Oracle Co. (NYSE:ORCL) CEO Safra Catz sold 394,081 shares of the stock in a transaction that occurred on Monday, May 1st. The stock was sold at an average price of $45.01, for a total transaction of $17,737,585.81. Following the transaction, the... — read more
26,000 Oracle Jobs Cuts - Trip Chowdhry's Analysis
I'd like to draw your attention to my post here on Oracle's layoffs.com forum - I've posted this in January 2016, so almost 1.5 years ago... In short, Trip Chowdry (Industry analyst) predicted that Oracle will shed 26K jobs as the company transitions... — read more
Denver Layoffs
Several of us in the Denver office were laid off this morning. It feels weird to be let go but it's also a huge relief. I don't know anyone who enjoys working for Oracle.
Oracle Partners - Major Blessing 4 Me
You aren't the only ones getting hosed - those beautiful Oracle partners also get hosed and eagerly await your resume for help NO MATTER what your Age! I just talked to one in my space who absolutely has 50 and 60 year olds and even a few in their... — read more
One Piece of Good News in All This Bad News This Week
So I am axed BUT If you look on Dice you can sort for contract work in Oracle areas you worked no matter what roles and WOW! there is a ton of poor installations that need fixed, or help with Oracle projects, installations, procedures, anything, if... — read more
Job Postings= Fake News
Check out all the job postings right now. Considering what's going on, do you REALLY believe Oracle has that many openings? If they'll lie about and hide layoffs, there's no reason they wouldn't post fake job openings.
What this board calls a Layoff is internally called a RE-ORG
apparently the managers are frantically handling all the terminations of the re-org today. everyone in sales who has not or is not being terminated got an email this morning inviting them to approve their territory (a tell for those not being let... — read more
Field CSM's are being let go
Just received my letter including severance. 1 month cobra. Customers complain about the CSM hub, Sales complains about CSM hub, clients complain about CSM Hub. It's Oracles way to be cheap to try to provide value to clients but it's not working so... — read more
Customers see/feel compromised field /delivery Consulting services..
with no incentives, whatsoever ( no bonus, no raise, no future prospect), delivery folks perform marginal--nothing like it was 5/10yrs ago... just to get by the assigned work-- and never go extra miles.. that is when customers-- see the truth behind... — read more
Good Luck Interviewing - Not as Easy as You Would Think with Oracle on the Resume
I was recently asked in an interview (after explaining the Oracle Pubic Cloud), what Cloud platform Oracle chose for their SaaS offerings - Microsoft Azure or Amazon AWS? - not on anyones' radar and from what I can tell its Oracle that has their... — read more
This is like the game show Survivor
For the people who still have a job, they are exhaling a sign of relief. This time it's not just sales reps, sales consultants, dev, & support but also managers. How long until the next round of cuts?
This is My Fault - Good Luck to All - Enjoy Your Age Book
Okay so I had plenty of time to take action for the last 6 months and I was too lazy to do anything about it. I SHOULD-A been taking massive action to get our sooner. Even as a senior person, I could have re-tooled in preparation ALTHOUGH hr did lie... — read more
Looks Like Mark Hurd Falsified the truth
Anyone else find this interesting? http://www.cnbc.com/2017/03/16/oracles-hurd-cloud-shift-will-not-result-in-mass-layoffs.html there are multiple articles where Hurd is quoted denying any layoffs to impact Oracle teams. Yet here we are at the start... — read more
It does not matter how great your work is!
Been in the industry for almost 40 years. Always the same. You are just a piece of meat that can be tossed out at any time. Does not matter how great your work is. Just a fact of life. My parents always had a Union to protect them. They never saw... — read more
I think the biggest loss is the talent, intellect and loyalty
I am remote and I have a day to honor Oracle and remove my personal information while protecting their PI. I think the biggest loss is the talent, intellect and loyalty. What a waste. Nature shows the value of proper balance between men and women... — read more
https://twitter.com/TheLayoff/status/869967827985477632
https://twitter.com/TheLayoff/status/869967827985477632
UK Redundancies
I'm one of at least 15 in the UK, sales and pre-sales, who had their last day today. Being the UK the severance packages are good. Best wishes to everyone.
