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Oracle Swings axe on Cloud Infrastructure Corps Amid Possible Bloodbath at Big Red:
0.4 to 10% of corporate wage slaves could be up for the chop
Oracle has laid off about 40 people in its Cloud Infrastructure (OCI) group in Seattle – and on Friday began notifying about 250 workers at its Redwood City facility and about 100 at its Santa Clara location, both in California, that they will be let go in May.
These US-based layoffs are part of a broad round of job cuts around the globe this month, said to range from 500 to 14,000 at the database giant. The biz employs about 140,000 worldwide.
The Register spoke with an individual affected by the layoff who confirmed that about 40 people in Oracle's cloud group have been let go. The insider, who asked not to be named, recounted being summoned to an office last week with other team members, and being told to leave that afternoon.
The dismissal includes people who now face concerns over whether they can remain in the US because they're no longer employed and are here in the States on work visas. Some will have very little time to find work before having to leave the US.
[...]Despite Oracle's representations that its cloud business is booming, the recent departure of two cloud execs and an aggressive stock buyback plan have raised concerns the database giant is trying to keep its share price high while having mixed cloud results.
Magic 8-Ball says "Outlook Cloudy".
(Score: 2) by Freeman on Tuesday March 26 2019, @03:02PM (1 child)
So, is something wrong? Just standard fat cutting? Did that many people work themselves out of a job? One might assume that at a certain point, you will need fewer people to manage more servers, but a really big layoff would seem to indicate something else. There's a huge difference between 0.4% and 10% of your workforce.
Joshua 1:9 "Be strong and of a good courage; be not afraid, neither be thou dismayed: for the Lord thy God is with thee"
(Score: 0) by Anonymous Coward on Tuesday March 26 2019, @11:45PM
People are actively moving away from OracleDB. Pretty much the only 'greenfield' projects in Oracle are 'we are an oracle shop' kind of places. Anything new is one of the NoSQLs or Postrgres with a few MySQLs or MariaDBs in there. That is because SQL is decently hard for most developers. Unless you can *really* grep set theory. Most average devs use most databases as simple tables to hold massive amounts of data with a sprinkle of search. A well written DB is a sight to behold. Most are not.
It is a 1980s DB with 2020 'enterprise' prices wrapped up in a mid 1990s tech stack.
Where I work it will *never* go away. Also we sure are not adding to the problem. But I can walk down the street and they would not even bring up the website to look at it.
The writing was on the wall last year when they started to try to move JAVA into the same sort of pricing structure.
3 companies have pretty much 99% of the 'cloud' market. Oracle is not invited. Everyone remembers their previous pricing structures and Oracle gave them a recent reminder by taking away one of the markets favorite toys JAVA.
Oracle is not going away. But its current size is too big for a project that is basically maintenance. If you want to read some coding horror stories read about what people have to go through to check in code (think along the lines of 3 months to change a couple of lines of code).
Or maybe the head honcho needs another yacht or something.