(2) The balances at May 31, 2018 and 2017 included $257 million and $242 million, respectively, recorded in other current liabilities and $25 million and $22 million, respectively, recorded in other non-current liabilities. What this means is Oracle... — read more
Q4 Bonus
It’s posted. It’s out. It was a bad quarter. Q4 is historically our best quarter. Why did we wait around for Q4 bonus?? Now to get serious about getting out. All my peers who have left for significant increases. Shaking my head at why I didn’t start... — read more
Confucius say...BIG LAYOFF is coming
Hold on to your hats. Confucius say the big one that everyone has been waiting for is right around the corner. It's gonna be BIG, it's gonna be BAD, it's gonna be UGLY, and it's gonna be SOON. I have the inside scoop so stay tuned for more... — read more
Book idea - the sad decline of oracle
Calling all existing and aspiring writers - there is a book to be written about the decline of oracle. A really good and interesting book, with substance and characters to boot. Go for it!
LE - out to lunch or doesn’t care?
So if you were the founder and largest shareholder of a company that was going down the drain, would you just sit there and do nothing, or would you perchance fire the CEOs, head of product dev, and the cto? So what’s wrong with LE? He no longer... — read more
No mass layoffs
"Oracle plans layoffs to be under the radar, never triggering WARN. A mass layoff that would be covered by the press, in order to send a signal to Wall Street, would confirm their precarious position, negating any benefit to the stock. Could even... — read more
A Journalist May Want to make an Open Records Req to the Calif Dept of Labor for all Claims Against Oracle
Could be an interesting article combined with investigation of the cloud washing “deals” the last three years. There’s a story here.
Shift to cloud rattling Oracle’s database business... Are Customers Cutting Spending with Oracle?
Getting worse...!!!!!!!!!!!!!!! ============ https://marketrealist.com/2018/06/are-customers-cutting-spending-with-oracle ============= ".....J.P. Morgan analysts, led by Mark Murphy, surveyed 154 chief technology officers and found that the majority... — read more
Here's What's Wrong With Oracle Corp. Today
Is Oracle hiding something? Several analyst firms wondered aloud whether Oracle might be trying to hide some sort of weakness in the cloud-computing story by making the results less transparent. The company is facing strong cloud-computing... — read more
Unofficial official layoff report 6/24/2018
No major layoff this last week - some 25 people asked to total in a catch up correction between this and last week. Total since 6/1-2016 19,225. Good luck all!
MH - "This is a nothing-burger". Oracle defends cloud business disclosures
MH - "This is a nothing-burger". Oracle defends cloud business disclosures https://www.ft.com/content/a4fc61c6-740f-11e8-aa31-31da4279a601
Fake it till you make it but know wind stop. financial times writer: The jig is up.
https://www.ft.com/content/1b1b137e-760f-11e8-b326-75a27d27ea5f Article says it. Please use the sharing tools found via the email icon at the top of articles. Copying articles to share with others is a breach of FT.com T&Cs and Copyright Policy... — read more
BIG LAYOFF IS COMING
This one will be BIG really BIG!!! I am telling you it will effect all locations and business units. Trust me.
Oracle Corporation Stock Has Further to Fall Before It Is Priced Right
https://investorplace.com/2018/06/oracle-stock-further-fall/ "Oracle stock doesn't look like a buy until $40" "I’ve never been a big fan of Oracle. The bull thesis has always hinged on out-sized cloud growth propelling the company into a new era of... — read more
More details on Oracle Java layoffs
Former employees are starting to talk. There seems to be a lack of understanding at upper management layers on why Java platform development within the product org actually is important and linked to future revenue... — read more
Job postings aplenty in BUR
Cloud Consultants, Sr. Sales Consultants, DB and ES Sales Consultants. Architects. HCM. Supply Chain. Glassdoor salary estimates from 50k to 160k. Bring your BSCS, mad programming, scrum, project mgmt, etc skills. TBH those salary ests sound low... — read more
TK has been selling stock.
TK has been selling stock. https://finance.yahoo.com/quote/ORCL/insider-transactions?p=ORCL
Oracle stock is going up
43.11 USD +0.29 (0.68%) Smart investors who bought this small dip are making money already.
Have you seen the Intel news?
Oracle: we’re going to obfuscate our Cloud SaaS revenue from now on, you think Wall St will care ? Intel: Oh dude, I can do better. Hold my beer.
it's official----"..Oracle's Cloud Business is Now a Murky Picture..
institutional share holders flee ORCL.. ================== https://www.investopedia.com/news/oracles-cloud-business-now-murky-picture/?partner=YahooSA&yptr=yahoo
Has anyone been laid off yet?
