So far we have only heard North America, Europe, and some APAC. How is the rest of the world doing? Does Oracle even have enough people to RIF in LATAM, Middle East, or Africa?
Where is Albert Hammond?
The guy who sang “It Never Rains in Southern California”. With the move of HQ, we need a new release, because this week shows just how true the song remains. Seems it never rains in Southern Austin Texas Seems I've often heard that kind of talk... — read more
Where are they now?
The folks who were pushing how wonderful Cloud World was going to be, what a bright new future was ahead of us, how visionary our leadership was. Probably laid off, along with several presenters and Directors!
Layoffs In Nashville TN
The number isn’t announced yet. They were given 1 week notice.
Their vision for this company
I wonder if the leadership has any vision for the future of this company, or if they only care about the money in their pockets? Unfortunately, I don't think they care too much about the future of Oracle.
Who needs Halloween when you can work at Oracle?
Let's count the ways this company is scary: Little to no communication about the broader going ons. Layoffs that form via rumor and drop like an ax. Constant fluffing up versus the competition despite little proof. A workforce that... — read more
I would be grateful
It's a bit ugly to say that because there are many who, despite everything, care about this job, but I would be grateful to get paid to leave here. Oracle has long been just wasting my time and draining my energy. If I knew what to do to get on the... — read more
Autonomous Database
The Remarkable Autonomous Database: Self driving, Self securing, Self updating So much so that we don’t need humans to install, run or maintain, let alone configure! Grid forbid! Perhaps that is why two database support teams were ‘Self Riff’d’... — read more
Where is the shocking news
In the previous Quarter results meeting, LE told that there are some major customers who are migrating from AWS to OCI and their identity will shock you. I didn't get any further updates on the shocking news yet, can anyone share?
It seems the new cloud strategy is to run Oracle DB on rivals clouds such as AWS, Azure, Google Cloud etc…
However by doing so, rivals, such as Microsoft has tried with Azure, could convert their clients to switch to their own DB using conversion tools; if this can be done fairly easily, it seems this new Oracle cloud strategy seems risky and Oracle could... — read more
< 2% Marketshare - Should Have Named it CloudTown instead of CloudWorld
The entire event was a snooze - announcing a bunch of me to services and the keynotes seemed like they were all from the Mainframe era. Trying to deflect with all the hybrid cloud talk which is still discounting cloud. Nobody wants to pay for... — read more
some loser spend their lifetime at Oracle
stop talking, jump off the ship now.
It may never be possible to attract such people again
Buckle up for more layoffs to come. What is totally demoralizing is that they are cutting some of the best performers. What a mistake! Not only they may never be able to attract such quality and capable people again, but - what message is Oracle... — read more
Expect Extreme Layoffs in November, $519 million Left and most likely will be paid out over the next few weeks
This summer there was a rumor of 1 billion being floated around by the Oracle execs for severance packages. From the latest 10q we know that number was finalized at $888 million. Plans are in place and it's up to figure out what they are. This... — read more
Which OCI orgs are impacted ?
Anyone from new Cerner division in OCI?
An interesting read - not hiring from the "Tech Hubs"
https://www.businessinsider.com/oracle-avoids-job-seekers-from-san-francisco-new-york-seattle-2022-10
The writing was on the wall
Nobody wants OCI. Just being honest. Selling it as a rep or tech\architect is like having your nails removed with plyers. Most customers are ready to slam the door in your face. The only saving grace you have is if they like you personally - they... — read more
Business Insider: https://www.businessinsider.com/oracle-layoffs-north-america-cloud-technology-organization-2022-10
Business Insider: https://www.businessinsider.com/oracle-layoffs-north-america-cloud-technology-organization-2022-10
Layoffs with AEs?
I’m seeing some layoffs yesterday among the cloud BD org, but am yet to see any shakeups with the actual sales reps. Anyone seeing different?
Larry Ellison fought internal battle to ki-l Oracle's first-generation cloud
https://www.theregister.com/2022/10/24/ellison_oracle_cloud/
Be prepared for layoffs throughout the week
I'm betting you there'll be layoffs throughout the entire week. Usually, if there are cuts, they start on Tuesday. The fact that this started on Monday says enough about what we might expect. And I don't care what the leadership might have said or... — read more
Quite layoffs
https://www.businessinsider.com/oracle-layoffs-north-america-cloud-technology-organization-2022-10 Any update regarding above?
Oracle Laying Off More Employees
Oracle is laying off additional employees just months after a round of layoffs led to “complete chaos.” Companies large and small have been slashing spending, freezing hiring, and laying off workers amid the worst economic downturn in years. Oracle... — read more
CloudWorld was a Damned If You Do/Damned If You Don't Moment for Oracle
I spoke to someone who went to CloudWorld. They were a developer and said that most of the event was marketing and there wasn't as much technical information. Given the layoffs that occurred today, it should be evident to anyone that the event was... — read more
Anyone ever seen layoffs like this at Oracle?
It seems indiscriminate. Looking for someone who was here maybe back in ‘08 or any previous downturns. Did lay-offs look similar to this? They are laying off top performers, entry level people who don’t command high salaries, engineers, sales etc... — read more
OCI - Almost as good as AWS!
If you are stuck with Oracle already, migrate to OCI. We will give you some “support rewards” to make you less dissatisfied. It’s almost as good as AWS 😀 plus we will throw in a signed picture of LE on his island. Oracle cloud jail isn’t that bad... — read more
It really is insane
It really is insane and asinine to be able to hold a cloud world and then begin layoffs promptly after in all things CLOUD. You tell the world how great the platform is and how all these companies are coming to it but you apparently have that much... — read more
Have any layoff communications been made?
When AK was cut in June, marketing was shuffled into individual Zoom calls and told verbally, but directed not to share anything on Slack (communications were being tracked, they said). When JL was cut, it was much of the same. Has anything been... — read more
Layoffs in NACT
Welp, looks like it’s happening today. Seems to be mostly in OCI / Mark Hura’s org.
Layoffs In Vinay Kumar’s org happening
Layoffs are happening in Vinay Kumar org right as i type this
What is the justification of keeping in America
employees who are under work visa when Americans are being let go?
According to 10q there are $519 million left allocated to restructuring
Which means there are $519 million reserved for severance packages cost; Let’s suppose the average severance package in high salary areas such as North America, Western Europe is $25k, it would mean the number of upcoming laid off employees would be... — read more
As The Oracle World Turns, Week of 10/23
With CloudWorld now over, up next is the long, slow ride to additional layoffs. In between Gartner MQs for some products, there isn't much to look forward to for O employees, is there? What's the scoop this week and who's got bets on layoffs and... — read more
The Wheels on the Bus...
https://www.youtube.com/watch?v=ki_R_4FcFK0
ave Imperator, morituri te salutant
Cloud world is over. Now the fun begins!
Next Wave of Oracle Layoffs Likely (259 Million) in first Week of November
Best guess is Tuesday November 1st ... 1 week 2 days and 13 hours as of this post. I expect this to be at least 259 Million in packages and using first in first out, people hire recently will be the first out the door. Sorry for the new hires you... — read more
Oracle Cuts Talent Spending on OCI, Its Biggest Cloud Bet
Oracle insiders say that even its all-important cloud unit is being dragged down by new restrictions on hiring — a major turnaround for a unit that usually gets whatever it... — read more