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
that Oracle is 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.
As Oracle's cloud grows, the high Seattle wages and overhead costs were "not sustainable," the former middle manager said. More importantly, as Ellison hinted, Oracle has this year settled on a cloud strategy that differs from AWS, Azure and Google Cloud, and that gives the company a real chance to become an important cloud player for its customers.
The company has now smartly decided to focus on building a cloud specifically optimized for customers of its own on-premises database and software customers. It wants those customers to move their Oracle apps to Oracle's cloud, rather than let them be scooped up by AWS, a competitor who is encouraging Oracle customers to ditch Oracle's software. and began encouraging its customers to use Azure for needs other than Oracle's apps, making the two clouds work well together.
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