Topics regarding layoffs at Oracle Corp.

Topics regarding layoffs at Oracle Corp.

Oracle stock price

Based on positive results and more than expected the stock price of ORCL has spiked.. Do you think it will reach 60$ soon or will go down in few weeks ?

10 a.m. conference call - Oracle + Dyn redundancies

On November 21, 2016, Oracle announced it had signed an agreement to acquire Dyn. “Dyn’s immensely scalable and global DNS is a critical core component and a natural extension to our cloud computing platform,” stated Thomas Kurian, President of... — read more 

Oracle is a marketing company

https://seekingalpha.com/article/4271700-oracle-marketing-company?source=2800:read_now&dr=1 Oracle is not a company good at creating innovative tech, but it is a genius at marketing mundane tech to enterprises.

more cost cutting

People in Sweden used to have a private healthcare provided by ORACLE. It looks like that is no longer the case and they have changed it, effective immediately for everyone so that people need to pay to visit the doctor through the insurance... — read more 

Unofficial official layoff report 6-23/2019

No major layoffs this past week. Total since 6/1-2106 remains at 24,186. Quite clear from various announcements that layoffs will continue in dribs and drabs and many existing units will be allowed to “melt” away. Keep looking for opportunities... — read more 

ORCL HW revenue for FYs

Year Rev Cost Profit (m) 2019 3704 - 1360 = $2344 2018 3994 - 1576 = $2418 2017 4152 - 1653 = $2499 2016 4668 - 2064 = $2604 2015 5205 - 2287 = $2918 2014 5372 - 2357 = $3015 2013 5346 - 2391 = $2955 2012 6302 - 2889 = $3413 2011 6944 - 3316 = $3628... — read more 

ORCL HW total revenue

ORCL HW total revenue (m) 2019 $994 2018 $1115 2017 $1114 2016 $1283 2015 $1407 2014 $1466 2013 $1431 2012 $1577 2011 $1830 2010 $1831

Oci and Recent results

How much is oci’s share in recent results? Couple of managers from oci reached to me saying ‘really good time to join oci and its going to get exciting in coming days’. Not sure if they are just baits but wanted to know, Is oci really contributing to... — read more 

O LinkedIn campaign?

Is Oracle conducting a PR campaign in Linkedin? What are you folks seeing? That would almost be funny

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| 1001 views | | 1 reply (June 22, 2019)
Post ID: @OP+ZFYRqlg

S.C. and Romania

So where does Romania stand with regard to SC these days? It was such a love affair a few years back. Is the bloom off the rose, the lipstick off the pig, or do the people of Romania still love her?

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| 1080 views | | 1 reply (June 21, 2019)
Post ID: @OP+ZFAqeGV

Getting paid for buying back shares

It should now be clear to everybody that since oracle is not experiencing any growth and the increase in EPS are due to share buybacks using oracle cash, what the 3 stooges are really getting paid for is using oracle cash to buy back oracle shares... — read more 

Oracle gender pay lawsuit

Bloomberg: Oracle women fight for class action status in gender pay lawsuit. Check it out

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| 1052 views | | no replies yet
Post ID: @OP+ZFzp8tf

Raises anyone?

What's up with raises at Oracle? Industry estimates state that 3% should be the average raise for good workers, and 2.5% for average workers. But not at Oracle. Oracle delayed their employee raises for a FULL YEAR. Rather than their 3 to 6 month... — read more 

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| 9461 views | | 12 replies (last September 18, 2020)
Post ID: @OP+ZFNa9DY

O market cap going nowhere

Forget about the share price, it’s a function of share buybacks; look at the total Market Capitalization - which tells the true story and which is going nowhere. O Market cap was $171 Bn June 2014; now it’s $206 Bn, up 20% over 5 yrs - lame compared... — read more 

They have fooled the market for now

No immediate layoffs. They already occurred to make the numbers look OK this quarter. Oracle still has a lot to do to make it: Oracle's customer's hate Oracle Oracle's employees hate Oracle Lots of defections to Google indicate those higher up know... — read more 

Kudos to our teams!

I'd like to give a toast to success! Thank you to each of you whose effort and hard work contributed to our tremendous continuous success - with revenue coming in at $11.13 billion (versus $10.95 expected by Wall Street we have, yet again... — read more 

Cloud ARR?

Was there any mention of the cloud ARR on the call? This is the only number that matters for the future of oracle. Was I asleep or did the 3 stooges just happily skip past it?

Did SC really say that?

Let me see, in the last 12 months oracle bought back 734 million shares worth $36 billion - is that right? That’s a staggering amount of money to waste on oracle stock! Desperate!?

25k Bonus for Solution Engineer??

Hi, How much is the average bonus per year for Oracle Cloud Solution Engineers? I know the base salary is $60k. Thanks in advance.

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| 2030 views | | 6 replies (last June 30, 2020)
Post ID: @OP+ZEwplUK

Sounds like the end of the road for SUNW

"Sales of Oracle’s servers declined 11% in the period. Catz said the company has chosen to “downsize our low-margin legacy hardware business,” which Oracle acquired when it bought Sun Microsystems." Very sad to see a wonderful company the victim of... — read more 

5k new autonomous DB trials in Q4

I almost fell out of my seat when I heard that! I would love to know how many of those trials are real. My BDC use to sign up anyone with a pulse including college interns and people that had absolutely no decision making power to influence any type... — read more 

Did MH just say...

did he just say that Support shrunk 25% and netsuite grew 27% ? Is that a dollar value offset and what impact does support shrinking 25% have? Did he mean that?

Food for thought

Let's put aside our differences in opinions for a moment. I know there are those of you laid-off here and are unreachable. Most of the posts/predictions here are decidedly garbage. This message is for those who are on both sides of the fence. Oracle... — read more 

Oracle stock is going to be just fine...

Still holding mine since 2010... Buybacks, a decent dividend, and tons of engrained relationships with Fortune 500 companies means there's no way this stock is going to drop 20% in the forseeable future. Think Wall Street will like the partnership... — read more 

Israel Layoffs

Ravello / Israel - small cuts: US tech giant Oracle is laying off dozens of Ravello employees in Israel, sources have told "Globes." Ravello's development center in Israel has 70-80 employees, more than half of whom have been summoned to pre-layoff... — read more 

Downgraded before earnings call

Ouch! It’s a rare feat for a company to get down carded the day of the earnings call, but oracle managed to pull it off. Impressive!

Promotions and New Hires

It makes me laugh how negative some of you guys are on here. All I can say is that in the UK and EMEA there have been plenty of new hires and promotions in the Consulting Sales org and the Retail and Hospitality GBUs. I really don't see the doom and... — read more 

Oracle to lay off dozens in Israel

https://en.globes.co.il/en/article-oracle-to-lay-off-over-half-ravello-employees-in-israel-1001290055

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| 780 views | | no replies yet
Post ID: @OP+ZC08iMt

Layoffs at Oracle Ravello

Oracle acquired Ravello in 2016. The company provided a VMware to public cloud migration solution. They have been part of OCI since working on VM stuff and migration. About half the people (40-50) have been given notice.

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