#layoffrumor

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DO NOT Be "Let Go" Silently

Copy and paste link below to view post. Don't accept "NO".

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never ending story

i got cut by oracle in 2018... it was the textboo way to do it... there were rumors of layoffs for a few weeks (then a one to one with my manager)!

a month’s notice, time for handover meetings, plus sh-t trainings for finding a new job or setting up as a consultant. there was also the option of a redundancy pool, along with 6 months of redundancy pay. about 3K of us were cut at that time.

now it seems like when it’s 30K, oracle threw all that good practice out the window and told everyone to f off via email overnight, with all access immediately revoked.

i guess clay magouyrk is a sh-----d who models himself on the musk school of management, whatever that means. safra katz seemed like a decent person who had helped rehabilitate oracle’s corporate reputation to an extant (i have reservations abouth her too) only for it to go down the sh-t-drain again.


No layoffs yet in EU, any news?

AFAIK no one has been affected in EU during this round. Last time it took about 1-2 months for layoffs to arrive there, so I would expect end of this month or end of May. Does someone have any intel? Or has someone in EU been affected already? I would not count on this round being over already.


Is it true?

Is it true that parts of the business are about to sold off?
FMS, that’s Mono pumps is apparently about to be sold one of its larger competitors!
If it’s true then it’s great that we will soon be managed more professionally but I’m sure it will lead to cuts as they have a lot of duplication of roles!
Brush up on your German guys, it’s about to get interesting


Big layoff coming in may

Ford management is planning big layoff in Ottawa soon,
Most of ce xxxx work and new platform work are moving to lang island. All remote and disgruntled employee be prepared for another big layoff. Don’t feel disheartened if you are in the list. It’s all about money and cutting cost. Lot of boomers may get impacted soon.


Who Decides?

I’ve heard that managers don't have input in layoff decisions. Does anyone know who actually decides who gets cut? Is it a Director, VP or is it HR, Finance, or someone else? If manager input isn’t used, what specific criteria do they rely on? Please share if you have firsthand experience.