Topics regarding layoffs at Oracle Corp.

Topics regarding layoffs at Oracle Corp.

someone write

Wish some one wrote an article in the top mags how so many veterans and engineers were chopped off with short notice and how cheap a company can be, except this forum I haven't seen any articles anywhere! 100 OMC Engineers plus many others axed! and... — read more 

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| 2563 views | | 5 replies (last March 22, 2019)
Post ID: @OP+YbjFkkT

Bangalore Layoffs

Pls. share the info about what teams have been laid off in Bangalore ?And when ?

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| 2040 views | | 1 reply (March 21, 2019)
Post ID: @OP+YbtkhUL

Any layoff in HQ for OMC

We are waiting for today to see the cut down in OMC @HQ. Update thr thread if there is any news on the count. Waiting for IDC day for OMC announcement

US Team got Axed today - OCI-C

Working in OCI-Classiv. My Team is spanning throughout the globe. A total of 32 engineers, spanning all over the globe US-MX-EU-IDC US and MX got the AXE today. Waiting for our turn

Imprecise and Excessively Relaxed Comm Approach

Layoffs or not, what drives me nuts is a nonchalant way how the execs and corp comm team are going about this. There was an organization wide email sent to tell us how rosy things were and how we are knocking it out of park in the marketplace... — read more 

Is it always one on one meeting?

Does it mean if I don't have a one on one scheduled I'm safe? Or do they send invites to meetings throughout the day? I'm sorry if these seem like stupid questions to some of you, but I'm relatively new here and I don't know how Oracles handles... — read more 

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| 3300 views | | 7 replies (last March 21, 2019)
Post ID: @OP+Ybj5OjU

IDCS layoff on 21st

What I heard there will be layoff in IDCS noida, india on 21st March.

To all getting RIF:ed today

Thank you for your contribution to EPS and the 3 Stooges ‘ bonus plan. Signed- 3 very greedy, selfish swine

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| 1298 views | | no replies yet
Post ID: @OP+Ybqbp0z

How bad will it get?

Do we have any ideas how bad today will be? Putting together all the posts so far that had any info or speculation on what's getting hit tomorrow and how many will be laid off, it looks like we are not talking just about hundreds of employees... — read more 

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| 2710 views | | 2 replies (last March 21, 2019)
Post ID: @OP+Yb1iEYH

Why are layoffs done now?

I know they don’t need a lot of reasons to perform layoffs, but why did they chose this time to perform them? Wasn’t it more logical if they performed them earlier, aront the beginning of the year or in autumn? What’s the logic behind this timing?

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| 2340 views | | 7 replies (last March 21, 2019)
Post ID: @OP+YbEROgA

Great way to make money

Increase stock price using buyback and then sell own shares...simply great https://www.gurufocus.com/news/835550/oracle-corp-orcl-ceo-mark-v-hurd-sold-646-million-of-shares

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| 1230 views | | 8 replies (last March 21, 2019)
Post ID: @OP+Yb3XMy2

Health insurance after laid off

Hi, does health insurance terminate the same day as the laid off day? And if you do get Cobra, does it get retroactive back to the day when your health benefit ends? Thanks.

Unofficial official layoff announcement

Most public companies announce layoffs in advance; oracle does not, so T.I. Decided to do it for them. For immediate public release Having failed to generate growth in cloud revenues on par with real cloud companies and give that everybody (and their... — read more 

Is OCI targeted for big layoffs?

Here is the deal - OCI was indeed supposed to be the future but turned out to be monumental pile of manure, combined with almost nonexistent investments in actual cloud infrastructure. Also they are paid king’s ransom and I can see how tempting it... — read more 

What teams are affected in IDC

What are the teams that you know got laid off recently? Also, pls mention Org and QA/DEV or whatever Thanks.

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| 2041 views | | 2 replies (last March 20, 2019)
Post ID: @OP+YanxgSo

Only 1 or 2 more days wait?

Only 1 more day?And Is the stress/wait over after tomorrow or day After tomorrow? Atleast at this point of time. I know some would think, lay offs wont stop. But, I am asking only abt this FY19 layoffs that gained lot of buzz for the past few days

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| 1784 views | | 5 replies (last March 20, 2019)
Post ID: @OP+YatzJLf

One more day, I guess

Oh, goody - we get an extra day of anticipation and worrying and stress as we wait to find out who will be laid off and who is safe. So nice of Oracle to be so kind and provide us with all that excitement when they could have been boring and just had... — read more 

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| 1810 views | | 5 replies (last March 21, 2019)
Post ID: @OP+Yaz6p4r

More today?

Will there be more layoffs today? If yes, any idea on what will be hit?

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| 1890 views | | 5 replies (last March 20, 2019)
Post ID: @OP+YaSz0zK

I knew it was too good to be true

I guess that break we had in layoffs was really too good to be true. I knew something like this was bound to happen - just when we relaxed a bit thinking we are safe at Oracle, they threw something like this at us. And now we are back to sleepless... — read more 

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| 2000 views | | 6 replies (last March 21, 2019)
Post ID: @OP+Ya9a6V3

Oracle has given up the innovation game years ago

Oracle is a sales company with some software in tow - not a software company. They have given up the innovation game years ago. Their goal is to put out the bare minimum product, and then let their sales teams sell it to Enterprise executives scared... — read more 

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| 840 views | | 3 replies (last March 20, 2019)
Post ID: @OP+Ya13wSb

Silver lining for those who are laid off

In IDC, if you're laid off, you get a month's salary for each year you 'served' the company. Plus, salary of the notice period and any earned leaves you saved. If you were in Oracle for 10 years and some months, you'd get 10 + 2 + 1.5 months of sal... — read more 

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