How long has it been without any more layoffs? The year certainly started well. Is it too early to start to think that job security might once again be a thing at Oracle?
Unofficial official layoff report 2/24/2019
No major layoffs this past week. Total since 6/1/2016 remains at 20,396. Keep looking folks while the economy is still going strong or you’ll get locked in at oracle.
Another suit?
https://www.theregister.co.uk/AMP/2019/02/21/biz_sues_oracle/ They keep pulling this nonsense and more clients will pull out. You promise and don't deliver?
Pay cuts rather than layoffs?
I don't know if the rumor is true, but it does make sense to do paycuts rather than layoffs. Cheaper for Oracle and gives the employees room to think about whether they want to continue to work there without being suddenly laid off. On the other... — read more
Not layoffs exactly it's the PC word... Pay Cuts!
Funny that someone posted a request for a pay hike that went all the way up to LE, cause the plan is the opposite. Rumor has it the executive team is looking for "growth" they cant seem to find it. Wall street likes growth. Oracle has only 3 Hopeful... — read more
Unofficial official layoff report 2/17/2019
No major layoffs reported this past week. Total since 6-1-2016 remains 20,396. Likelihood of layoffs after the earnings call looks ominous. Keep looking while they economy is still going strong!
WB invested only for a single quarter!
The company had a position in Oracle for a single quarter. From: https://www.cnbc.com/2019/02/14/oracle-stock-falls-after-berkshire-dissolves-its-stake.html
You can see the shares outstanding history for Oracle here
https://www.sharesoutstandinghistory.com/orcl/ Looks like they've been reducing since 2012 or so. But the downward curve is steeper in the last year.
How was this quarter?
We are coming up again on the end of the quarter. How were sales this quarter? Was there a massive recovery? Have customers started to flock to Oracle in droves to buy into the Oracle cloud? Or was WB right to get out?
Oracle Board Authorized Buyback up to an Added $12b
O yea peons, now you know where your raises went.
Berkshire dumps all of ORCL less than a year of holding it
This is all that you need to know about this company.
Oracle getting sued again?
https://www.theregister.co.uk/AMP/2019/02/13/oracle_cloud_sales/
Unofficial official layoff report 2/10/2019
No major layoffs this past week. Total since 6/1/2016 remains at 20,396. Do not get lulled into believing that there are not more layoffs coming, there are.
OOW in Dubai and next in Singapore
What is the plan of doing OOW all over the world ? Is it loosing it’s value, popularity and participation from the customers and the partners?
LE is 75 years old this year
5 years away from 80...
Oracle investors are just plain stupid
How can anybody be so dumb that they still own oracle stock? Mind boggling! Oracle cloud offerings s---, customers hate oracle, cloud revenues are pure fiction, and management, especially the 3 stooges, are grotesquely overpaid baboons. If you have... — read more
Town Hall Meetings
I have observed that there have been a number of town hall meetings lately for different teams. Usually these are few and infrequent. Is this a new drive for more openness or a broad effort across the organisation to get them in before re-org so that... — read more
Oracle fires 5% of the Data Cloud division
See https://www.bloomberg.com/news/articles/2019-02-06/oracle-didn-t-see-the-data-reckoning-coming
Oracle layoff package UK?
Hi all, I've been hearing that the UK has a decent package etc, but does anyone know how much is it etc? Also, do you guys know what happens to a consultant that at some point decides that can't travel anymore (and there are no other positions... — read more
Layoffs?
Anyone hearing when the next round is coming? What orgs and areas?
Morally what Oracle does is very questionable
Morally what Oracle does is very questionable. As an employee - if you honestly give your all to Oracle - work hard and to the best of your ability - put in your 8-10 hours a day - take weekend and out of hours calls with good grace - keep yourself... — read more
Instead of layoff announce voluntary retirement
voluntary retirement would be the best option for the employees above 10 years of experience in oracle who no longer willing to work and waiting for the company to layoff them.
Will OCI-C QA org still be lay-off ?
Anyone could update on it ?i see their org boss has been changed
I haven't gotten a raise for over 7 years
I'm not a VP of anything and I haven't gotten a raise for over 7 years. Nothing no bonus, no raise but I did get 2 "promotions" with no salary increase. I'm at the mid-point of the fake salary ranges and the explanation is that I'm being compensated... — read more
Unofficial official layoff report 2/3/2019
No major layoffs reported this week. Total since 6/1/2016 remains at 20,396. Keep looking my friends!
What is really happening in Oracle?
Should I stay or look outside?
Underpaid
Just wanted to support DOL's allegation that people on visas get underpaid. I am being underpaid almost 10% than the market standard. and 8% below the prevailing wage set by DOL. I have been underpaid for the last two years.
Focus on Java m
https://www.forbes.com/sites/danwoods/2019/01/31/oracles-newest-audit-tactic-focusing-on-java/amp/
Knowledge articles are not visible to customers anymore
KT's org decided to hide a TON of knowledge articles without even giving us the heads up. Ergo, I cannot give customers km notes to fix their problems, ergo I get bad csat scores, ergo I get laid off.
Organization is full of managers then Individual contributors
The Organization has more number of Managers then the Individual contributors. Most of the Manager [ around 90% of them ] stop contributing once they promoted from IC to Manager level. Reporting hierarchy should be made minimal. Make all the manager... — read more
Oracle Alumni
Do we have or could we start an Oracle Alumni group that offers mentor ship, guidance, references to helps people wishing to move out of Oracle or within. In most companies outside, there are always big observable number of Oracle Alumni working... — read more
Transition: Legacy Developer to New Cloud tech Ones
Lot of talk in this group about moving out of Oracle. What are suggestions for someone who has spent 10-15-20 years in Oracle working on legacy technologies. Which skills are more desired in new cloud technologies that could fetch you a new job?... — read more
MH believes AI is a game-changer, but who says Oracle can get it right?
If they have some genius idea about the implementation of AI into Oracle’s businesses and a clear idea of how to do it, then they have me on their side on this, but I highly doubt it. I get it that in this day and age it’s s-xy to talk about AI and... — read more
Article - Oracle Taking a 'Holistic' Approach to the Cloud
https://www.thestreet.com/video/oracle-taking-a-holistic-approach-to-the-cloud-14844014 Apparently, Oracle had some 'splainin' to do...
Oracle repent, the end for you is nigh
Big bad news all over for Oracle. With all the law suits it seems as though Oracle has gone from making software products to taking up a legal practice. Lets take a look at the top recent law suits: From the US department of Labor:... — read more
Unofficial official layoff report 1/27/2019
No major layoffs reported this past week. Total since 6/1/2016 remains at 20,396. No doubt more layoffs are coming. Keep looking for other jobs!
When is the next layoffs at Oracle
I am very fond of layoffs. I have had experiences with 6 layoffs. Each one gave me an opportunity to explore another company in the world. I wish I get my 7th one soon and happily seek something outside Oracle.
Oracle busted for discrimination against women and minorities, hired H1B visas over us college grads
Not only did Redwood City software titan Oracle favor hiring Asians for key departments, it favored non-citizen Asian graduates of U.S. colleges over American graduates, the federal government claimed in a lawsuit. The Department of Labor alleges in... — read more