Go to My Oracle > Personal Info > My Compensation. It’s shown effective June 1st (meaning June 15 paycheck will show it).
FY20 Changes
Has anybody heard anything regarding fiscal year changes within your department? Let's use this thread to compare what we hear folks.
Q1
Here we are no massive layoffs- typical from the dead weight employees who were fired for great cause or disgruntled
oci chaos
RIFs, PIPs, and demotions coming to an oci team near you. Gonna be a busy month of June. Business schools take notice. There is a great opportunity for a case study on how to destroy an organization.
Brave new Oracle Global Corporate Project starts tomorrow!
Whole slew of senior executives left in FY19. Tomorrow the "Global Corporate Program" starts, head of HR Asia Pacific said that huge multi-phase reorg was underway which would result in massive global layoffs when she dropped the layoff bomb on 1,600... — read more
Moving to the Cloud
This is what happens when you move to the cloud! You move from a OTC revenue recognition to a monthly revenue recognition. THIS completely changes how you go to market. IBM is stumbling it’s way thru this, and Oracle is now starting to stumble thru... — read more
How much more cuts by the end of the year?
If the second part of the year is going to be anything like the first patt, we might finish this year a record number of layoffs in the companies history. How much more do they plan to cut this year?
Why does Oracle have 2 CEOs, paid an outrageous amount of $ too?
Why does Oracle need 2 CEOs? And, MH and SC are at the very top of the list as highest paid CEOs! Safra Catz • Most recent annual compensation: $108.3 million (tie) • Company: Oracle • Revenue: $37.7 billion • Number of employees: 138,000 Mark Hurd •... — read more
Cricket noise...
cricket noise. nothing happening, no email, everyone is waiting! Who has a joke to tell?
Mandatory all hands meeting tomorrow
Anyone get a meeting or an invite like this? Anyone get a fedex package alert from Oracle Corporation USA? Anyone getting a calendar invite for mandatory 30 minute phone call from your manager? That's how it went down for me. Not all all hands, just... — read more
Safest orgs/teams
What are safest orgs/teams in Oracle to work for? With no politics, bullying, b---s--- and layoffs.
This is an intimidation tactic
And it's working. These constant layoffs are creating such an unhealthy work environment that many people are leaving to avoid having to deal with it each day - and have it affect their mental health. And when people leave on their own, Oracle does... — read more
Since when did cutting hundreds of jobs start falling in the category of stealth layoffs?
I know we’re a big company and all, but it seems to me that we have become used to layoffs to the point where we consider cuts of a three-digit number of employees to be smaller layoffs that don’t require any “fuss”. I got used to the media not... — read more
oracle-worrisome-parallels-with-ibm
https://realmoney.thestreet.com/investing/technology/oracle-worrisome-parallels-with-ibm-14975648
Oracle performance reviews
I got an offer from Oracle recently. Not sure if I should take it or not but I have question on performance reviews. How does Oracle performance reviews and ratings happens amid all these layoffs. ?
The probem is at the very top
And I don't mean the 3 stooges. There a lot of negative comments throughout this forum regarding the 3 stooges and I do not disagree with any of them. But in a "normal" corporate structure it's the Board of Directors that is ultimately responsible... — read more
How the mighty fall
So is Oracle in stage 4: grasping for salvation (wasting money on the Seattle group) or stage 5: capitulation to irrelevance or death?
May 28th: Report: Hundreds of engineers laid off at Oracle amid cloud infighting
Taken from: https://www.bizjournals.com/sanjose/news/2019/05/28/oracle-cloud-layoffs-orcl-amzn-msft.html since it is a paywall of some sort. Oracle Corp. has spent months quietly cutting jobs across the U.S., with some employees worrying that as much... — read more
Stock price is falling, why?
