
APM : Application Performance Monitoring OMC : Oracle Management Cloud. Is Apm generating decent revenue in OMC and how is it doing? Have you heard of any layoffs in APM ? I know ,It's very specific question. But some might have info on this Heard... — read more
Is anybody laid off in Oracle Commerce?
Is anybody laid off in Oracle Commerce, IDC or Cambridge or Belfast ?
Any layoffs in Oracle IDC Hyderabad ?
How many people are laid off in Oracle IDC Hyderabad?
final severance pay out
is the final severance pay out also taxable?
Total Number stand at 500 globally
It’s not a huge number considering the size of company. It seems like total number stands @ 500. US:100; India:200; China:50 Others: 150
guys, stopping chatting, move on.
To whom have been axed, Oracle is our memory. To whom have not been axed, either make yourself visible for your M6+ at right time, or move on.
Who is next on the chopping block?
So, What now? I doubt they will stop at this number of layoffs. Any whey to figure out who will they be going after next?
Rearraning deck chairs on the SS Cloud
Layoff were handled poorly. You have to remember this Oracle, where you still have to use beehive for mail and calendar. Because Larry is a tool, you have to use all Oracle c-ap, never best of breed. This leads to a bigger divide between market and... — read more
What seems to be the main criteria for layoffs?
Of course it’s not performance, that never was a thing that could save your job at Oracle. So ist there any indication what parameters are they using when deciding who to cut? Is it age, personal earnings, specific types of workers or is it something... — read more