My stocks are turning into ashes. What a bad decision it is in name of transition to AI and making employees as scape goats. I never received recognition, money, promotion, perks, hikes. All I was given was a little stock bonus over years. These stocks linger in lower 100's when META and other stock go beyond 500.
Useless management style going with adhoc decisions always. You layoff talented employees and work with ... .....
Stocks might come up but not employee morale. Its completely broken now. Even you stand up its going to take years to rebuild this. You build an empire in sky without a customer and without any money losing all your talented people.
If stock rises up again, I will sell immediately. All my years of blood shedding for this company has evaporated
26 replies (most recent on top)
@1pk And dont forget - all these cuts are just freeing up funds to thrown down the same AI gutter everyone else is, in complete and total desperation. AI is proving to be the biggest scam in corporate history, it will eclipse the dot com crash many times over. All these people being let go by Oracle are not being replaced by an AI agent, it's stuff that is now not getting done or is stuff they are expecting others to do along with their other jobs. Sounds like a recipe for disaster, no?
@13a ,
The 10K report says $300M left over which contributes around 2000 roles in head count for layoff. So Oracle still has room to layoff from 3500-6000 based on the channel postings.
The total estimated restructuring costs associated with the 2026 Restructuring Plan are up to $2.1 billion and will be recorded to the restructuring and other expense line item within our consolidated statements of operations through the end of the plan. We recorded $1.8 billion of restructuring expenses in connection with the 2026 Restructuring Plan in fiscal 2026. Any changes to the estimates of executing the 2026 Restructuring Plan will be reflected in our future results of operations.
Hmm, Oracle stock is going down because of the bloat caused by Preferred stock.
https://www.tradingview.com/symbols/NYSE-ORCL/PD/
Oracle is impacted more than it shows in papers. Its going with SPV route to hide everything. Starting small entities and pushing finance to that small companies to protect its name and credit score.
Check 10-K they just failed
Freudian slip?
Below 100 is where ORCL belongs.
@h2 Or by all accounts for Microsoft.
You can’t diversify RSUs that haven’t vested.
Oracle hitched it's wagon to openAI and now OpenAI is going to fail. There is a very real likelihood that Oracle goes bankrupt with OpenAI.
It's all Botox Larry's fault.
@f3 I think massive new layoffs are coming regardless of what the stock does. I don't know if investors are in the mood to gamble on a company that behaves this way.
Question: has any massive gamble on AI paid off yet? It sure hasn't for Meta according to the latest news.
@f3 Yes, I want the stock go lower. Much lower.
All you je-kffs applauding while the stock craters must not work for Oracle. If you did you would know that these bottomed-out stock prices can only translate to one thing --- massive new layoffs. F** you
iIt would go to 130 in the next couple of weeks. Check 10-K they just failed, anyone waiting for stock options from last year?
If you take on billions in debt, you’re responsible for repaying the principal plus interest, and the stock market reacts strongly to that kind of financial pressure. Add to that the $1.8 billion in severance costs from layoffs, plus having fewer employees to handle the actual workload, all while facing a $630 billion backlog, it creates a situation that investors are understandably sensitive to.
"don't cry too much, ORCL was up to 143.39 today"
140.72 at the moment
Its 140 now. Seems more crashing. If it gets below 132 it will be doomed.
Its pathetic to see such a big company is crashing because of new entrant OpenAI and dependence on it.
"don't cry too much, ORCL was up to 143.39 today"
141.48 at the moment
I wouldn't buy stock in ANY company that hired me!
OP is a clown, metals? LOL
OP, the word is stock not stocks if you are referring to shares in a single company like Oracle. You have stock in Oracle if it is one share or a million.
If the stock stresses you out sell it.
@a2 lol silver stacker spotted
Yeah, SUNW was a total POS
Learned my lesson with SUNW !!
don't cry too much, ORCL was up to 143.39 today
Keeping RSU is risky
Keeping all your company stock is too risky. Diversify immediately.
The time to get out of the market was years ago.
Don't wait for the stock you're holding now (or any stock) to go way up...it ain't gonna.
Cut your losses and sell now, then put that $$ into Precious Metals.
Get the real deal: the physical, not paper.
There is a heavy need for PMs for industrial use, and they hold value over time.
Yes, recently there's been a bit of a dip (which means now's a good time to buy) but overall, if you look at the charts, you'd be hard-pressed to find a stock that's risen as much in terms of percentage over the years/decades as PMs. Look at the charts in the right margin:
https://silverprice.org/
It's bad enough that you've invested so much time and energy into this company, feeling as you do about it now.
Don't be a bag-holder for them, too.
Look for another job, and convert stock into PMs.
It's all apt to come crashing down soon...position yourself for success.