This money is set aside annually for s-xual harassment suit settlements, sales commission suit settlements, and other employee related suit settlements.
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Topics regarding layoffs at Oracle Corp.
All of you in locations that have been/ look like they will be affected by coming layoffs - alert your local media and your stare and Congressional reps to oracle behavior. Bring them up to date on oracle strategy and templates69.rus that’s already taken... read more
Several meetings took place both in person and via conference on a layoff schedule for HW. Managers were asked to rank employees in order of importance and then recommend who to let go in March and who in June. HD will absorb org in June. Trick here... read more
As Oracle is now basically a SaaS holding company and is laying off field sales, it's time for practical SaaS services that Oracle executives can really use! Choose from one of these outstanding new Oracle cloud products: MLaaS: A new Machine... read more
So while we wait...and between resume revisions and interviews, what are the best binge-worthy shows?
Replacement of Cloud UX VP and Fusion Apps UX VP signals the start of a large scale layoff within orgs. Viva La Mexico
The fate of about 300 people hang in the balance. About 100 sales people, about 60 sales consultants and a hundred of so staff in hardware field sales hangs in the balance. Here is the interesting thing, the sales people will be given a 90 day plan... read more
Following the consultation period between the Company and the Employee Representatives as part of the collective dismissal procedure, you are hereby called to attend a meeting with the Human Resources Department on Wednesday, February 21st, 2018 at... read more
Hurd and Kurian were gungho about fusion cloud at customer briefing sessions. Is there still hopes for FusionApps and Oracle Cloud ?
Any former employees received their 2017 W2s from Oracle? Still waiting for mine.
So do most in NA feel that we'll get standard 60 days WARN for field sales and field sales engineers? So before the typical reorg, does that mean April 1? Have seen several Oracle Digital people move to field roles so managers are clueless to higher... read more
No major layoffs this past week. Total for FY18 YTD remains at 7,775; total since 6/1/2016 at 17,775. See other threads for potential major layoffs coming done the road. Keep looking for new jobs. Be well all!
It pays to make friends in people in HR and facilities with Oracle. I've been able to triangulate what is happening, on what appears to be a global scale. At months end (Q3) March 1st 2018 and then the final blow June 1st 2018 as Oracle offices... read more
Oracle - Cambridge, MA Senior Software Engineer Reports To: Senior Director of Engineering This individual will be a senior member of the Engineering organization supporting Oracle + Dyn Edge. Primarily focused on delivering the implementation of our... read more
Big push for IPaaS. MH is on a rampage major meetings this week. Fusion Apps management called into big meeting Wednesday next week (valentines day). Its not just financials, a few were impacted a couple of weeks ago. I heard plan is to eliminate... read more
Is Oracle Systems going the ARM route? "Renee James: The company is named Ampere. We’re a new semiconductor company building hyperscale cloud processors to be used in storage as well as servers, based on ARM 64. We’re an ARM licensee, so we’re... read more
Getting ready to part ways with big red but have over $3K outstanding expenses lingering in the new cloud expense system. Anyone know the process when leaving and getting expenses paid?
Outside of Oracle and HP people are aware of MH and his list of short comings. He has terminated over 52,000 American jobs, driven NCR and HP into the ground and is busy working on a third here at Oracle. His strategy is pure slash and burn. He... read more
It seems that the 2010 HP thing keeps haunting MH. Another law suit popped up in July 2016 that took years to resolve. Our intrepid Hero MH successfully dodges more bullets than Neo in the Matrix. He was able to wiggle out of the fraud charges just... read more
I was RIF'd but I love Oracle too much that I want to find a job with them somewhere somehow. Has anybody who got RIF'd been rehired by Oracle? How did you manage it?
In 2017 each of MSFT, Google and Amazon spent more than $11 Bn on cloud compared to Oracle $2bn. Over the last three years each of these companies has invested more than $30bn on cloud compRed to Oracle $5bn. No wonder their clouds work and generate... read more
No major layoffs this past week. Total for FY18 remains at 7,775; since 6/1/2016 at 17,775. Expectations of significant layoffs to come before end of FY. Keep looking! And best of luck in your job searches !
value chain mgmt - over staffed - big cut soon - non performing BAs and hom working sr mgrs(read BA in disguise) in India may be kicked out next month
/ Severance packages of over one billion dollars will be paid out by June 2018... muhahahaha!
Now that the systems organization new reorganizations been announced and the after getting rid of several SVP and VP levels is is the sales and sales consulting reductions. What is really happening is that Tech leadership (DK and LLG) been... read more
In 2007, Hurd was recognized by Fortune magazine as one of its 25 Most Powerful People in Business. He has been named multiple times by Business 2.0 magazine as one of the 50 Who Matter. Hurd was featured several times in Barron’s in the... read more
Hey guys, got this from my old manager. For what its worth he told me MH has been meeting with a number of business partners to transfer what he calls "Heavy Lifting." A great deal of the message is around hardware, but even more so is centered... read more
It should be no mystery why MH loves the cloud. MH is know for being an aggressive cost cutter, doing so much cost cutting he does damage to every company he works for. He now has a platform to take this message to all the corporations in the world... read more
I thought this would be a fun exercise. See if you can figure out who's bucket list this is. No names will be given, no initials... Just well document actions. Rise to the top of a major publicly traded corporation. Check. Focus like a laser on... read more
Well, the past few years have been rough for Oracle on the legal front. They lost 3 Billion over the itanium fiasco with HP. Oracle lost to former sales reps who sued for commissions that were not paid. The SEC may be investigating them for certain... read more
I worked for an Oracle Platinum Partner, and I've been in meetings with MH twice. He is very proud of his cost cutting plans. In the summer of 2016 he got full approval to move forward with his Oracle Digital Plan. He was quite chummy with our... read more
What's the word?
There was post here earlier, and I don't see it anymore. Is someone deleting this posts? If so, why?
On 25th and 26th Jan some of the US employees were part of layoff. 29th and 30th Jan a lot of Indian employees are part if layoff. More are expected om 31st and 1st Feb. Note: If you get a sudden meeting invitation for a 1:1 with an improper or... read more
Help your friends and colleagues get out of oracle. If your company is hiring send have them post the jobs here
Another last Thursday of the month, another layoff at Oracle - templates69.ru machine is up and running again after the Holidays. Looks like 500 people this time in Fusion Apps, PeopleSoft and JDE. That brings the total YTD FY18 to 7,775; and the total... read more
My sources tell me that there were layoffs last Friday at the old PeopleSoft campus. Reason given was that they opened a new office in Mexico in the same timezone with cheaper people. Anyone affected?