Topics regarding layoffs at Oracle Corp.

Topics regarding layoffs at Oracle Corp.

Unofficial official layoff report 3/25/2018

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 

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 

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| 2130 views | | 7 replies (last March 26, 2018)
Post ID: @OP+SmBZ0lu

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 

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| 1110 views | | 7 replies (last March 27, 2018)
Post ID: @OP+Sl5PUXP

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?

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 

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| 1022 views | | 3 replies (last March 25, 2018)
Post ID: @OP+Sk7pUt3

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.

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| 1170 views | | 4 replies (last March 23, 2018)
Post ID: @OP+SjsoM7K

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 

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| 957 views | | no replies yet
Post ID: @OP+SjQUUyU

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 

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| 1050 views | | 8 replies (last March 23, 2018)
Post ID: @OP+SjoVLgZ

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 

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| 1770 views | | 9 replies (last March 6, 2019)
Post ID: @OP+Si7C6QE

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 

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| 1100 views | | 6 replies (last March 25, 2018)
Post ID: @OP+SiU7kNz

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 

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| 1160 views | | 6 replies (last March 21, 2018)
Post ID: @OP+ShFxwk9

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 

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| 920 views | | 2 replies (last March 21, 2018)
Post ID: @OP+ShZOS4t

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.

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| 1572 views | | 4 replies (last March 20, 2018)
Post ID: @OP+SgsncUp

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!

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 

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| 2080 views | | 9 replies (last March 20, 2018)
Post ID: @OP+SgYa03b

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!

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| 735 views | | no replies yet
Post ID: @OP+SfqPbFE

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 

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| 960 views | | 5 replies (last March 20, 2018)
Post ID: @OP+SfFUuu6

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