https://finance.yahoo.com/quote/ORCL?p=ORCL
No future here
Oracle as represented by the two CEOs and grandpa LE, has no plant to survive, on the contrary the company is being liquidated. Look at the $72 BILLION they have spend on share buybacks! All the experienced people they’re laying off and replacing... — read more
Tekelec/Oracle
Executives at U.S. telecom hardware maker Tekelec Inc. told Obama administration officials that a Brazilian customer had been approached by Huawei with an unusual offer: get free Huawei equipment in exchange for turning over Tekelec gear. People... — read more
There's little mention of the marketing/creative folks who Oracle cut loose in March
This is a lovely post that highlights the human cost of layoffs. It's nice to see a team supporting each other during challenging times (this also begs the question, why lay off creatives?):... — read more
For all the doomsday commenter, can you explain all the OCI Win Wire instances
If you are not riffed, and you are in OCI you should be getting the OCI Win Wire emails with instances of how OCI is bit by bit taking market and gathering users. Can you explain those in your next post? :-)
How does Oracle plan to survive while it’s stagnating?
You don’t have to be a rocket scientist to figure out that, in today’s economy, growth is the only indication that the company business is healthy and that it is in no danger of collapsing. I haven't seen any grot at oracle for a fair amount of time... — read more
Oracle Global Services Limited
Oracle Global Services Limited has been registered in the UK. In practice Oracle Scotland Limited has been renamed on the 20th of March 2019. See information here https://beta.companieshouse.gov.uk/company/SC246876 Interesting note from the latest... — read more
Oracle fails in execution and under investment
You can always think about what the most awesome cloud that you could build, but that isn't where Oracle fails. Oracle fails in execution and under investment. They will never catch up until they put their money where their mouth is and invest for... — read more
Class Action Lawsuit Update - Must Read
for all of you trying to figure out why Oracle is laying off so many people you might want to read the most recent updated Complaint regarding Oracle's Cloud Business. To access the March 8, 2019 Complaint go to www.blbglaw.com and select "current... — read more
Is Oracle really that bad?
I personally don't think so. Yes, we don't have job security. But very few people in our industry do. Other than that, I have no major complaints about my job. Meanwhile, I know of a few people who left and are not too happy where they landed now... — read more
Stack ranking is a failed concept
If they are doing secret stack ranking, yet everyone believes it is a merit system, then how the heck does that allow you to properly evaluate your progress, worth and career? As Admiral Ackbar said “It’s a trap!”. It’s disingenuous. It’s a... — read more
When is bonus payout for development this year?
which month is bonus payout for this year for development?
Larry’s ego
Is oci just built on Larry’s and DJ’s ego? TK might be right but he was managed out
Cost cutting is not a strategy
The only thing the two so called CEOs and tired old grandpa Larry preoccupied with his young girlfriend seem able to do is cut costs by laying off people and replacing them with less experienced and expensive ones to maintain EPS and buy back massive... — read more
Should I stay or should I go
Not sure if I should stay at the company and risk a RIF or leave. Any advice anyone can proffer?
Unofficial official layoff report 5/27/2919
No major layoffs this past week. Total since 6/1/2016 remains at 23,686. This is the last week of the FY - anything could happen. Best of luck to everybody!
Is it worth it?
How doe other people feel about this whole situation of uncertainty? I gotta say I;m fed up with it, and I’m closer to the thought that hanging around isn’t worth it. It could be better and it could be worse if I leave, but at least at other... — read more
Advice for a new hire
What advice would you give me as a new hire? I will be in Sales. Thanks you.
The layoffs have become a regular thing at Oracle, but they manage those too in order to stay out of the press
I literally had 95% 5's on all my performance reviews and didn't see raises. That's because performance reviews were for show and didn't correlate to anything meaningful. Stack ranking was held behind closed doors and wasn't mentioned to employees --... — read more
Does Oracle offer incentives to stay?
Ever? Like trying to match new pay of an employee who is quitting or something like that? A friend recently wanted to leave a startup he's been with for two years for a job at a more established company, and they bent over backwards to keep him - and... — read more
Is Oracle a good company to work for
I will graduate from college next week, and I am engineer student, is Oracle a good company where I will have a future?
Gen2 is not = OCI ?
From my understanding .. Gen2 is a new strategy but not equivalent to OCI. Can anyone explain what is Gen2 ? I thought it is something related to on-premise business.