With the shrinking of the on prem workforce what is to become of the mountain of technical debt that Oracle has amassed through the crazy acquisition spree? As more of us get invited to the door it would seem that Oracle will reach a tipping point... — read more
Oracle’s ridiculous share price
At $48 per share oracle has to be the most overvalued company on the stock market. I mean, it has no sustainable revenues from any products: no HW, no on-prem products, no cloud products, yes a tail of declining support revenues from old products... — read more
The Turkey
Who’s the big, big Turkey this year? Well let’s see. Who has no HW revenues, steeply declining SW revenues, no cloud, and steeply declining support revenues. It’s oracle! LE is the Big Turkey!
Learn MH.. even a Meg. W is doing the right thing..
Here it goes MH...your old company--HP/ CEO Meg.W missed her numbers and is stepping down-- http://money.cnn.com/2017/11/21/technology/meg-whitman-steps-down/index.html have at least her balls..and do the same....
So much for "Salesforce" bashing Mark H..
last year this time... CRM/share $73 and ORCL/share $40-- now: CRM: $108, ORCL:$48 any question???????
Unofficial official layoff report 11/19/2017
No major layoffs this past week. Total for FY18 remains 7,150; total since 6/1/2016 17,150. More layoffs expected soon accepting to other threads. Take care all
HBR - best CEOs of 2017
Harvard Business Review has published its list of the best CEOs: SFDC’s MB #12; LE/MH/SC nowhere to be found. No surprises here, just a confirmation that oracle is a poorly managed company run by bad executIves.
Additional Oracle Layoffs are coming December 1st
Taking a look at the macro trends and the amount budgeted for employee severance packages we can clearly see that Oracle is about half way to their "Restructuring goal" put in place by executives last year. The Only way to achieve that goal... — read more
Who's going to be let go on Dec 1st?
What groups do you think will be most affected on Dec 1st layoffs?
WW A&C ISV OEM STATUS
I was with NAS Comms. Industry vertical failed and now we are heading towards a big change for that group..vp of sales, BD, operations, finance are arrogant. . Reps are being cheated..focus is on OD..who does not know head or tail..all the best to... — read more
LE’s irony
Ironic, isn’t it, LE could have achieved immortality, a la Jobs, had he had the good judgement to die 10 years ago, now he’ll go down in history as a guy who got lucky and then overstayed his welcome and ran the company into the ground. This... — read more
Oooops, oracle failed again!
Yet again shareholders have voted against the exec comp plan. This is now, of course, a regular and comical feature of the oracle shareholders meetings. Management proposes outrageous and unjustified pay plans for itself, shareholders rejects them... — read more
Severance payment date and method?
For the ex-Sun folks with a Labor Day WARN and Halloween termination, when will the severance payment hit our mailboxes? While we are out of town for Thanksgiving? Can we get direct deposit? From the packet, "Your severance payment will occur only... — read more
Oracle CEO says idea that most Silicon Valley companies are into AI is 'just nonsense'
"Oracle Corp. CEO Mark Hurd thinks many Silicon Valley companies aren’t being completely honest about their efforts to develop artificial intelligence technology." Yes, he is correct. He needs to stopping F..ing lying about his company's efforts in... — read more
TK's Org Desperately Needs New Leadership
The lack of direction is killing us. Every month it seem like the goals completely change and we have no idea where the ship is supposed to be headed. There is no comprehensive vision for our company or products. Just a bunch of random, often... — read more
Don’t expect any add’t layoffs in 2017
The next wave to hit will be first quarter 2018.
Unofficial official layoff update 11-12-17
No major layoff activity reported this past week. Total for FY18 stays at 7,150; total since 6-1-16 remains at 17,150. Note: almost $500m of restricting reserve left for FY18 layoffs - that’s a lot of people. Keep looking !
ECAL Process broken down in plain english
E N T E R P R I S E C L O U D A D O P T I O N L I F E C Y C L E ( E C A L ) ECAL is a business-driven process, aimed at achieving customer success at "cloud speed." ECAL begins with identifying priority business initiatives, use cases and adoption... — read more
Oracle Talent Drain Continues
(Source Below) If you knew the guy you'd know what I am talking about here. Such a shame... Have a great weekend... The latest talent to have departed Oracle is a longtime GNOME contributor who has at Oracle/Sun Microsystems for nearly the past two... — read more
Oracle is broken - ECA beach vacay
I blew a fuse traveling and started booking follow up meetings at the customer sites near resort areas. I have been literally flying to both coasts for weeks and spending more time in the airports than at meetings when it hit me... Why am I doing... — read more
EBS Support Engineers getting mandatory Cloud "training"
They're making us take all these sessions for IAAS, SAAS, and PAAS. As an EBS support engineer, who gives a ? Is this part of a plan where they lay off their ineffective cloud engineers and make us EBS folks not only do EBS support but also cloud... — read more
FY19 Oracle Zero Layoff is real. Whats the Schedule?
