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  4. Oracle Layoffs

Oracle Layoffs

Scheduled Pinned Locked Moved The Insider News
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  • R Offline
    R Offline
    realJSOP
    wrote on last edited by
    #1

    Oracle Has Started Laying Off US Employees With More Cuts Expected[^] $1b reduction in expenses...That's a LOT of people. That headline only mentions US employees, but the layoffs are world-wide.

    ".45 ACP - because shooting twice is just silly" - JSOP, 2010
    -----
    You can never have too much ammo - unless you're swimming, or on fire. - JSOP, 2010
    -----
    When you pry the gun from my cold dead hands, be careful - the barrel will be very hot. - JSOP, 2013

    R P J abmvA N 5 Replies Last reply
    0
    • R realJSOP

      Oracle Has Started Laying Off US Employees With More Cuts Expected[^] $1b reduction in expenses...That's a LOT of people. That headline only mentions US employees, but the layoffs are world-wide.

      ".45 ACP - because shooting twice is just silly" - JSOP, 2010
      -----
      You can never have too much ammo - unless you're swimming, or on fire. - JSOP, 2010
      -----
      When you pry the gun from my cold dead hands, be careful - the barrel will be very hot. - JSOP, 2013

      R Offline
      R Offline
      Ron Anders
      wrote on last edited by
      #2

      Oh my.

      1 Reply Last reply
      0
      • R realJSOP

        Oracle Has Started Laying Off US Employees With More Cuts Expected[^] $1b reduction in expenses...That's a LOT of people. That headline only mentions US employees, but the layoffs are world-wide.

        ".45 ACP - because shooting twice is just silly" - JSOP, 2010
        -----
        You can never have too much ammo - unless you're swimming, or on fire. - JSOP, 2010
        -----
        When you pry the gun from my cold dead hands, be careful - the barrel will be very hot. - JSOP, 2013

        P Offline
        P Offline
        PIEBALDconsult
        wrote on last edited by
        #3

        Resting on one's laurels doesn't pay the bills.

        1 Reply Last reply
        0
        • R realJSOP

          Oracle Has Started Laying Off US Employees With More Cuts Expected[^] $1b reduction in expenses...That's a LOT of people. That headline only mentions US employees, but the layoffs are world-wide.

          ".45 ACP - because shooting twice is just silly" - JSOP, 2010
          -----
          You can never have too much ammo - unless you're swimming, or on fire. - JSOP, 2010
          -----
          When you pry the gun from my cold dead hands, be careful - the barrel will be very hot. - JSOP, 2013

          J Offline
          J Offline
          jeron1
          wrote on last edited by
          #4

          Shirley, as a billion dollar US company, they qualify for government handouts.

          "the debugger doesn't tell me anything because this code compiles just fine" - random QA comment "Facebook is where you tell lies to your friends. Twitter is where you tell the truth to strangers." - chriselst "I don't drink any more... then again, I don't drink any less." - Mike Mullikins uncle

          1 Reply Last reply
          0
          • R realJSOP

            Oracle Has Started Laying Off US Employees With More Cuts Expected[^] $1b reduction in expenses...That's a LOT of people. That headline only mentions US employees, but the layoffs are world-wide.

            ".45 ACP - because shooting twice is just silly" - JSOP, 2010
            -----
            You can never have too much ammo - unless you're swimming, or on fire. - JSOP, 2010
            -----
            When you pry the gun from my cold dead hands, be careful - the barrel will be very hot. - JSOP, 2013

            abmvA Offline
            abmvA Offline
            abmv
            wrote on last edited by
            #5

            Layoffs had already begun in Oracle's advertising unit, which cut about 60 people last month, Insider reported. Meanwhile, top executives like Ariel Kelman, its chief marketing officer, and Juergen Lindner, a marketing leader, are expected to depart the firm. The cuts come amid big changes for the Austin, Texas, company: Oracle last month won regulatory approval for its $28 billion purchase of the medical-records company Cerner and is absorbing its roughly 20,000 employees. The database company reported better-than-expected earnings in June, with a 5% revenue increase from the year prior and cloud revenues of $2.9 billion. Oracle Cloud Infrastructure, its cloud platform, still lags AWS, Microsoft, and Google Cloud in overall market share.

            Caveat Emptor. "Progress doesn't come from early risers – progress is made by lazy men looking for easier ways to do things." Lazarus Long

            We are in the beginning of a mass extinction. - Greta Thunberg

            1 Reply Last reply
            0
            • R realJSOP

              Oracle Has Started Laying Off US Employees With More Cuts Expected[^] $1b reduction in expenses...That's a LOT of people. That headline only mentions US employees, but the layoffs are world-wide.

              ".45 ACP - because shooting twice is just silly" - JSOP, 2010
              -----
              You can never have too much ammo - unless you're swimming, or on fire. - JSOP, 2010
              -----
              When you pry the gun from my cold dead hands, be careful - the barrel will be very hot. - JSOP, 2013

              N Offline
              N Offline
              Nelek
              wrote on last edited by
              #6

              I don't know why, but I suppose they legal department is not going to be affected... :rolleyes:

              M.D.V. ;) If something has a solution... Why do we have to worry about?. If it has no solution... For what reason do we have to worry about? Help me to understand what I'm saying, and I'll explain it better to you Rating helpful answers is nice, but saying thanks can be even nicer.

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