Posted here to allow Mr Hurd's words to speak louder than the sniping from commenters here. https://www.recode.net/2017/7/5/15917638/transcript-oracle-co-ceo-mark-hurd-onstage-cloud-computing-saas-on-recode-decode

I think that Oracle is right to restructure and to layoff those who are not cloud savvy. I think the right place to do it is at the executive level. On the business side MH, SC, RG should be let go and the tech side TK and HD should be replaced by... — read more 

Just saw this in my feed - Microsoft is doing exactly what we've done - they are consolidating and reorg-ing sales teams to put more emphasis on the cloud. They do not know what's the impact yet, but I am sure they are underestimating how profound... — read more 

Looks like HR took thins last week off, so we remain at 4,000 laid off for FY18 year to date and, 10,000 for FY17, for a total of 14,000 since 6/1/2016. More layoffs coming in the coming weeks and months, so keep looking for a new job and leave asap... — read more 

And yes, I was RIF'ed in March. No warning. http://www.businessinsider.com/ibm-and-oracle-may-be-the-biggest-losers-when-it-comes-to-shifts-in-it-spending-2017-6

I have worked as Technical Engineer in consulting services and picked up a lot of new skills while working at Oracle. It is sad that Oracle did not envision about Cloud services and they are late in the game. I have worked on multiple on-premise... — read more 

Got my last check yesterday. There are a lot of good people still at Oracle, but there are far more that have left. Frankly, Oracle has been losing good people since Hurd was introduced into leadership in 2010. The new model with OD driving sales... — read more 

Haven't seen any posts about layoffs this past week, if you're aware of any speak up so we get it recorded

Some of the managers we know didn't want to stay. Sadly they are not fit and need help with people skills. So the moral of the story is stay or learn. Universally it's the same as they stay. Currently there is a brain drain of smart leaders. Kind of... — read more 

The 10 best San Francisco Bay Area companies to work for: SFDC is numero uno; oracle not on the list - no surprise there.

I see the final good byes are coming on the email. I did not find a job in 30 days either. So, VPN will be deactivated shortly. Happy Independence day from Oracle !!

Got my paperwork a few weeks ago, and after a few days of thinking about things, I can't say I disliked my time at Oracle, but neither did I like it. They destroyed the technology I have worked on for the last 8 years, and left a great team of... — read more 

A fairly straightforward question here: What have been your experience with Oracle-Skill focused headhunters (I am not talking about our internal Oracle Recruiting arm)? I've had several experiences, mostly negative. Some have treated me like if I... — read more 

"In 2016, Amazon (AMZN), Microsoft (MSFT), and Google (GOOG) collectively spent $31.5 billion, the majority of which went on to build data centers. In comparison, Oracle spent a meager $1.7 billion on increasing its cloud data center capacity last... — read more 

Oracle's loss is an apt metaphor for oracle's business - just plain not competitive. N.b. Kiwis won 7 - 1, no contest and that is exactly what it looks like in the cloud business - oracle is losing hands down. Time to replace the senior team running... — read more 

From very credible sources I am hearing that groups in WWOPs, not supporting cloud, will be reduced by 50% in September. Anyone else heard rumblings of this?

Doom and gloom, right? http://www.msn.com/en-us/money/smallbusiness/oracle-nabs-bofa-as-new-cloud-customer/ar-BBDgPI3

House of cards…. https://finance.yahoo.com/m/35692144-b0e8-3544-a07b-3e77d2234e83/oracle-q4-results-aren%27t-as.html

Team oracle going the way of oracle the company: down a sh&t hole into oblivion!

Another 500 laid off this past week, bringing the total for FY18 which started 6/1/2017 to a total of 4,000. This is in addition to the 10,000 laid off during FY17 (6/1/2016 - 5/30/2017). No respite in sight, assume layoffs are ongoing and will be... — read more 

SC donated Oracle millions to the Montana election. Largest donor to the Republican candidate. Millions she could have used to save our jobs instead of layoffs. I heard rumors MH us about to be removed and he needed to show huge profits so he hired... — read more 

Two field engineers laid off March and three FE's yesterday. A total of 5. Existing field engineers where downgraded: IC3's to IC2 and IC2's to IC1. This is a very bad lookout for all FE's around.

All the pay cuts, changes in comp and bonus, cuts to overtime and now half my team is gone. Why bother? Its obvious they don't want field sales engineers. I'm tired of waiting for my number to ocme up. This used to be a dream job. Now its a... — read more 

Layoffs announced for Oracle Spain: Oracle anuncia un nuevo ERE - Oracle comunica el comienzo del proceso de despido colectivo que afecta a 252 companeros/as Tweet: https://twitter.com/ComiteOracle/status/877854152608497664 Scanned notification (from... — read more 

Rumors say that Oracle Germany layoffs will be at the of the calendar year 2017, beginning 2018. Like Q3 FY18.

RIF in Progress in Oracle..and it will continue until 2020. This is their next 3 year plan...Out with the "old" and in with the "new" - but they don't think abt the value and knowledge gathered by all those seniors and actually "drove" the company to... — read more 

Does anyone have anything definitive on the HR policy of taking severance and getting rehired?

https://lcolumbus.files.wordpress.com/2017/02/best-cloud-computing-companies-to-work-for-in-2017.jpg there are like 50+ other companies that employees rank higher than good ol' oracle. no surprise there. our CEO's and Leadership are disconnected. the... — read more 

I'm out June 30th, but everything I read in the Separation FAQ and the Terms and Conditions suggest that employees in Sales and Sales Consulting are eligible ("eligible"?) for bonus payments for time through separation. Anyone have any actual... — read more 

252 people loose their job in Spain , it has been announced, who's next Germany?

Looks like the cloud strategy plus cutting dead wood has paid off.

I've decided to pack my bags and leave Oracle. I must admit there still are a great number of really good people still at Oracle and I will miss them. In all honesty there are more good people that have left Oracle than remain. I have had a new... — read more 

Seen this movie before, HP went up on MH cost cuts and then crashed into oblivion. Now it's oracle's turn

Whoever made that other post about it hitting $50 is just wrong.

For the idiots posting these last comments, wait until its your turn next to be tossed aside like a Dog and we will see what snide comments are made on here. Hopefully you will continue to have a great like and existence. Yeah for you.

Let's hope this is the end of all the negativity on here from disgruntled ex-employees. Just to be clear, there are no RIFs in progress. There is only strong growth for Oracle Cloud and getting a blue chip on board like ATT means Oracle Cloud will... — read more 

They must be doing something right.

Although I think you let go of a really great person (me) who could have been another 15 to 20 year great asset for you, and although you screwed me and many others who should have been given first rights and re-purposed, I hope your financial... — read more 

http://event.on24.com/wcc/r/1336956/9522DB531752C62DA844A47C300A94F1

Whispers only so far as everyone keeping their heads down. Looks like about 5% gone.