Take a look at the rumors posted here on the "FY19 Oracle Zero" in field sales and compare it to the data reported in Oracle's September 18th 2017 10q. http://d18rn0p25nwr6d.cloudfront.net/CIK-0001341439/6aae1efb-e6ff-44cb-9563-94b1d5ebd7e1.pdf On... — read more
What’s Hurd Saying on Today’s All Hands Call?
Anybody dial in?
Some big shake ups coming to SaaS CSMs
Currently the ERP teams do not have enough work to get thru the day. Managing 4-5 accounts each, many of those customers are not even live! ERP CSMs are watching movings, TV shows, etc during the day. Expect a huge shake up and Riffs coming (at all... — read more
2018 UHC COBRA info?
Have any COBRA users received any 2018 plan information from UHC? I looked on their website but found nothing about it. TIA
Oracle Prices $10 Billion Aggregate Principal Amount of Investment Grade Notes
Proof that the end is near. "Oracle intends to use the net proceeds of the offering for general corporate purposes, which may include stock repurchases, payment of cash dividends on its common stock, repayment of indebtedness and future... — read more
Definition of cloud revenues?
Has oracle ever provided a definition for what they consider to be and include in the financial as cloud revenue? Anybody seen it? And if so could you please post here
RESTRUCTURING ACTIVITIES Fiscal 2017 Oracle Restructuring Plan
In case anyone missed this plan that was posted a while back. http://d18rn0p25nwr6d.cloudfront.net/CIK-0001341439/6aae1efb-e6ff-44cb-9563-94b1d5ebd7e1.pdf @PA4bEb1 It's clear that layoffs will continue for a year or two.
Dreamforce (Salesforce) getting even more traction in SF
Just got back from San Francisco and Salesforce's Dreamforce is putting OOW to shame in terms of attendance and excitement. No matter what Larry says, they've got a bigger lead and more momentum. I look at my marcom talking points and wonder how much... — read more
Why Oracle is about to take a serious beating...
Oracle has built its empire on data. Times have changed and so has the amount of data, the velocity of change, and the amount of unstructured data. As Oracle "pivots" to the cloud with "non existent" infrastructure rife with vendor lock in and price... — read more
Business Reasons Why Oracle Cloud is Not Selling... And why you wont have a job for long
Just read an interesting article on why customers are reluctant to move to the "Oracle Cloud." Sadly the pivot to the cloud will impact every employee at Oracle. Starting with sales first. You wont be able to survive the train wreck. What used to... — read more
Since SPARC is dead and the Oracle Cloud is a joke, what's left for Oracle?
SPARC and Solaris are finished, and the Cloud is a failure. So what's left for Oracle? Just be a database company again?
Declining oracle cloud sales
Let’s have some fun here. Guess how much oracle cloud sales (yes, cloud washing) will decline by in Q2. I will start us off, with a guess of 20% decline.
many grounds for employees complacency these days..
The 3 stooges who stopped across the board pay raises, annual reviews and cutting basic benefits..this is what you get..field staff people who just hang around..till next pay check..and do not give a F*.. worse with their managers..this is not a cry... — read more
Customer shouted Solaris and SPARC are dead - Why support cost ?
Customer right in SF Market St, shouted Solaris and SPARC are dead - Why should I pay support cost?
MASSIVE LAYOFF COMING SOON!!!
many hush-hush hallway conversations confirming massive layoffs coming to the company very soon. The size and scale is unimaginable but the complete failure of cloud and the ERP products has major repercussions that must result in massive layoffs... — read more
FAKE NEWS on this site
There are people posting about upcoming layoffs because they want their peers to panic, find another job, and quit. In their mind this will solidify their own job security. Don’t fall for it.
Unofficial official layoff report 11/5/2017
Nothing major to report this week. Total for FY18 remains at 7,150; total since 6/1/2016 at 17,150. This is far from over, keep looking for other opportunities