Heard rumour about 100s being laid off yesterday in Oracle IDS & other teams. Is this true? Can we get more info on it?

And I say this assuming the numbers are not going to be good. We are trailing behind the competition on all the mayor markets and I think the leadership is slowly but surely runnin out of techniques to keep the stock stable artificially. When reality... — read more 

This is a hypothetical question, and I know that is hard to determine. Aside from that I would like some opinions on what numbers can we expect and what are the areas in which layoffs could occur the most?

Huge layoffs pending at Oracle - in the OCI group?

Hi All, Any info on Layoffs in India ? Anyone have clue on the Severance package offered in India ? Or how the process is done? Please let me know. Thanks.

Robert Cringely doesn't always get it right but he does get a lot of influential ears to listen to him, in the IT industry. No surprise here, and others have said something similar: He says only 3.5 cloud providers will survive: AWS, Azure, and... — read more 

Nemura downdrafts oracle for the share buybacks - $75 Bn since 2012, completely unsustainable for oracle to spend $10bn per quarter. Stock will go down as cash declines and debt goes up, while revenues and profits go to Hell in a hand basket. Oracle... — read more 

In a layoff situation where you are at a company that is not doing well, the usual rules no longer apply. In normal society, we don't think about having to eat one another to survive, we can all get along as long as there is a way for everyone to get... — read more 

I suspect this type of story happens over and over again at Oracle.... There are 3 people. The inciter - who I'm gonna call "pure evil". The incited - The victim - "pure evil" is looking for ways to get new projects and get them in the hands of... — read more 

Recently I had the chance to discuss a bit in more detail with a colleague who was laid off about a year ago and what she told me was very disturbing. We were both working in TK's org, but in different teams. A few months before her layoff, her team... — read more 

What will be the layoff process for impacted employees in HQ US? Will mgr let employee know or it is HR? How much notice ? Also, how to estimate severance package? Is this negotiable in some way?

Was there a significant decrease of layoffs at Oracle, or have the people just stopped posting about them? I remember when folks reported layoffs at specific locations on this board, but in the last couple of weeks all I see here is general talk and... — read more 

https://www.forbes.com/sites/angelauyeung/2019/03/05/a-rare-find-in-silicon-valley-a-new-woman-billionaire-in-tech/#3529ac52557b “You can recover from being stupid, but you can never recover from being a liar,” Catz said. “Integrity is a perishable... — read more 

No major layoffs this past week. Total since 6/1/2016 remains at 20,396. Would not be surprised by another layoff following this coming week’s earning report. Keep looking!

The oldest trick in the book, when you want an artificial raise of the stock, and the Oracle leadership is not shy of doing it on a big scale. Any way to find out the realistic value? I doubt it, but it would be certainly interesting to see.

https://www.theregister.co.uk/2019/03/08/oracle_uk_accounts_2018/ In reality there is no revenue boost, they just switched how they define their work. At some point Oracle is going to run out if accounting tricks and then the bottom will fall out.

Mar 15?

Any predictions for next week's earnings call on the 14th? Here is some advice from another post that you should keep in mind: Remember there have been big stock buybacks and they have auth to buy $12b more. This will make earnings per share look... — read more 

Architects protecting their turf, and not letting new tech adopted is another problem. Unfortunately, they are protected by management and VP from: @XXIORef-1agr Oracle is in deep doo-doo and the management never wakes up. A lot of the VPs don't know... — read more 

I just commented here on something a few hours ago and now the entire thread is gone. So much for "independent" discussion board. I guess the same goes for your privacy.

I get it, if the numbers are not so good then cuts are almost certain, but I tend to think that even good numbers on the earnings report don’t necessarily mean that any of us is safe. Think that they made their mind up regardless of the results... — read more 

I think every quarter it the same story. People keep saying that with the earnings report we will have a more clear picture of what the company is planning, but that never happens. Layoffs are always a possibility at Oracle, but will the time come... — read more 

It's "pseudo code", not "sudo code". It's not a linux command. Oracle "architect", can't expect much there, can you.

REDWOOD SHORES, Calif., March 6, 2019 /PRNewswire/ -- Oracle Corporation today announced that its third quarter fiscal year 2019 results will be released on Thursday, March 14th, after the close of the market. Oracle will host a conference call and... — read more 

A Rare Find In Silicon Valley: A New Woman Billionaire In Tech https://www.forbes.com/sites/angelauyeung/2019/03/05/a-rare-find-in-silicon-valley-a-new-woman-billionaire-in-tech/

This is the company ( https://preferredstrategies.com/ ) that has one of the most informative pages about Oracle.

I, for one, are hoping for large layoffs. There is so much dead wood at Oracle that needs to be pruned. The longer the dead wood hangs on, the worse things are to have to work around them. I think Oracle could revive if it could get rid of the people... — read more 

Rumors abound - seems like those who are not primarily technical / hands on will be most likely to be sent to the abattoir

RIFs are coming, that is all.

Here's a lesson in deception that everyone can learn from. Let me start by telling a story from maybe 25 years ago, which is a much simplified version of this scheme. I used to work for a defense contractor doing aircraft routing. We had a group of... — read more 

After a decade here, I was transferred laterally into a new department. I did not ask for this; I was nominated, and notified after the fact without any say in the situation. The person who suggested I be the one who got moved was my former manager... — read more 

“Today, the U.S. Supreme Court issued a unanimous decision of national significance in copyright law, reversing earlier decisions by lower courts and ruling that Oracle must return $12.8 million in non-taxable expenses (plus interest) that Rimini... — read more 

https://www.bloomberg.com/news/articles/2019-02-26/buffett-joins-crowd-struggling-to-assess-opaque-oracle Buffett may understand a little more than he let on. He cited the success of the two market leaders in cloud computing, Amazon.com Inc. and... — read more 

Andy Jassy said it takes work to move off Oracle and a lot of companies are doing it. Also talked about how they cut prices. https://www.cnbc.com/2019/02/28/aws-ceo-andy-jassy-its-really-easy-to-lower-prices.html Is LE still talking?

RUN.

It's ridiculous. They layoff employees, hire overseas to cut costs.... and all the time the guys at the top take more and more money for themselves. Why does Oracle need two CEOs? and on top of that I'm sure LE makes a bundle. It's really like there... — read more 

https://amp.businessinsider.com/oracle-google-supreme-court-java-android-2019-2 Oracle is suit happy. How about earning revenue from your products instead of lawsuits?

So I hear T–d’s class of program is doing worse than ever - now there’s a surprise! What could possibly go wrong when you replace seasons sales reps with a bunch of kids fresh out of college who on average stay with oracle for some 6 months or so!... — read more 

What else can you talk about with all these all hands meeting. Unless you are telling us the exact date on when exactly we see a pay raise or a bonus on our paychecks, all your hands on meeting is MUTE at this point!

After Warren Buffett has sold Berkshire's stake in Oracle, the Oracle stock price keeps raising. The price might cross the max very soon.