$65 per share now up 5%+ today. I'm planning to refi my home to invest in ORCL as they're the future of the cloud.

https://theintercept.com/2021/02/18/oracle-china-police-surveillance/

Do you think the severance package was fair in the latest layoff? I got into an argument with a coworker because I was going off on the company and he said that at least the severance was more than fair and will provide the people who were laid off... — read more 

Honestly, not a shred of good news has been reported about Oracle recently. Sure, some false PR around cloud deals that turned out to be vapor has scummed its way into the news, but this train wreck is real and it’s impossible to look away.

The irony is rich. No state tax = POS infrastructure Too funny

Hello, I have recently received a message from my manager saying that I could take at my convenience a day per week for Self-Learning time, which means that I will not be receiving new requests on that day. This comes in a time when we don't have a... — read more 

https://www.prnewswire.com/news-releases/oracle-announces-cloud-customer-experience-updates-301225676.html It's about time. There's no longer anything preventing Oracle from taking over the #1 spot in the cloud market! Woo hoooo!!!!

I can't decide if that's just TK doing what he has always done best or he has been planted there to sabotage Google Cloud. Just joking, the latter option would require more brains than available in Oracle. Article link:... — read more 

cloud engineering is a mess group with no clear direction and processes in place. There is a re-org everyday and i think VK and MH are under the pressure to show revenue which is not happening. There hasnt been a successful project that has gone live... — read more 

What is it going to bring ? More layoffs or just structural change ?

The clock's run out on TikTok: "TikTok’s forced sale to Oracle is put on hold" https://techcrunch.com/2021/02/10/tiktoks-forced-sale-to-oracle-is-put-on-hold/ "Oracle’s TikTok acquisition reportedly “shelved”... — read more 

Most of the time, people who get laid off from Oracle are being done a favor. They'll end up getting a better job, with better pay elsewhere. The only exceptions are those who are doing nothing and being sheltered/protected by the cronies above them... — read more 

Have any of the former employees tried applying for any of the opening at Oracle right now? I'm still in touch with a former coworker who was laid off three years ago. He has recently lost his replacement job and has tried applying for a few openings... — read more 

So many people are wondering if they can find a job past a certain age and stressing unnecessarily over it. There are jobs out there and there are jobs for people in our age group. There are plenty of companies that value and welcome experience if... — read more 

aka managers(l1, l2, director, etc) who has been working for this company 5-8 years. They are the root cause of our business. Get ride of them.

There is a significant reorganization and layoff coming to OCI in the coming weeks. The revenue and utilization growth that was forecast and promised by top OCI leadership to LE and SC has not materialized. Things are growing at around 25-35% of the... — read more 

Feeling motivated? If you haven't read between the lines, last week's message was "get out while you still can". It's only about saving money on redundancy payouts, and now everybody is officially "notified" after they're being sued for not notifying... — read more 

Long time OCIer here, 5+ years in Seattle with that group. One of the OCI OG’s. I’ve seen the handwriting on the wall for OCI. Yes it is a business that JUST hit a $1B run rate. It is growing, but slowly. I’m in the final stages of... — read more 

I divide managers into four classes—the clever, the lazy, the stupid and the industrious. Each manager possesses at least two of these qualities. Those who are clever and industrious are fitted for the high appointments. Use can be made of those who... — read more 

Heard OCI is demoting the IC4s and IC5s they got from OCI-C, citing performance reasons to IC3 and IC4s. Also, they are trying to decrease the pay. In the process, they lost many OCI-C engineers and OCI-C projects are now in trouble. What the f– is... — read more 

CW top 10 Cloud War's February 2021 Cloud top 10 ranking has been updated... https://cloudwars.co/cloud-wars-top-10-vendors-world/ Microsoft Amazon Google Cloud Salesforce SAP Oracle ServiceNow Workday IBM Adobe

As most of the latest posts are 6-8 days without an update,, and the rate of new posts has declined significantly, I can only assume that the chances of layoffs right now are low. That, or the people in the know are not taking!. Watch. After I... — read more 

https://thumbs.gfycat.com/BlackandwhiteSmugDragon-size_restricted.gif

Oracle, after announcing in December that it would move its Corporate Headquarters from Redwood City in Silicon Valley to its campus in Austin, Texas, and after putting its 17-story office tower in San Jose up for sale, thereby becoming part of the... — read more 

https://www.bizjournals.com/sanjose/news/2021/01/21/oracle-corp-life-science-redwood-city-belmont.html Not long from “Redwood Shores is overflowing” to cutting back on real estate at HQ.

I work in the hardware org and I am concerned about layoffs. Does anyone here know how much server revenue has dropped this quarter? (Eg, year over year, since Q2, etc). Also, do the RIFs track revenue decline? Or in other words does a 10% decline... — read more 

I've been gone for a number of years now and I'm just curious if anything is left of either organization. They had their share of dead wood, but they also had some great people too.

I heard restructuring is possibly taking place on the GSCO SalesHelp team. Any insights as to whether this means layoffs or not?

This is Oracle. Layoffs are happening on a daily basis. Either accept that or move on.

With that all hands today with new leadership, anyone sees a potential reorg ?

Any news? Heard there is a reorg.

Oracle burns through sales people and treats them like expendables, and everyone knows that. So pay attention to which business units Oracle sends its leads to and that is where Oracle wants growth. The H/W divisions currently get zero leads. Even... — read more 

I want to work on Oracle projects but don't know if I'm smart enough.

Possible Layoffs 1/22 —- “Week of 22nd Jan – Will let everyone know where they fit in the structure.”

https://www.bizjournals.com/sanjose/news/2021/01/06/oracle-corp-downtown-san-jose-class-a-office.html says that Oracle has put the former BEA tower on Almaden in downtown San Jose up for sale after moving remaining employees to locations in Santa... — read more 

Just a heads up on the phased shut down of the Oracle HQ as the move to Texas begins. It's not a "one and done" layoff. Not everyone is given the offer to make the move. Expect a slow trickle to begin soon over the next couple of months. Lots of... — read more 

With the start of a new calendar year, and next fiscal planning in process, does anyone have any insights or predictions on organizational change? Hopefully something more than a chicken little panic that the world is coming to an end, but what will... — read more 

Ever wonder why they played videos of salespeople from Wolf of Wall Street and Boiler room during training to try and motivate everyone to sell? If I recall it didn’t turn out too well for those individuals in the movies. Not the best example... — read more