Company: Oracle
Date: 2015-03-12
Overall rating: 1/5
Employment status: former

This pertains to OFSS (ex- I-flex), a wholly owned subsidiary of Oracle.
Pros: Oracle technology exposure perhaps and a (faint) possibility of international travel and placement in the long run
Cons: 1. Top management is incompetent. You should meet the RVP/VPs of consulting practices - they aren't anywhere close to the calibre of Oracle VPs
2. Company replete with cronyism
3. Process maturity is lacking. They still do waterfallish, batched releases
4. Bell-curve grading ensures most of the 70-90 percentlle talent leaves
5. Very officious Oracle policies, which leaves the onus of all financial risks on the employee - in fact, they have a barely publicized policy that allows you alter their medical insurance details during a window of one week, in the entire year. If you are on leave, caught up whatever, forget it.. you sit without insurance for the entire year. Similar tedious 
procedures on Expense/AmEx reimbursements ensures the payment is always delayed, leaving the employee to pay the fines
6. Pay is bad. Pay hikes are negligible. Often without hikes. Oracle makes a fat wad centrally, none of which reaches India.
7. Finally HR has a reverse role in this company - they are out make life of the bread-winner as bad as possible, with long winded policies. Bad tools for HCM. Pathetic recruitment (these guys lie about CTC, the bonus is usually 50-70% of said amount, on top of an already bad package)
Bottom line.. please don't get fooled and join this company for tech/exposure... there are plenty of options outside nowadays. This applies specifically to mid-senior management.. who they usually dont recruit anyway, because they are a closed coterie and very closed to new people/ideas.
8. Old product is uncompetitive. New product is forever in the making having just a couple of clients in 7 years of existence.. giving very little opportunities for the employees