Oracle announces its figures for FY18 this afternoon after the market closes. Until then, they're in a quiet period. Announcing or having big layoffs would telegraph the results, so they're not about to do that. Watch the stock price in the... — read more 

I am a cloud sales rep in NA and was told by an ECA manager that I would be losing my ECA "in the next two weeks" due to reorg. He couldn't tell me more except the role would be covered "centrally" and I think it was just a courtesy since we have a... — read more 

Quiet on the layoff front this past week. Total since 6/1/2016 remains at 19,200. Keep looking!

Yes, there is a really BIG layoff coming, the like of which has been unknown. Mark my words I'm telling you the true this time.

https://www.forbes.com/sites/petercohan/2018/06/15/1-5b-snowflake-computing-is-beating-oracle-in-15b-data-warehousing-market/amp/

The government just filed wire fraud charges against the ceo and president of Theranos, another company that committed massive fraud, oracle and the 3 stooges is next

I posted this after the stock dropped in March. I thought maybe I was wrong as the stock began to creep back up slowly in the last quarter. But today, with the downgrade from JPM, the stock is now below $46 again. So I could be right, so am posting... — read more 

Someone in the know sold 979,402 common shares of Oracle Corporation in the open market. In a transaction dated May 04, 2018, the shares were put up for sale at an average price of $45.4, raking in a sum of $44,464,851. After this sale, 22,983 common... — read more 

My gut feeling. No insider info. Just watch it play out. Not pumping it, just have a feeling. Good luck all.

Oracle shares drop after JP Morgan downgrades on lost business to Amazon and Microsoft https://finance.yahoo.com/m/cd1683bb-2fe1-3bc3-875b-4c1874038a51/oracle-shares-drop-after-jp.html I was laid off last year. I should have started my job search 3... — read more 

How sad is it that the only team that seems to be safe is US Cloud Support? Everyone else is battling for their job and everyone i talk to in support says they cannot hire fast enough. This seems very backwards.

The rumor for the Platinum division is they need to find homes for about 50% of the staff. Their headcount goals to “effectively” run the Platinum offering is 10 managers with a 10 to 12 CSM to manager ratio. Multiple versions of spreadsheets exist... — read more 

https://seekingalpha.com/article/4178206-ibm-oracle-separating-clowns-clouds

Layoffs in Field Sales and Customer Success groups will be spaced out over the next four months. Where did this info come from?

To the exec line up: Stop forgetting the words of Ed Oates, our co-founder : “In a band you’ve got different people with different attitudes and skills coming together to achieve a common goal. When it works, the outcome is greater than the sum of... — read more 

I hope y'all are big ORCL holders as there's some major news coming in the earnings report.

CB reading from her carefully written script. A line up of speakers all from the OMC leadership. We are giving customers the best in our Platinum offering. Are we really??? Lots of hype of how great it is and did we hear CB say “bestest” again? What... — read more 

as usual promoting the re-org by EVP/ RG --kicking out previous consulting SVP/ ( MG ) [ BTW.. what a waste of pay for 2+ yrs..) --thank him for doing nothing but begging sales people for 2 yrs. to throw a bone to consulting--and sending powerpoint... — read more 

No layoff reported this last week. Total since 6/1/2016 remains at 19,200. More layoffs coming, good luck all.

This time it is really happening. Trust me. Have I ever let you down in the past?

https://seekingalpha.com/amp/article/4180531-love-oracle-opportunity

UX groups will all be rolled under one organization and then headcount reduced with many impacted.

...if they actually got rid of the right people. What we are seeing on nearly weekly bases is some of the best employees being cut from the company over and over again. We are already seeing that reflect in Oracle's results, and yet there is no... — read more 

It's oh so quiet Shh shh It's oh so still Shh shh You're all alone Shh shh And so peaceful until You just make a bunch of junk up and get a bunch of demoralized s---ers to buy it.

HD blames his directs running the ECA org for why he did not deliver in Q4. He has committed to move "the majority" of ECA roles to hubs. This will force out higher paid ECAs and bring costs more inline. This will not be one big move, but instead... — read more 

UK support got axed on May 31 as they are not directly associated with revenue. Major layoffs in sales do not occur until the first week of June as you want to get in as many deals as you can before the fiscal year ends on May 31. Last year, some... — read more 

I don't work in sales but received this corporate wide mail today-- describing the so called FY19 sales pillars, etc.. there are 6 or 7..half are preaching to move customers to cloud, if they are 'ready'/willing..but surprisingly the move to... — read more 

That's how you lead... In the cloud...

While Management is hammering the "Acceptance" request to the employee workforce, resistance is happening in EMEA. Why shall we jump towards FY19 conditions when FY18 gates have proven so challenging ? Depending on your local laws you might resist... — read more 

Looks like about 200 people were laid off in the US, Europe and China. That brings the total to 9,200 for FY18, and 19,200 since 6/1/2016. More to come, all the best to you all!

Folks it will really happen this time, trust me on this.

OCI hires get RSUs as a significant portion of their compensation in order to match other cloud companies like AWS and Azure. They're therefore interested in seeing the ORCL stock rise like AMZN and MSFT. Of course, long-timers know that ORCL stock... — read more 

https://seekingalpha.com/article/4178206-ibm-oracle-separating-clowns-clouds Excerpts: That red line you may mistake for the x-axis is Oracle’s CAPEX spending. While they have finally separated themselves from the axis in the last couple years... — read more 

Trust me, it will REALLY happen this time.

After all the hoopla, was even one person laid off this week or no?

All layoff terrorists where are you now? it's 1st June and we are all here i see

https://www.theregister.co.uk/AMP/2018/05/31/rise_of_the_open_source_data_strategies/

I love looking at the linkedin profiles of some of the rats left behind. The VP who proudly proclaimed that he was responsible for an acquistion..... ..... then later removed that statement, must not have gone well. The director who was in charge of... — read more 

Posted on INDEED on May 30 (yesterday): Senior Performance Tester Oracle - Cambridge, MA No Visa Sponsorship is available for this position. Preferred Qualifications QA Analyst 3, Commerce Load you will also play an important role in ensuring feature... — read more 

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