Be Ready, Get Ready!
If expecting layoff be sure to remove personal files off as they don't give much time and my friend had to give hers back in 30 minutes. Also hr is not clear on this but you have 60 days to sign for cobra and oracle picks up the first month. It is... — read more
Layoffs - Customer Success Managers NA (June 1st 2017)
Just heard several Customer Success Managers for North America Cloud are getting their pink slips via FedEx today. Most are remote and older employees. They are getting replaced by college kids in Austin and Burlington. They bring these kids in at... — read more
Layoff are happening in North America Sales - It's not fake news
I just got a call from management. The layoffs are happening in North America Sales today. I'm being laid off after 14 years of service.
Support in Europe coming to an end
Its the end of all support in Europe, only Romania will survive... ...It is not just a layoff plan its a massive restructure. Posted by: @NzmxvVi-urr . Final notice for France will be June 6th. So rumors tell, next country in line is Spain (sometime... — read more
France
And it is starting in France, again. Our yearly layoff plan just arrived today...
Self Service-HCM Cloud To Find New Position June 1
Last June 1, we would go to self service, then HCM cloud and it would tell us who our manager is and who is on our team. Checking today, looks like HCM cloud has a different layout and doesn't give you that info. Obviously Aria will not be updated... — read more
JOBS! at Oracle - 1000'S of them - Why the F--- arent they re-purposing?
ob description Responsible for delivering training on Oracle methodologies or product/solutions to sales and sales consulting personnel. Ensures successful delivery of training engagements with a high level of satisfaction. Provides sales or Oracle... — read more
Oracle Reorganizes Every Year
Why are we all up in arms (all of the sudden)?
DB reorg
Just was told by mgmt that some DB teams are being reorg into larger DB teams. Of course no details as upper mgmt has no clue what they are doing.
Can anyone confirm? "If you weren't told you're safe,,, you're fired"
Is there any truth to this rumor that managers were telling people today whether they are safe or not?
Hardware SEs - 1:1 Meetings on June 1st
Hardware SEs update - Our whole team has one-on-one meetings with our manager on June 1st. Odd thing is - we make our numbers and get nothing from PaaS or SaaS .
SaaS Sales Reps Layoffs
Received a call from a colleague who got the axe just this morning. Sales rep. Its the housecleaning of anyone who didn't perform as prescribed in Q4 who was on their watch list. It was SaaS rep.
US field office closures?
Just out of interest , has then been any word on office closures within the smaller based offices in the US that have been acquired through various acquisitions over the years? (such as Hyperion, BEA, Siebel, Primavera). Locations such as: Stamford... — read more
what about useless OCS management? they are the one to get wiped out..top to bottom
many active customer law-suits, no bonuses, high paying scum managers, ..hey MH/LE..you know about that?????
Managers with info- let's go, leak it
Come on guys. This is a 136,000 employee company. If there's something in place for june 1 or june 2, then it has already been drawn up and is waiting to be executed. As such, come on. Have some backbone. Leak it here, it is anonymous. If you don't... — read more
June 1st - any updates?
Today's May 30, was wondering if anyone has seen any 1-1 meetings set up for June? Or like someone was saying, all fake news?
Options for Sun
Option awards are out and we are valued less this year than last year. Soon will see how EVPs and above get compensated. Handsomely I presume.
At least we'll have time to watch the America's Cup!
If I get RIFed this week at least I'll have time to watch the America's Cup in Bermuda. Larry's spent hundreds of millions on sailing and it's great to see that investment pay off. Go Team Oracle!
Oracle will be a $70 stock shortly
Oracle makes money and profit.... There are massive profits to be made from the cloud it doesn't matter if they s--- or not. They will continue to acquire and I suspect a very big acquisition in the cards. They have the data, the hardware, the apps... — read more