No major layoffs reported this past week. Total number of employees laid off in FY18 YTD remains at 8,680 and since 6/1/2016 at 18,680. Plenty of powder left in the FY18 restructuring reserve, does not boad well for remainder of the year. Good luck... — read more
Cutting costs, cutting jobs, and laying off workers, all with the new Austin digital campus. - Just the facts
MH is known for one thing; reducing employee costs. The symbolic opening of the "Class of Campus" in Austin with room for 10,000 workers is the sign of what is to come at Oracle. https://www.builtinaustin.com/2018/03/23/oracle-new-austin-office On... — read more
Is Oracle a good opportunity for my first job
I graduate in June and am looking for my first job.
Oracle Sales Cloud is dead
It's official now-Sibel is back with same multiplier as Sales Cloud. In simple English one can sell Sibel and still earn the same comission as Sales cloud till Oracle's fixes it's Sales cloud. Oracle leadership seems to have admitted that Sales cloud... — read more
"...Austin Campus is Going to Grow to 10,000 Employees..#!$#!%
"...create an inviting experience for its employees with veranda views of the lake, an onsite full-service cafeteria, gym ...#^#" ---Austin commute times getting worse... — read more
Finally the Truth comes out. "Why Oracle's Earnings Beat Didn't Prevent a Stock Price Beat-Down"
Finally the Truth comes out. "Why Oracle's Earnings Beat Didn't Prevent a Stock Price Beat-Down" THANK YOU.......Motley Fool Asset Management's Bill Barker. We know who are the real fools!! It's not rocket science folks. The 3 idiots cannot face the... — read more
ORCL Cloud Revenue keeps Declining Quarter after Quarter.
ORCL Cloud Revenue keeps Declining Quarter after Quarter. https://finance.yahoo.com/news/oracle-apos-cloud-biz-heading-183610000.html
If there is FUD on this board think: who gains by it?
Competitors. That's not to say there haven't been layoffs. The layoff knife sliced 50% Jan 2017, then again another 50% Sep 2017 in my area. Oracle is attempting to change, execution on that plan is key, and we all get to see how that will go. Yup... — read more
SHOULD I ACCEPT OFFER FROM ORACLE
I AM NEW GRAD AND START MY NEW CAREER AND HAVE WRITTEN OFFER TO JOIN ORACLE AND I WILL WORK HARD FOR THEM> SHOULD THIS BE A GOOD PLACE TO WORK?
Oracle’s Founder Larry Ellison Says Austin Campus is Going to Grow to 10,000 Employees
Oracle’s Founder Larry Ellison Says Austin Campus is Going to Grow to 10,000 Employees LJE has big plans. “I think this facility is going to grow to about 10,000 people,” Ellison said. “We have big plans.”... — read more
LE’s margin calls
Enjoy the margin calls coming your way with the stock at $45.75 and sinking LE - that’s what happens when you hand on to too much stock and borrow against it. And now comes private securities litigation over cloud washing, not gonna help the share... — read more
The pride of the “Class Of” program
http://Www.lifeandstylemag.com/posts/Lincoln-from-the-bachelorette-156336 Read the article. It’s an Oracle “Class Of” employee. Just hilarious stuff.
HYPE: Oracle's Austin campus is the launch pad for the company's Next Generation Contact Center (NGCC), which is built on the Oracle Sales Cloud
https://www.prnewswire.com/news-releases/oracle-opens-state-of-the-art-cloud-campus-in-austin-texas-300618011.html REDWOOD SHORES, Calif., March 22, 2018 /PRNewswire/ -- Oracle unveiled its new Austin, Texas campus as a sales innovation customer... — read more
..." 'Customers are sick of it'..
many years ago when I started w oracle-- I was told there are 3 choices; " Sell, deliver, develop".. we know what happened to sales team..delivery? as of now non-existent we all know about consulting mess.... that leaves us with development.. forget... — read more
FORBES: Oracle And Its Cloud Business Are In Great Shape--And Here Are 10 Reasons Why
FORBES: Oracle And Its Cloud Business Are In Great Shape--And Here Are 10 Reasons Why Enjoy the lies. Last paragraph. ".... then you're also betting against Larry Ellison. And you're betting that he's wrong. And that this time, he's going to fail... — read more
Get ready for massive layoffs! Latest 10Q Shows the final round of severance packages have been accrued.. but not paid
Get ready for the biggest layoff in the past ... decade? Its will be bigger than anything that happened this year so far. Here is an interesting thing to consider, how the Oracle 10q shows how much will be paid out in the final round of severance... — read more
Justice is served... watch the turd squirm live on CNBC
The turds reign of terror rapidly approaches an ignominious end. Justice will be served live on TV. I'm sure the turd will use his spin doctor skills. In an EXCLUSIVE CNBC interview, Oracle CEO Mark Hurd will sit down with CNBC's Josh Lipton on... — read more
Oracle is a great place to work
The commenters here are very angry they got the RIF but sometimes that happens when a company changes but overall Oracle is a good place to work, or for me it has been very good and I like my manager, there are bad teams but that is true at all... — read more
Should I accept a job offer from Oracle?
I graduated last year and was offered a job in the Cloud? Would this be a good opportunity to learn at Oracle?
