Oracle is hiring 2,000 people for its cloud business after laying off untold thousands earlier this year, and an insider explains why it’s a smart strategy (ORCL)

Oracle on Tuesday announced it would be hiring 2,000 people for its cloud business in technical and business-operations roles.That’s an insignificant number compared with its almost 139,000-strong overall workforce, but there are several strategic reasons why Oracle might want to tout these jobs.For one thing, Oracle has been undergoing several rounds of layoffs this year,…

Oracle is hiring 2,000 people for its cloud business after laying off untold thousands earlier this year, and an insider explains why it’s a smart strategy (ORCL)

Oracle on Tuesday announced it would be hiring 2,000 people for its cloud business in technical and business-operations roles.That’s an insignificant number compared with its almost 139,000-strong overall workforce, but there are several strategic reasons why Oracle might want to tout these jobs.For one thing, Oracle has been undergoing several rounds of layoffs this year, which included cuts in its cloud business units.So the announcement of its hiring plan helps Oracle show the world that its cloud business is healthy and growing.One former employee we talked to explained how Oracle has finally this year settled on a smart and winning strategy amid the larger cloud wars, in which Amazon Web Services remains the dominant player.Click here for more BI Prime stories.Oracle on Tuesday announced it would be hiring 2,000 people for its cloud business in technical and business-operations roles.Hiring 2,000 people is an interesting reason to put out a press release. With a worldwide headcount of nearly 139,000, another 2,000 employees would grow its headcount by less than 1.5% — which is just about its general rate of employee turnover anyway. For instance, Oracle right now lists 8,000 job openings on its site.But there are several good strategic reasons why Oracle may have made this announcement. For one, earlier this year, Oracle laid off untold thousands of employees, including the issuing of pink slips to a swatch of technical folks who worked in Seattle on its cloud, Business Insider previously reported. Announcing a new wave of hiring is a way for Oracle to signal to the world that it’s continuing to invest in a healthy cloud business. Read more: As Oracle’s growth stagnates, insiders say that its all-important cloud business has suffered layoffs, infighting, and confusionAnother reason: Chairman and Chief Technology Officer Larry Ellison told investors last month that Oracle was growing its cloud “as fast as we can other than building data centers that are empty.” In other words, Oracle is focusing its cloud growth to respond to customer demand instead of building out huge data centers first and then trying to sign new clients later.So calling out these 2,000 job openings is way to underscore Ellison’s message last month.Trim employees there, hire them hereBut the news isn’t just public-relations fluff.The
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