Topics regarding layoffs at Oracle Corp.

Topics regarding layoffs at Oracle Corp.

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.

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?

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 

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?

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 

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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 

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 

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 

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 

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.

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