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Oracle Swings the Layoff Axe

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Re: Oracle Swings the Layoff Axe

#51

Post by keyle »

pololee wrote: post #47

I was one of the people being let go in this round. I moved to Seattle and joined OCI as a Senior Engineer at the end of Jan 2019. Yesterday when I came to the office and was doing my work at 9:00 AM, the whole team about 20 people were called by VP to have a meeting at 10:00 AM. He said the whole team got terminated. We had to turn in the computer by 12:00 PM and leave the office by 3:00 PM. There was no buffer time…

Sorry to hear this sucks. Try to look at the silver lining, you don't want to work for such a company. I hope you find something very soon.

Re: Oracle Swings the Layoff Axe

#52

Post by why_only_15 »

ssalazars wrote: post #43
kplex wrote: post #39

Who is actually spending money on Oracle Cloud Infrastructure? Is it just organisations who are too deep into the Oracle ecosystem to go anywhere else?

high paying multi million dollar companies https://cloud.oracle.com/en_US/iaas/customers

Interesting that few of those are tech companies. For comparison, AWS's list is mostly tech companies: https://aws.amazon.com/solutions/case-studies/

Re: Oracle Swings the Layoff Axe

#53

Post by erinnh »

analognoise wrote: post #31
JohnFen wrote: post #30

Earlier quoted context omitted.

I'd choose "none of the above".

Unless you've got a mortgage, young kids, a family member to take care of, or you like to eat consistently. I lot of people talk big about not taking those jobs, but those that actually follow through are extremely rare.

If you have the pick between Oracle, Google and Amazon, youd likely also have an offer at a different company. So its a valid choice.

Re: Oracle Swings the Layoff Axe

#54

Post by inertiatic »

Twirrim wrote: post #46
alexeldeib wrote: post #36

Earlier quoted context omitted.

Why do you think Oracle has a chance at cloud? Honest question. Their competition at the low end is Google, which doesn’t bode great on quality, and with AWS and Azure they’re fighting on quality and against strong enterprise groups. Not sure who would predict that would go well, but it’s a big market and I suppose they have to try. I’ve seen Oracle cloud jobs and admittedly balked, no bone to pick with them but don’…

> Why do you think Oracle has a chance at cloud? Honest question. Because Oracle still has an extremely large customer base, and an exceptionally good and extensive sales organisation that's really good at selling stuff to people. The enterprise market is still not that well tapped by existing cloud providers. Look at the kinds of sales figures enterprise serving companies pull in, and consider that only a smaller fr…

Honestly as an individual contributor not holding any stock, what more can you ask for?

Whether the company's long term plan pans our or not is mostly irrelevant to whether you're able to do your best work.

Re: Oracle Swings the Layoff Axe

#55

Post by ineedasername »

mancerayder wrote: post #35
Spearchucker wrote: post #10

Earlier quoted context omitted.

I despise Oracle. And yet if faced with a choice I'd work for Oracle without hesitation before working for Google or Facebook.

From an ethical perspective, Oracle is mean to tech (open source, buyouts and so on, mean licensing setups with companies). On the other hand, Google and Facebook seem to contribute more to tech while being absolutely vile to the general public. Cutesy yellow and green bicycles and thumbs up signs don't negate the societal harm these companies have done by vacuuming personal data and selling it at such scale. Then ag…

Higher Education, colleges and universities, are generally excellent work environments with excellent benefits. Depending on job, salary isn't always competitive with the tech sector though.

Re: Oracle Swings the Layoff Axe

#56

Post by president »

abvdasker wrote: post #45

A close family member of mine worked for Oracle as a mechanical engineer for 6 years. He had survived many rounds of layoffs at Sun before it was acquired by Oracle and at StorageTek before it was acquired by Sun. He described a depressing corporate culture at Oracle with a seemingly infinite number of middle managers. One of his co-workers spent most of his time in the office managing his real estate business. Larry…

What you're describing is general corporate culture after a company has experienced its hayday. Usually all the passionate people including original founders have cashed out, exited the company, and there is nobody left that actually cares about the company. There is a lot of room for mistakes and not delivering results because money grows on trees. People end up skating by and milking their one-hit-wonder cashcow product for years. Politics becomes rampant and an endless supply of bad hires cause the company to slowly rot to its death.

Re: Oracle Swings the Layoff Axe

#57

Post by Anardo »

abvdasker wrote: post #45

A close family member of mine worked for Oracle as a mechanical engineer for 6 years. He had survived many rounds of layoffs at Sun before it was acquired by Oracle and at StorageTek before it was acquired by Sun. He described a depressing corporate culture at Oracle with a seemingly infinite number of middle managers. One of his co-workers spent most of his time in the office managing his real estate business. Larry…

"spent most of his time in the office managing his real estate business" That is a lucky guy!

Re: Oracle Swings the Layoff Axe

#58

Post by ineedasername »

sgwae wrote: post #3
samstave wrote: post #2

I wouldnt be able to say why anyone would want to be working at oracle these days. What compelling reason does oracle even have to attract talent? (Im not being snide, seeious questions)

If we compare software engineering to retail, not everyone can work for walmart (Google), but have to make do with the random dollar store chain (Oracle). There is only so many decent jobs you know.

If Google is Walmart, who is the high-end retail? Exciting startups?

Re: Oracle Swings the Layoff Axe

#59

Post by ineedasername »

kplex wrote: post #39

Who is actually spending money on Oracle Cloud Infrastructure? Is it just organisations who are too deep into the Oracle ecosystem to go anywhere else?

> too deep into the Oracle ecosystem to go anywhere else

This is certainly part of it. I read something around the time of a quarterly earnings report recently that spoke about how OCI revenue was increasing rapidly, but was doing so by cannibalizing traditional revenue sources.

Re: Oracle Swings the Layoff Axe

#60

Post by scarface74 »

analognoise wrote: post #31
JohnFen wrote: post #30

Earlier quoted context omitted.

I'd choose "none of the above".

Unless you've got a mortgage, young kids, a family member to take care of, or you like to eat consistently. I lot of people talk big about not taking those jobs, but those that actually follow through are extremely rare.

Raises hand.

I can absolutely with all honesty say that I would never work for a large company. I worked for a Fortune 10 (non tech) company for 3 years out of my 20 year career and I said never again. Large companies are too stifling and too regimented for me. Even if I didn’t have to move from my low cost of living area and a I was offered a job at a FAANG, I would say no.

Well with one exception, I might be willing to work for AWS as a consultant.

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