Someone knows if they plan to do layoffs in EMEA ?
How it is done
I spent 20 years with Sun/Oracle. When the hammer came down they called all engineering staff into the board room and we were told at 9:05 am. “Your jobs as you know then no longer exist”. We were then given our paperwork. Told to be at an hr... — read more
What positions are majorly laid off?
In case of Layoff in a team, What positions are majorly laid off? Have you witnessed any campus hire getting laid off?
Another round in May
Many OCI colleagues were shown the door last week, soon after DJ sent a ridicolous mail saying how great and shiny we are, and that we are the future of Oracle Corp. Overall, looking at Aria, more than 500 people got rifed. Have heard from my manager... — read more
Who will do the work?
Now that they cut even more people from our team, I'm just wondering who'll do all the work they still expect to be done. Do they think we're going to pick up even more responsibilities with no extra pay? Will we be expected to now do the work of... — read more
Any rumors about this week?
As Monday comes anxiety and stress are growing, at least in my case. I would feel a little better if I know are they planning layoffs this week and is there any word on when will they be performing them, more precisely. So, Anything rumored about... — read more
Anyone knows the layoff criteria behind 03/21.
Wanted to know the layoff criteria behind 03/21, How does the individual engineers selected from the teams ? I already know the poor performances guys are still there and higher (above) performance guys laid off...
OCI org is safe?
Is OCI org safe for now in Oracle? Has there been any cuts in OCI so far?
Has there been any firing in OAL units across Mexico, US or IDC? or in firing line?
Have any of developers / QA / Support/ Managers / VPs of OAL unit been fired? Or are they in the firing line?
Is Oracle headed into a death-spiral?
Legacy software platforms are all facing terminal decline, and all Larry has are pathetic, empty boasts about his cloud platform vs AWS. But Oracle does not break out cloud revenues in their earns. They spend $30b on stock buybacks instead of needed... — read more
Unifficial official layoff report 3/24/2019
Well, as the saying goes: you can fool some people some of the time, but even then only for so long. Oracle pretended it had a cloud business and growing EPS for a while but everybody has not cought on to the impact of massive share buybacks and... — read more
panic
737 Max 8 or Mother Oracle Ship (MOS)
EMEA and JAPAC layoffs
In EMEA and JAPAC, Sales overlay and Presales scheduled for 15% headcount cut. Redundant and non-essential VP roles targeted for 25%.
Last month, the company’s board permitted additional spending of $12 billion on share buybacks
https://articles.marketrealist.com/2019/03/is-oracles-earnings-growth-riding-on-dividend-hike-and-buybacks/ The cloud business requires massive capex spending. Instead of spending on capex oracle us using the cash for stock buybacks.
What is the criteria for layoff ?
Based on what criteria they are choosing people for layoff ? In some team I could see 20% people are kept. They seem to be randomly choosen. My manager says this time its not in his. So how the upper management is deciding whom to keep whom to let go... — read more
Shares Outstanding updated for the quarter
https://www.sharesoutstandinghistory.com/orcl/ 3/15/2018 4.08B 6/15/2018 3.98B -- 100 million shares 9/13/2018 3.79B -- 200 million shares 12/14/2018 3.59B -- 200 million shares 3/13/2019 3.42B -- 170 million shares Don't know what the actual value... — read more
Oracle +2.5% on analyst optimism after conference
Cowen's J. Derrick Wood cites enthusiasm from ORCL partners NetSuite and Fusion ERP as evidence of Oracle's continuing strong growth. Wood notes "incremental positive commentary" on Autonomous Database products
It's too late...
the issue is Oracle is too late in the game .. where as AWS has already bagged the 1st position. I know loads of customers using AWS, and moving away from the Damn Oracle DB to use AWS managed DBs liek Aurora etc. AWS Engineers already have the... — read more
Oracle OMC
Our VP was asked to do the layoff and he had dignity, he resigned. I would work for him again any day. OMC is the best monitoring platform for enterprise. Just need to point at your WLS servers, and we can provide complete monitoring. Competition... — read more
Oracle CDC
CDC is going to be shutdown completely. This is not rumor and not news either. Corporate decision.
Interesting comments
There are a lot of people that are upset at the prospect of being let go and that's understandable. But the reality is that no company is loyal to their employees and no employees are loyal to a company. The company is going to look for people to... — read more
2 senior advanced marketing operations managers
2 senior advanced marketing operations managers were laid off last week. They belonged to Oracle's Demand Center. The worst thing is that their managers weren't aware of this situation until this 2 people got the notification from HR. One of them was... — read more
As you move on from Oracle
Not easy to start a job search... Especially if you've been at a position for 10+ years. I left the company over a year ago, but I keep tabs on this company because I've got a lot of friends that still work here. When building your resume, you need... — read more
The best thing to do is ...
I think one should do following to be safe and peaceful: Brush up interview skills Upgrade skills - learn new tech, discuss in a group, knowledge share Explore options for side hustle e.g mobile apps, web services startup, coffee shop.. Good... — read more
Sixty days notice vs. one day noticen / WARN act
Some people received 60 days notice - I assume due to the WARN act. Some people received 1 days notice - I assume because they work at a "site" with fewer layoffs than where the WARN act applies. If an employee's group (including their manager) work... — read more
Lay-off numbers
Between 2500-5000 worldwide with two more rounds to go. Buckle up kids.
Seattle office layoffs?
Did people in OCI Seattle get let go? What is going to happen to interviews happening in that team?
Will the layoffs happen on Monday?
Will the layoffs happen on Monday? Or, are they done? Fingers crossed.
Any news on the GBU's?
I still have former co-workers that work(ed) in the GBU's: HGBU, TUGBU, FSGBU. Have they been impacted in this latest layoff round? I was RIF'ed, but enjoyed my time at big O because of the people that I worked WITH; our teams were a family until... — read more
Oracle Swings the Layoff Axe and Clear-cuts Teams of Engineers
Oracle takes a page out of IBM’s playbook this week, with unannounced layoffs, rationalized by a restructuring to the cloud, and little acknowledgement that they are happening By Tekla S. Perry Yesterday (Thursday March 21 2019), Oracle swung the... — read more
OCI-C Layoffs Mainly?
The layoffs that happened in the past 15 to 20 days, Are they mainly related to OCI-C org and it's products?
Oracle is broken..
Spent 25+ years with Oracle, 3 stints as an employee. Company is broken, dual CEO model doesn’t work. Then you’ve got pockets of power who make poor decisions. Too much focus on protecting support revenue too, with c-ap products being released in a... — read more
Oracle killed their greatest cloud product in 2010
When Oracle bought Sun they were staring right at the future: Sun Cloud. Yet they killed it there and then but if they had've funded it then Oracle would now be the biggest company in the world and Larry the richest. Scott McNealy was a visionary who... — read more
Backup everything just in case...
I don't work at Oracle but this is a general advice, I would recommend everyone to back up everything they think are useful for their next job just in case. Source code, scripts ...etc. If you use company's laptop or phone then remove all personal... — read more
Poll: Would you buy an Oracle cloud solution (any of them)
Use Arrows to upvote or downvote. Question: If you were to own and fund a company, would you buy ANY Oracle oracle product. Arrow Up = YES, Arrow Down = NO
10% Laid Off?
So are we saying 14,000 people out of the 140,000 global? Is that enough to convince the market that we are a cloud company? We keep hearing that if you are not aligned with the core mission of Cloud, Autonomous DB, and SaaS then you are at risk... — read more
DJ's Email to OCI Org
There you go: Team, I wanted to share with you context for the organizational restructuring happening today. Over the past several years we've seen progressive change as Oracle has evolved into a cloud services company at its core. This is a giant... — read more
Broomfield Legacy Tape?
Oracle/STK tape development has been coming to a grinding halt. Did this legacy group survive this go-around?
Large layoffs in startup ecosystem
Startups have rejected oracle cloud and moving to amazon and Microsoft