Thread regarding Oracle Corp. layoffs

6 replies (most recent on top)

The same posts over and over again are completely boring.

by
| | Reply
Post ID: @e4+1k36xp0w5

@dv that is a good question. ORCL keeps their revenue to expenses for any BU pretty formulaic and ratchet down costs to wring every last revenue dollar from a dying business. Since 2017 they've doubled that return. Right now revenue is mostly flat but they've been cutting HW costs by 10% each year for the last three financial years. It might be the end game for the HW BU.

by
| | Reply
Post ID: @e3+1k36xp0w5

@bf 2017 all over again. Will they be able to support customers through 2037?

by
| | Reply
Post ID: @dv+1k36xp0w5

SUNW is the ca$h cow which keeps ORCL afloat. But yes it got absolutely annihilated last week.

by
| | Reply
Post ID: @bf+1k36xp0w5

Is anyone even left in the HW org? I heard it was decimated.

by
| | Reply
Post ID: @b6+1k36xp0w5

HW got hit last week. It’s uncertain whether that’ll be the last wave.

by
| | Reply
Post ID: @am+1k36xp0w5

Post a reply

: