On premises and cloud business at Oracle will be split in two. New clearly defined organizations will be formed to support both. I spoke with a friend earlier this week who is a sales engineering manger at Oracle. He said he has heard of a massive reorganization and realignment in sales around cloud and on premises that is slated some time in June. I am assuming this will impact all organizations, not just sales.
Good news: He was told no mention of layoffs. Bad news: He assumes that there will be, as this is a good time for people to "slip through the cracks" during the massive transition.
Interestingly enough instead of the usual list that the GVPs ask for, the one that lists the bottom 3rd performers for layoff targets, he was asked for his top 2 or 3 performers tied to current deals in flight that will close in Q1 of FY20. He was also asked for revenue number tied to those people.
His take is that the Oracle Gold CEO partner rumor of a 5 to 10% haircut in North America this summer is likely true. The HR china admission of large mutli-phase global layoffs seems a strong possibility, even the sub 100,000 employee rumor may be possible. He thinks these are not just rumors, and not the typical rumors and layoffs that occur this time every year at Oracle. Oracle may be "reinventing itself" and shedding its old skin. That means a good chance of layoffs in the process as the old on premises skin has the most employees and lion share of support revenue. The cloud organization will be the sales hubs and mostly new hires for cloud.
He sees hope in cloud database, cloud software, cloud IAAS, and cloud apps. He thinks the on premise division is slated to be formed only to be culled to bare bones. In other words if you are not cloud, you will likely be on the side that gets cut. I am simply passing this information on. Multiple rumors supporting this have been posted here in the forums, and whispered in the hallways.