https://www.propublica.org/article/older-workers-united-states-pushed-out-of-work-forced-retirement ProPublica and the Urban Institute, a Washington think tank, analyzed data from the Health and Retirement Study, or HRS, the premier source of... — read more
Oracle stock downgraded
https://www.barrons.com/articles/oracle-stock-downgraded-on-lackluster-sales-growth-51547060534 Barclays is getting less bullish on Oracle (ticker: ORCL) stock due to the software company’s meager sales growth.
Once upon a time...
Once upon a time there was a company called Oracle, it fired it's owned good people and fired itself.
Jan 17th
RIFs are coming...that is all.
Oracle Pays More Than $200 Million to Rename San Francisco Giants’ Stadium
Oracle Pays More Than $200 Million to Rename San Francisco Giants’ Stadium https://www.bloomberg.com/news/articles/2019-01-10/oracle-said-to-pay-more-than-200-million-to-rename-sf-ballpark
Looks like it's silence before storm
I have not heard of any layoff in past 6 weeks or so. Not saying that there are none. Though I hear that so many ppl are moving out of the door to better places. I do see a change as people at top are collecting data points at multiple levels from... — read more
How many women over 40 have been laid off since 2015? -- Diversity figures are trade secrets at Oracle -- WHY?
Oracle and Palantir said diversity figures were trade secrets. The real secret: Embarrassing numbers ‘A very real threat’ Oracle argued that “there is a very real threat to its competitive position” if its workforce diversity were to be exposed. Any... — read more
Death to Solaris, and so long to Solaris Dev Team!
Oracle euthanizes Solaris 12, expunging it from roadmap. Thom Holwerda 2017-01-18 Early December of last year, I posted the rumour that Oracle was going to end Solaris development. >While the company denied these rumours at the time, there still... — read more
Unofficial official layoff report 1/6/2019
Happy New Year everybody! Hopefully you’re all busy executing on your NY resolutions to leave O! No major layoffs so far this calendar year, total since 6/1/2016 remains at 20,246. Keep looking !
no real news, just lots of losers keep trolling sh--
go get a life, please post some thing valuable.
That's the way things work
There will always be layoffs in some areas and always be new hires in other areas and new acquisitions as well. that's the way things work. this site likes to focus on layoffs but what has the overall trend in employee count been? sure, we axed... — read more
Take a hint, or two or three
TK gone having made hundreds of millions, LE taking much more interest in Tesla than oracle having made billions, no growth, layoffs .... what are you waiting for? Oracle is a sinking ship and the big fat rats or leaving it. Soo. It will be run by... — read more
Analytics high school
Come be in high school for a second time in the analytics org
No layoffs in January?
Any chance we can go through at least January before the layoffs start up again? And I'm not talking about a big layoffs round that would affect hundreds of people, I'm talking Oracle's usual "two here, three there" style of layoffs that's been... — read more
What will 2019 bring us?
What is this year going to be like for Oracle? Any predictions?
Unofficial official layoff report 12/30/2018
No major layoffs reported this past week, total since 06/01/2016 remains at 20,246. It certainly has been an interesting year, just unfortunately not one that positions oracle for a great future. Happy New Year all! Those of you still at O consider... — read more
Remember Larry saved Apple
I can see why Musk would want Larry onboard given Larry saved Apple back in 1997
Is 2019 the year LE takes ORCL and TSLA to the toilet?
I mean why drive one company to bankruptcy when you can do it with two? The fall out from the dual disaster can be seen from around the globe. Why not take hatchet man MH to be a CO-CEO of Tesla and replace all the engineers with recent college grads... — read more
Broomfield Campus For Sale
Oracle will sell the Broomfield campus in Q2 2019. Some employees will be given the opportunity to relocate at their cost to anither Oracle location. Good luck.
UX Woes: Neither Excited Nor Delighted
Seems like the UX woes continue. Layoffs have dried up, but now people people in apps UX want want. Hardly surprising as the leadership spends most time in Seattle, not SV, virtually no presence at OpenWorld, and nothing to do with Oracle Digital... — read more
Tesla Taps Ellison.
Things must be great if they need LJE as an adult in the room. Still, it could be the way out for LJE and way in for MH without spooking ORCL... — read more
Oracle Offer
If I get an Offer in Oracle in the field sales of CX application, should I take it or not? Any inside info and advice?
Makes perfect sense
Because LE is exactly who you need when you already have SEC breathing down your neck. https://www.cnbc.com/amp/2018/12/28/tesla-names-new-board-members-after-sec-settlement.html
Oracle’s loss on share buybacks?
Has anyone calculated how much money oracle has lost on its share buybacks over the last few years? It has to be at least $2 per share times hundreds of millions of share, isn’t it? So maybe a Billion or so?
Is this a forced vacation week @oracle?
Was wondering if the holiday week is still a shutdown.
Oracle officials making a lot of noise about a flawed product
Oracle representatives seem to be making a lot of noise about Oracle Cloud and it has come to a point that I am surprised when a day goes by that I don’t see an Oracle company representative on TV or online talking about the benefits of the cloud and... — read more
Oracle needs a personality transplant
racle can sell anything it damn well wants to sell. What it really needs is a personality transplant. Who really has any faith left in Larry, his co-CEOs and what is apparently a rubber stamp BoD? Oracle could come up with the next big thing in IT... — read more
Is the hybrid cloud a good bet for Oracle?
I get the urge to have a more diversified line of products, but I really don't get why Oracle is putting so much effort and resources into the Hybrid cloud, as it is a transitional solution that will be on the market until everybody goes completely... — read more
Nearly a month without layoffs
How long has it been since we've had a month without layoffs? Unless I'm missing something, if this week ends with no RIFs, we'll get there for the first time in a while. And considering this is the Christmas week, I think we are good. Oracle has me... — read more
Unofficial official layoff report 12/23/2018
No major layoffs this past week, total since 6/1/2016 remains at 20,246. In the absence of cloud revenue growth on par with real cloud companies, can only expect more layoffs, also in Dev Ops given TK departure and uncompetitive cloud offering. Enjoy... — read more
Margin calls for the Holidays for LE
Stock at 44 - d’em margin calls for LE’s collateral in oracle stock are coming. Pony up LE! Happy Holidays old chap!
CSM’s to NetSuite consulting
Any thoughts on the compensation for the new role(s)? Still no formal announcement....
I gotta ask
Are there really people who expect to receive a bonus from Oracle? If there are, how deeply your head must be stuck in a sand to think that?
Article: Oracle Continues to Reward Shareholders with Hefty Buybacks
https://marketrealist.com/2018/12/oracle-continues-to-reward-shareholders-with-hefty-buybacks Interesting take on this. I'm no investing wizard by any means so maybe people here know better and can educate me but this does not seem like a reward... — read more
Good numbers don’t necessarily mean good business
Here’s an article that puts into question the good fiscal quarter results that Oracle announced. All is not as it seems and for me, Oracle is still a very troubled company with a very questionable future. Definitely worth checking out... — read more
And here we go again...
https://www.zdnet.com/article/oracles-ellison-no-way-a-normal-person-would-move-to-aws/
Run away as fast as you can
Oracle’s performance is terrible, the ridiculous “cloud” numbers they reported confirm this. Dev ops is an unmitigated mess after too many years of being mismanaged by a combination of TK and LE and sales is bring continuously decimated by MH... — read more
Oracle bought an earnings beat with share repurchases
https://www.marketwatch.com/amp/story/guid/FBAC017A-024E-11E9-B37D-3CE90D27BEE0