Oracle's lack of developer appeal is killing its cloud business
https://www.techrepublic.com/article/oracles-lack-of-developer-appeal-is-killing-its-cloud-business/ Love the closing paragraph, in particular: "Oracle is actively trying to hire a new executive to run developer relations. This can't happen soon... — read more
Oracle in the top 10 most desirable place to work 2018
https://www.linkedin.com/pulse/linkedin-top-companies-2018-where-us-wants-work-now-daniel-roth/
too much Cloud?..thats why LE launched his latest startup, hydroponic indoor food production..this week
so.. who is going to fix the mess? --- LE is busy growing lettuce.. ============= ..Billionaire Oracle Corp. cofounder Larry Ellison this week launched his latest startup, which will focus on automated, hydroponic indoor food production. Los... — read more
Oracle Stock Tanks Over Oracle Corporation’s Confusing Cloud Focus
Oracle Stock Tanks Over Oracle Corporation’s Confusing Cloud Focus https://finance.yahoo.com/news/oracle-stock-tanks-over-oracle-110528301.html Whether Oracle Corporation (NYSE:ORCL) did well or did poorly last quarter is largely a matter of... — read more
The turd that sank Oracle
It does not take any imagination to figure out how mass layoffs reduction in salaries, replacing workers with cheaper and inexperienced labor, hiring mediocre developers and the cheapest support possible can have a negative impact on a company. The... — read more
LE is the biggest loser
LE just lost $4.5BN and has to put up more collateral for his loans where oracle stock is security. S---s when the world finds out you’re fraud, doesn’t it LE! Great decision to hire H the Turd! brilliant! And TK what a genius you have running dev!... — read more
Good article summarizing market reaction to earnings. What does this mean for layoffs?
https://www.thestreet.com/story/14528960/1/oracle-weak-cloud-guidance.html Some key quotes from the article "Oracle also guided on its earnings call for May quarter revenue to be up just 1% to 3% annually in dollars, and flat to down 2% in constant... — read more
Well, that didn’t end well
Who knew cloud could be so complicated and you could’t just buy a bunch of cloud start ups, put a marketing wrapper around them and have the Class of newbies sell it ...oracle would need new management if it wasn’t already too late to save it ... the... — read more
Oracle stock heads for worst day in nearly 5 years, analysts run for shelter after cloud bursts
https://www.marketwatch.com/story/oracle-stock-heads-for-worst-day-since-2013-analysts-run-for-shelter-after-cloud-bursts-2018-03-20 Oracle earnings show cloud growth slowing down, leading to two downgrades and multiple price-target declines Shares... — read more
Actual oracle cloud revenues
I have to believe that if the purported annual $5 Bn on cloud revenues, no more than $1 Bn are legitimate cloud revenues where the customers actually use oracle cloud products; with the $4 Bn plus being cloud credits that oracle extorted customers to... — read more
Oracle's cloud biz heading in the wrong direction right now
Oracle's cloud biz heading in the wrong direction right now https://finance.yahoo.com/news/oracle-apos-cloud-biz-heading-183610000.html
price of $47.65 per share.. wipe out nearly all of the stock's year-to-date gains ....
.......back to square one.....wish it was a fake news... https://www.thestreet.com/story/14527735/1/oracle-slumps-after-disappointing-q3-cloud-sales-tech-sector-weakness.html?puc=yahoo&cm_ven=YAHOO&yptr=yahoo
6.9 Billion $ Tax Write-off
What are they hiding there. Seems extremely odd to me. Not looking but not hearing others doing the same.
Oracle's New Licenses Sales Drop ....
https://finance.yahoo.com/m/634ff5c6-9846-3831-b8b5-15c36a28da7e/oracle%27s-new-licenses-sales.html wonder why??????? ha .ha
Down she goes
Lame results, especially anemic revenues show the difficulties of cloud washing that oracle is experiencing, it only gets worse from here. Sell now or forever suffer the result of your stupidity!
"..Tired of it>....Oracle quarterly revenue misses estimates...................AGAIN !#@!
https://finance.yahoo.com/news/oracle-quarterly-revenue-misses-estimates-203209826.html ..can't get rid of this crap from my 401k...
Today's the day
Is everybody ready for the big day? In a "please don't let it be so bad they announce more layoffs at the same time" way? Predictions ahead of the report seem to be divided - some believe Oracle will adjust up, some it will adjust down. I guess we... — read more
Unofficial official layoff report 3/18/18
No major reported layoffs this past week. Total FY18 YTD remains 8,680, and since 6/1/2016 18,680. More layoffs coming no doubt, keep looking for new jobs. Good luck all!
The DJT Lie Inversion Service
I've recently become aware of the DJT Lie Inversion Service. Named after our great lying leader, DJT, whom all Oracle upper management seem to strive to imitate. Here is the pseudo code for the service: while (more crap to process) { if ( isLie (next... — read more
Let the cloud washing begin - adjusted EPS of $0.72, up from $0.69 compared to last year, on revenue of $9.8 billion.
Its next quarterly report is around the corner and Oracle is scheduled to report third-quarter fiscal 2018 earnings after the closing bell on Monday, March 19. For Q3 fiscal 2018, Oracle is expected to report adjusted EPS of $0.72, up from $0.69... — read more