Thread regarding Oracle Corp. layoffs

SC is an I-banker with no understanding of the real world and especially technology, singularly focused on an alternative reality in her spreadsheets. And the result? Oracle’s decline! Way to go SC!

SC says that growth by acquisition is cheaper than organic sales costs. LE BOUGHT IN TO HER cheaper sales costs by aquisition long ago.

Oracle historically screws sales reps over and post-sale cuts any comp. This is increasingly hurting the business as churn and employee bad blood. Couple this with little to no internal reinvestment in the acquired assets and you have two things:

1. Pissed off customers

2. Dying products

In today’s modern tech age this equals one thing: loss of market share

Turning this around by entrapping people with oracles DBaaS, LE’s new brainchild, is Long shot. LE doesn’t have enough years left to do it. #Truth

Two two post below are an excellent example of a useful post vs. useless one.

On the eve of ORCL Q2FY18 quarterly announcement, I decided to do a bit of reading on past quarter reports. The key takeaways would be - (1) The steady to accelerating decline of New License revenue. This is where ORCL's bread and butter on-premise RDBMS sits. The decline goes back as far as Q4FY14. For 3 consecutive years now, RDBMS revenue has been clocking in -ve growth, and of late, as double digit declines. ORCL relies on the much loved support renewal revenue to try prop up the numbers (2) Restructuring costs in Q1FY18 is up 25% - $124mil (3) Since NetSuite's acquisition in Nov 2016, SaaS numbers look impressive as it would in a merger. But after 1 year, analysts will be interested to see how ORCL can meet growth projections organically. Lastly, ORCL does not offer enough details or breakdown in their reports. That is evident throughout the report but yet they get away with it with the analysts ... so far.

The 3 stooges are completely disconnected from customers and the market, as are of course the decisions they make. Redwood shores feels more and more like a certain house on the east coast, a white one, in its complete and total detachment from reality. Definitely similar mindsets

Oracle is like an elephant being attacked by 3 dozen lions and eventually will wear out.

I like this analogy. I can see LE, MH and SC huddled together on the elephant in some little hut on it's back. The elephant is fighting off the lions, but they're all talking together in their huddle and they have no idea what's going on below them.

You mean to suggest that having a bunch of kids fresh out of college sell nonexistent cloud junk doesn’t work? Wow, that a shocker, not! The 3 stooges are such total dingbats.

The thing about Wall Street is that you can only overcook something for so long before they smell the burning.

When was the last time you saw a press article talking about cloud that mentioned Oracle as one of the players? The only remaining question is how long until executives are forced to walk the plank?

People still believing in Oracle Cloud ?? lol .. LE is an old man now, Oracle Corp is so corrupted. I guess what go up must come down. There are so many tough competitions in all products. Oracle is like an elephant being attacked by 3 dozen lions and eventually will wear out.

The wheels are falling off and the layoffs will become more public now.

Under $30? $5 would be too much for this junk yard

70% of the HCM & ERP divisions have no pipeline.. mgmt is freaking out.

Q3 will be worse than Q2.

I'm still predicting stock under $30 by the end of calendar year 2018. I've sold mine.

repercussions of hiring low quality h1b. Bubble will burst eventually for all corps.

Cloud washing only gets you so far and only for so long. Here comes the CRASH!