Speaking from someone in HCM... CX isn't a great product, but there were some great people in CX. They'll have to keep CX around, but I imagine they'll treat CX like they've treated the sunsetting of Taleo.
The tough part is, what do you do with the pieces of CX that are supposed to interface with other Fusion Apps, like incentive compensation? That'll be interesting to see what happens there.
This quarter's showcase for new Fusion features was bells and whistles that all came from the CX product. The long term plan, called Sequoia, is to merge CX and Fusion but with the CX team gutted I'm not sure how CX will survive. It still have numerous big name customers and is still better positioned for B2C transactions.
I do not think Oracle exec think in terms of people quality. That requires long term planning and long term commitment. They are all here to accumulate as much money as possible in a short window that opened up for them. Yeah, some are lifers, but that is super rare and even lifers know they can be gone in no time.
The OP uses logic and rational thinking, I do not think that is the case with the execs.
C - as in Ex.
It is a solid set of products. Nothing game changing, but solid.
The Taleo example doesn't make sense. They are replacing, or upgrading as Oracle would put it, the acquired product, Taleo, with Oracle Recruiting Cloud. They already replaced Siebel, Eloqua, etc with CX Cloud. I very much doubt they are going to sunset CX.