US workers let go should contact their state employment department and get signed up for the Trade Act Benefits. Oracle is 'registered' so I was able to qualify and can take advantage of the benefits... — read more
H1bs be warned
H1bs be careful ..you'll be the first to be axed in a short notice, no matter how much you kiss your managers rear end. all they do is ask you to leave suddenly..you'll get 60 days to find a new job..severance is 1 month pay for 1 year of your... — read more
10% of Oracle's workforce to be cut in 3 phases - 5k in this round
Total target is 10% of global headcount. This is being done in 3 phases...Around 5000 in first phase globally , Second Phase in June. and Third one in September. Found this info on another thread, @YcAPXFu-ulz . Can someone confirm this?
What are the aobvious signs that the Oracle HR is calling you for layoff ?
What are the obvious signs that the Oracle HR is calling you for layoff ? Do they directly call you while you are working? Or ask you manager to do the job ? Do they allow any backup ?
What about EMEA?
Will there be rifs in emea in the coming months?
h1bs laid off in OCI?
The cuts to OCI-C, HW, and some other orgs that were being de-prioritized made sense. Within OCI I'm wondering if any positions were let go because Oracle needs more US citizens
OMC - APM layoffs ?
APM : Application Performance Monitoring OMC : Oracle Management Cloud. Is Apm generating decent revenue in OMC and how is it doing? Have you heard of any layoffs in APM ? I know ,It's very specific question. But some might have info on this Heard... — read more
Is anybody laid off in Oracle Commerce?
Is anybody laid off in Oracle Commerce, IDC or Cambridge or Belfast ?
Any layoffs in Oracle IDC Hyderabad ?
How many people are laid off in Oracle IDC Hyderabad?
final severance pay out
is the final severance pay out also taxable?
Total Number stand at 500 globally
It’s not a huge number considering the size of company. It seems like total number stands @ 500. US:100; India:200; China:50 Others: 150
guys, stopping chatting, move on.
To whom have been axed, Oracle is our memory. To whom have not been axed, either make yourself visible for your M6+ at right time, or move on.
Who is next on the chopping block?
So, What now? I doubt they will stop at this number of layoffs. Any whey to figure out who will they be going after next?
Rearraning deck chairs on the SS Cloud
Layoff were handled poorly. You have to remember this Oracle, where you still have to use beehive for mail and calendar. Because Larry is a tool, you have to use all Oracle c-ap, never best of breed. This leads to a bigger divide between market and... — read more
What seems to be the main criteria for layoffs?
Of course it’s not performance, that never was a thing that could save your job at Oracle. So ist there any indication what parameters are they using when deciding who to cut? Is it age, personal earnings, specific types of workers or is it something... — read more
Typical story
Layoffs happening as the keys to the company have been handed to the ballooning OCI organization. Nothing new in this story. Company falls behind in technology, panics, and then overpays some heavy weight with big reputation to come in and save the... — read more
Oracle IDC Hyderabad Lay off happened today
Couple of guys from every director has been asked to leave I know couple of them
Got atleast 10 good bye emails yesterday from US counterparts of my team
These are people with whom I worked at some point of time of my time at Oracle. The ones whom I know who got fired yesterday were mostly Senior Managers, VP etc, Few developers too. I believe there are more who didn't got a chance to send email.
New hires Layoff
Have you heard any new hire or campus hire (experience < 2yrs) getting laid off? I heard only about experienced ones. Thanks
Business Insider has the scoop
More details on which places were hit https://www.businessinsider.my/oracle-layoffs-2019-3/
Removing the healthy tissue
We all knew layoffs were coming and the leadership didn’t put too much effort into hiding this, so I can’t say I’m surprised, but what I am surprised about is the way they were doing and what employees were targeted. From what I see, among the folks... — read more
IDC Bangalore severance
Does anyone know what's the severance policy? Do you get any? Is it based on years served? Someone asked this in thread below, but no one answered, and I was wondering the same. I am hearing multiple things from multiple sources and can not be... — read more
Unofficial layoff report in IDC Bangalore
This entire week layoffs are happening in IDC. In terms of head count IDC is the worst affected. The number is so high that HRs are not able to keep up and scheduled layoffs in batches till mid April. The total number ranges from 800-1300 in IDC. As... — read more
Oracle has spent about $30.3 billion on share repurchases this year
Oracle’s Pockets Aren’t Deep Enough https://www.google.com/amp/s/www.wsj.com/amp/articles/oracles-pockets-arent-deep-enough-11553175067
Solaris engineering RIF, Spring 2019
All 1st level Solaris software managers. All 1st level HW & Solaris software Program managers. LA office closed. Many SPARC HW and Solaris SW engineers. All engineers involved with standards - UNIX, POSIX, KMIP ... gone. Engineers working on very... — read more
Stock fast forward?
Do they fast forward stock vesting in layoff?
Lack of Human Touch
If I were a director, and they asked me to axe some one really good in my team , I would at least say no or put my papers first. I haven't seen such nasty directors who would axe the hard working engineers under them to save their a--! Karma bites... — read more
Any VP, IC6 laid off ?
Is the layoff happening across all job levels? If anything, VPs, M7s not to speak of manipulating IC6 and IC5 should go. They just played along with the mess, screwing the troops at the bottom and leaving us in this mess.
SC sold 5 millions shares
The rats are leaving the sinking ship. FYI, her and MH and LE all belong to Jim Rome's rat family section for those that listened to Jim Rome before he sold out... — read more
Oracle layoff in CDC Chin$$
Guys, any news about oracle layoff in China/CDC? It's heard many HQ co-workers got RIFed.
Layoffs in US have been completed, intense morning in HQ
Layoffs are done in US. Im not impacted by this wave but ended my day sick and heartbroken today. There is a guy in my floor, different group, who happened to be leaving 200 building when I was arriving. His wife and kids were waiting for him... — read more
Laid off
Got laid off today with 60 day pay and time to look for another job either internally within company again or externally. Oracle cloud business is going down!
Should we expect more layoffs for the same product at the same location?
A bunch of people in my product (OMC) got laid off today where I am (HQ). I and my immediate team were spared. Does that mean that layoffs will not be coming our way again very soon (this quarter at least)? Or does Oracle have a history of doing... — read more
Help!!!
Any one in india who has been asked to leave in idc.. please share the details about Severance pkg..? Have spent 7 month here ...will they ask me to leave or move to other team.. i should start looking out...share your thoughts
Is this Larry turning over the reins?
Ok, so we've just had a bunch of newbies in Seattle, a non-entity of a city for Oracle until recently, stage a major coup. Is this plan to transition to a Cloud company actually the plan to transition away from Larry? Or, maybe some techie kids just... — read more
Was anyone here under the misapprehension that Oracle was a touchy feely company?
Oracle has always had a culture of assholishness. Ask any customer or biographer of LE.
Don Johson’s Email on lay-offs
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 shift across the... — read more
Worse than a knitting circle
All this hysteria here. Layoffs, re-calibration happens in any LARGE org. OCI-C got big paychecks and RSUs. Some of these guys hired onto OCI total compensation would have made you tear up with envy. The direction has changed. The gamble on big... — read more