Has anyone been laid off yet? That's what this site is all about. Speculating about Oracle's past, present, and future is all well and good, but so far no layoffs posted. Usually when the stock tanks after a bad announcement, the market demands some... — read more
Oracle doesnt have customers, it has hostages
Oracle doesnt have customers, it has hostages. While this is not a new phenomenon, what is new is that there are big tech companies who have large successful practices that essentially perform jailbreak operations for these customers. Oracle used to... — read more
Oracle stock takes a beating as lack of cloud numbers questioned
Oracle stock takes a beating as lack of cloud numbers questioned https://www.yahoo.com/finance/m/9e4821eb-d2e5-3994-a5e9-684f8d824a4c/oracle-stock-takes-a-beating.html
Oracle shares sink 7% as Wall Street freaks out over a surprise decision not to share specific cloud numbers
Oracle shares sink 7% as Wall Street freaks out over a surprise decision not to share specific cloud numbers https://www.yahoo.com/news/m/b4563d9b-a4dd-307f-a089-023029afed56/oracle-shares-sink-7%25-as-wall.html
MARKET WATCH: Oracle cloud growth slows, and — Surprise! — it stops giving cloud numbers
Here's one for our fake news friends at this site. Enjoy!! Oracle cloud growth slows, and — Surprise! — it stops giving cloud numbers... — read more
Collateral calls
LE - how much collateral did you have to put up today? What does tomorrow look like. Let me know when you’re ready to sell the island. And hey, LE hate to tell you - there is a God after all!
Layoffs needed to make up $15B market cap loss
Oracle $ORCL is getting hit hard today after earnings. It's down 7%! That's almost $15 billion in market cap gone. In just a few hours. stocktwits.com/symbol/ORCL Update your resumes boys and girls. Be smart and get out before they show you the door... — read more
Oracle could be feeling cloud transition growing pains
https://techcrunch.com/2018/06/20/oracle-could-be-feeling-cloud-transition-growing-pains/ See how they broke out the cloud revenue loudly and proudly in March, yet chose to combine their cloud revenue with license revenue in June. “Generally... — read more
What time is it?
It’s time for the 3+1 stooges to go! Has been for a long time, covered up by cloud fraud.
Just the Facts
The facts seem to be straight-forward: Oracle started extremely late to the cloud. Later than all the other cloud players. Oracle was made up primarily of employees who know absolutely nothing about web development and cloud applications. Oracle... — read more
see any insider pattern?-- SC and TK sellout in January?
I wonder if they knew something..back in January when both sold Millions of shares.? ===================================== http://openinsider.com/search?q=orcl ===================================== 2018-01-17 ORCL Catz Safra CEO $50.05 -5,000,000... — read more
Oracle falls 7% after company reduced visibility into its cloud business
https://www.cnbc.com/2018/06/20/oracle-reduced-visibility-into-its-cloud-business.html Oracle surprised analysts on Tuesday when it provided less insight than usual into its growing cloud business in its quarterly earnings statement, and now some... — read more
Oracle stock falls after Wedbush downgrades to neutral
Oracle will now trigger the restructuring costs. Expect RIFs to begin soon and last over the next 3 to 6 months. This coming directly from our VP in NA Sales. Wedbush analyst Steve Koenig downgraded Oracle Corp. ORCL, -6.47% shares to neutral from... — read more
Future RSU's in Layoff
Any idea what happens to future RSU units allotted to an employee when he/she is RIF'd
Oracle cloud growth slows, and — Surprise! — it stops giving cloud numbers
anyone believes anything..anymore??? (((Oracle's Soft Guidance and Cloud Accounting Change Are Fresh Reasons for Concern))) --- https://finance.yahoo.com/m/e43c6b18-4259-38e9-9955-3c190d68dc28/oracle%27s-soft-guidance-and.html (((Oracle cloud growth... — read more
Sour Sentiment
https://www.wsj.com/articles/oracles-past-surprises-on-guidance-leave-analysts-wary-1529402401 SOUR SENTIMENT: In each of the previous three quarters, Oracle management shook investors with guidance that fell below expectations. Three months ago, the... — read more
Oracle's forecast miss overshadows cloud growth, shares fall...".."investors are wondering if Oracle is trying to hide
Damn it.....! "investors are wondering if Oracle is trying to hide something in its total cloud revenue".................. https://www.yahoo.com/finance/news/oracles-quarterly-profit-rises-5-201113559.html
So much for hardware being dead
Hardware revenue was up slightly this FY. Time to put th scaremongering to bed people. Oracle is now entering a period of sustained growth with them being a top tier Cloud company. The Big Three is now Four.
Oracle Earnings
https://www.cnbc.com/2018/06/19/oracle-earnings-q4-2018.html The stock rose slightly in extended trading after falling 0.5 percent to $46.27 at the close. But after the company provided guidance, the stock tumbled. The company stopped providing... — read more
Oracle stopped providing specific revenue for cloud infrastructure and platform as a service.
Playing the hide and seek game again. https://finance.yahoo.com/m/4a5043c9-c090-3d96-9a5d-c3c733bab4f5/oracle-reports-strong-fourth.html