Oracle insiders said Jason Maynard, the company's new marketing group leader, is tasked with cutting costs and has been dubbed 'hatchet man.'
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1. Tasked with cutting costs, Oracle's new marketing team leader has been dubbed "hatchet man." Oracle's marketing team "imploded" following layoffs and the departure of its CMO this summer. NetSuite exec Jason Maynard was tapped to oversee the new, slimmed down organization — but some insiders are skeptical.


Maynard's new directive is to keep costs down, current and former employees said. With a background in finance and a laser-focus on revenue, sources say Maynard may be the right person, at the right time, to lead Oracle's sales operations and marketing. 
However, some employees have raised concerns, citing his lack of communication and enterprise expertise: Since Maynard's appointment as the head of Revenue Operations, he has only had one call with his staff, according to a person familiar with the situation.
That lack of communication has contributed to the "complete chaos" sources described to Insider following widespread layoffs in August.

Meet Oracle's "hatchet man."
In other news:







Apple / editing by Insider


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Odds and ends:







Silas Stein/picture alliance via Getty Images


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Curated by Jordan Parker Erb in New York. (Feedback or tips? Email jerb.com or tweet .) Edited by Hallam Bullock (tweet ) in London.

Source: Business Insider

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