I hear a lot of old timers (I am an old timer as well, just to make it clear,) complaining about millennials taking over Oracle and ruining the company, but frankly, all I'm seeing is an influx of young minds eager to learn and try to make this place better. Yes, there are some bad apples, but on the whole, I think this is a good thing for us.
Am I really the only one from my generation who feels this way?
“Keep in mind, no old-timers built AWS, AZURE, NETFLIX, TWITTER, FB, etc.”
You are wrong my friend. I don’t know about Netflix, twitter and fb but both AWS and Azure has tons of old timers still calling shots right from top all the way to the bottom.
Business Development Managers at Oracle are terrible, lazy, and have never closed a sales deal in their entire career. They just collect a nice salary to sit their and be a day-care sitter. A lot of "class-of's" quit because they hate their boss. A lot of "class-of's" that get promoted into sales are in for a rude awakening because they have been fortunate enough to live in fantasy land for an entire calendar year.
I keep on hearing this nonsense about 'cutting costs.'
The irony is most newbies are making the same, if not more, than the ppl who have been there 10+ years.
Also, it's the natural ebb and flow of life: out with the old, in with the new. One can only mitigate that by keeping up with skillset/technology. However, too many old-timers think their 'wisdom' and/or 'experience' should compensate for it. It doesn't.
They immediately become embittered and blame everyone but themselves when this is pointed out to them via lay-off.
Keep in mind, no old-timers built AWS, AZURE, NETFLIX, TWITTER, FB, etc.
It's a lot like acting, you are only as good as your last performance. No one gives a shieet about what you worked on 5 years ago.
Neither new or old, but what I see is that the newbies of 3-4 years ago were much better than today's. It is not a question of age, but quality, which is declining.
The average age of a corporate CxO even in a small-medium company is 45-55 years.
Send them someone in their mid twenties and you have an experience/credibility gap of 20-30 years.
This is bad for both sides.
The rep can never advise someone 20 years his senior and the CxO gets no value from the rep.
Oracle is not alone in this. IBM and SAP are also doing the same to cut cost and offset the lack of revenue growth since 2010. Look at sales productivity in these companies and you will see a drop of 50%.
Nothing against any age group. It's just the way things work.
There's no compression algorithm for experience.
Old timers are being replaced by cheaper Indians h1b
It's a good thing when this happens organically where old timers walk off into the sunset and "new timers" come onboard to replace them, learn the ropes and take up the mantle. This , I believe, is what OP refers to as a good thing.
What's happening at Oracle is that "new timers" are not trained enough/ there's nobody to train as the old guard is let go to cut down Operational Expenses.
The millennial are also smart enough to write self-praise themselves faking as old-timers. "Young minds" who are "eager to learn" can be complemented by the huge experience which comes with being old timers.