As Oracle's growth stagnates, insiders say that its all-important cloud business has suffered layoffs, infighting, and confusion

Summary

Employees tell us that Oracle has been quietly laying off thousands of people all spring and that they fear there's more to come.

A Wall Street analyst said that Oracle's growth had been paltry at best and that it seemed to be losing market share in its critical database business.

Oracle needs its old-school software revenue to stay strong while it remakes itself into a player in cloud computing, a market it entered late and where it trails the leaders Amazon Web Services and Microsoft.

Meanwhile, there was a political battle between two cloud groups at Oracle, won by the newer team, based in Seattle. But because that group has very few customers and Oracle is cutting expenses, it was not spared from the layoffs.

The situation has left some employees feeling frustrated with what they describe as a chaotic, political work environment.

https://www.businessinsider.com/oracle-insiders-describe-slow-growth-chaotic-cloud-unit-2019-5

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beside the OCI team, is there any other team affected by this layoff?

anyone know which team is affected beside the OCI team? is the OIG, IDCS team safe?

Just wait until earnings are announced. It’s gonna be a bloodbath.

Haven't you been saying the same thing every quarter for the past few years? Ever heard of the story of the Boy Who Cried Wolf?

LOL - Oracle has always been a political environment. Whoever is being quoted must be noobs.

Is 3.0 like 2.0 only working? Or is it 1.0 but working?

@Zd8vQWe-1xys

Cloud 3.0 = 3x more down time @ 3x the cost + 3x the marketing hype :?

and maybe DJ will have to hire people at least 30 years old....

This is an important new product in the history of the company. It just sounds like they are botching it up. Must be miserable to work in that adversarial environment.

If you believe the rumors, Cloud 3.0 is coming this summer.

Cloud 3.0 anyone?

It's been laying off people quietly for 2 years or more

No paywall

https://outline.com/guStYk

Paywall

The journo is clueless and needs some drama. If you work for Oracle, you know whats up...

Exactly right -cfw. The replacement of the “old” cloud with the “new” cloud was always the plan and not a surprise to anyone when I was there. Of course, the execution pretty much was a disaster for teams and customers.

It was actually never a "political battle". When the Cloud 2.0 group in Seattle was formed a few years ago, it was always understood company-wide that their product would be the winner. Keep in mind, that the Oracle Classic "cloud" offering (if you call it that) at that time was a band-aided pile of cr-p scripts. For many reasons (mostly just too late to the market), Cloud 2.0 has not been successful but there was resent because they got the budget, salaries, and internal mindshare.

Thread regarding Oracle Corp. layoffs

As Oracle's growth stagnates, insiders say that its all-important cloud business has suffered layoffs, infighting, and confusion

15 replies (most recent on top)

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