Run fast as possible

Are there going to be layoffs? in OCI or OCI-Classic (Santa Clara)? And other (S|P)aaS orgs? It looks highly likely that with TK gone, and the need to inflate profit, there is a possibility of layoffs in these orgs, especially because the moolah is... — read more 

Honestly, I'm surprised there are no more analysts saying this, considering how obvious it is. "Cloud stocks have been riding high the last few months, but one trader is betting that the run could be coming to an end for one name in particular:... — read more 

Heard from a SVP in NA that HD has been lobbying to take TK's role during the transition. HD has tried to convince LE that TK was out of touch with the field and he can invigorate development with a 'voice of the field' is how this SVP described it... — read more 

https://www.cnbc.com/amp/2018/09/05/trader-bets-theres-a-storm-brewing-for-cloud-stock-oracle.html

Don’t know if he was fired, forced to resign, or found a better gig. Hearing from multiple sources that he’s out. Good riddance.

For quite a while, Oracle's playbook has been about being a slow follower until a market is proven out and then making acquisitions of key companies to capture marketshare and to establish a presence. For example, buying PeopleSoft or Siebel made... — read more 

Apparently we are second among tech companies with oldest workforce. I'm honestly not sure how this is possible, considering that most people laid off are those with most years with Oracle, meaning the oldest ones. However, according to this chart... — read more 

At least 8 developers in the Oracle Knowledge Management let go today. Mostly in Chicago.

Been catching up on posts and was curious if those "Unofficial official layoff reports" were credible? They seem like a great resource, so I really hope they are legit.

At the time of this writing Oracle has a market cap of 195.44B its price is 48.58 it has a Price to earnings ratio of 18.92, it has 67 Billion in assets. If you look at the financials it seems healthy. It has 67B in assets and 21.6B in cash on hand... — read more 

No major layoffs past week, but always some singles and doubles here and there, so in aggregate we’re now up to 19,900 since 6-1/2016. Happy US Labor Day everybody! Proletariat of the world unite! No future at oracle, keep looking for jobs elsewhere!

Oracle has been s---ing up (hiring) so many cloud devs, and paying thrn so well, that something really seems wrong. I heard they have like 3 DCs, are not growing, and in fact are falling further behind. There is no way to justify the amount of hiring... — read more 

The big one predicted for August 31 will now happen in late October. More information to follow. But this will be the last big layoff because it will affect all departments and levels and will result in a major transformation of the company.

Seems that there is not one positive thing going for Oracle. The RDBMS is being overrun my NoSQL, the customers want to get off as fast as possible. The autonomous portion is using Ai, which is nice but it wont solve the customer exodus or NoSQL... — read more 

Oracle management does not have time for layoffs, but to defend for themselves from class action lawsuits.

per new consulting SVP guy in his first All hands call: -- For ane new engagement--Teams must be at least 70% from India and Austin Hub.. --delivering autonomous consulting services.....@$#!%% start working on your resumes..!

Oracle analytics is dying business. Stay far away as possible. id--ts run the management team. Managers are care takers. Similar to that of a high school teacher. Take notes, kids. Join a real company with a real vision.

And you can even download it here https://www.oracle.com/technetwork/server-storage/solaris11/downloads/index.html

As you may know, Oracle was served a Lawsuit (a.k.a "Complaint") on August 10. This action was brought on behalf of the City of Sunrise Firefighters' Pension Fund by the law firm of Bernstein Litowitz Berger & Grossman LLP. You can find the case... — read more 

That RIF and the way in which it was executed (conference call) is the primary reason I left the company voluntarily and I do not regret it. Although I understand it was a business decision to stop investing in Solaris and Sparc, and that they had... — read more 

Micro management that think they are God’s gift to earth. This place will be out of business in 10 years in my opinion. Straight garbage.

Oracle sweet spot?..not anymore..*** ========================= https://www.cnbc.com/2018/08/27/aws-is-launching-on-premises-database-software-with-vmware.html?__source=yahoo%7Cfinance%7Cheadline%7Cstory%7C&par=yahoo&yptr=yahoo... — read more 

No major layoff reported this past week. Total since 6/1/2016 remains at 19,850. Keep looking all, now more than ever.

In my opinion we are in for some dark days ahead. Redshift is taking toll. CC are migrating at an alarming rate. Office is a dead silence.

Oracle is a terrible place to work in my opinion. Terrible people terrible product terrible service. The people who say otherwise are trolls!!!!!!

Pack your bags folks. This place is headed for the sewer. Zero cloud growth, unhappy customers, and employees leaving.

No one is impressed with Oracle. Stock is terrible, moral is down, and employees are leaving left and right. Get a real job at a real tech company. Big layoffs rumored to be boiling.

This place is a joke. Unless you like 0 pay, immature management and a terrible culture, stay far away from this place!!!!!

https://www.yahoo.com/finance/news/microsoft-just-took-unprecedented-step-121500669.html ============== Show me the money-- Microsoft recently handed out stock bonuses, with some valued at more than $100,000, to its engineers to keep them from being... — read more 

I really don't get how a sub par cash register salesman rose to the ranks he did. He spent 25 year peddling cash registers (NCR) and when the place was falling apart he took the helm as president and fired everyone. He was the captain of a sinking... — read more 

https://finance.yahoo.com/news/investor-alert-brower-piven-encourages-020000040.html

Sales is performing terribly. No one hits there number. Bad place to be. Leadership thinks more phone calls will do the trick. This place is garbage.

Check the glassdoor reviews that aren’t written by HR. This place is burning to the ground and quick.

Please to curtailings criticizing posts for Oracle in a deep manner. My objective goals for career continuous best in Oracle. I feel a happiness deep within my loin members in a company with surprising wonderful management. This is the constant... — read more 

This place is dead. Sales are slow. Growth is minimal. Bunch of washed up old men collecting a paycheck. Make no mistake, Amazon is crushing us into the ground. Every company is looking to migrate away from Oracle. Employee moral is down and new... — read more 

Everyone is leaving

https://www.forbes.com/sites/petercohan/2018/08/21/redis-labs-growing-60-plans-to-disrupt-oracle-in-60b-database-market/amp/

It gave me a job when I got laid off from a previous company. Things are not very rosy outside Oracle too.