Probably not a good sign we can't submit timecards or vacation requests past the 25th of this month. Microelectronics.
Question for HR folks..
So I'm in a in struggling pillar as an outside sales rep I foresee a PIP in my near future.. Are these delivered by HR? Also, when I am terminated how do you respond to my prospective employers if they ask if I left on my own will? Or do you only... — read more
Oracle returns to growth, will it last?
So, some analysts believe that there is hope for Oracle thanks to the cloud, as it is finally outpacing all the declines in legacy businesses. Not sure many would agree, but here's the link, if anybody is interested... — read more
Accelerated vesting?
Is that even negotiable for RSUs if you're laid off within 30 days from the vesting date?
Moving on...
There is hope, there is work... Got laid off four months ago, was not expecting it. The severance was better than expected, 4 weeks for the first year of service, one week per year after that. Paid about 40% tax on it. Got a job at AWS, took me about... — read more
There's no way we can keep our PODs up and running
After all this talent drain our cloud offerings for Fusion Apps are toast. No one left to even try and keep the lights on now. Things were bad before, but now it's completely game over. Anything that breaks will stay that way. There's no way we can... — read more
Another layoff coming soon?
Seems something is brewing. Hard to say for certain, but I have seen email this morning with what appear to be some doubt about next SPARC chip fate. Good luck to you all
Oracle has gone nuts - Appointing sales org VP as CTO India.
Can one imagine a leader from sales organisation proclaiming himself as CTO of a geography? That too when one has more than 35000 employees in that geography who are part of core product development. This is there in India, Sales SC leader had taken... — read more
Unofficial official layoff report 8/20
Not much layoff action this past week. FY18 total remains 4,500; total since 6/1/2016 14,500. Big one coming this coming week. Say bye bye to oracle hardware
Oracle hiring in Burlington - SPARC and x86
Another one posted this week: Technical Analyst 4-Support Oracle - Burlington, MA Preferred Qualifications Collaborate with colleagues on a worldwide basis on identifying product defects and driving them to resolution following Oracle's support... — read more
Looking for a new sales job?
My buddy and I were going over his quota and his average cloud deal. His average was about 40k, his quota is 4 million. Wont go into details to pin him down. But we figured to hit his quota he needs 100 cloud deals. 50 work weeks in a year, means he... — read more
Anything going on in ICS cloud? Reorg maybe?
I just noticed that the update for August for ICS cloud release says there are only bug fixes for that release. Never seen that happen before. Anything happening in cloud area? Maybe some reorg going on? Layoffs coming?
x86 in Burlington is hiring
This was posted this week on Indeed: Oracle Job Description As part of this Burlington, MA-based team of hardware and software professionals you will work within a sub-team that develops leading edge servers for use in both stand-alone and specific... — read more
Time you get wth WARN and without!
Can someone explain the 2 scenarios, lets say an employee has 10 years at Oracle. with WARN notice: 2 months (WARN) + 1 month (for first year) + 1 week for the rest of the 9 years so total : 3 months/9 weeks ( you will keep insurance+ salary during... — read more
August 3rd & August 24th Bad Days for Hardware
Rumor has it the Axe falls on August 24th again. Hardware RIF. Colorado will be hit hard as well as other locations. Sales gets cut as well for HW, then sales gets cut across the board the following week on Friday Sept 1st. Good luck to all. Get your... — read more
HEY EVERYONE, WHAT ARE YOU BRINGING TO THE POTLUCK? Let's celebrate M8 RR!
Never have I seen a more tone-deaf "celebration" in my f---ing life.
Is the package conditions written into our contracts/employee handbook.
Ive been looking through my stuff and i cant find anywhere what a redundancy package will consist of. Is this something which is pre determined and somewhere that i can read or is it something which is decided on a per employee basis and will only be... — read more
Oracle COBRA Healthcare (UnitedHealth EPO)
My COBRA for United EPO, Dental, VSP = $805 per month for one person.
Layoffs in sales are coming... read the news.
Its been out for sometime. The reason Oracle was slow to cloud was because of its sales force. Yes MH is hiring college kids. Yes he is laying off the old farts. Get a clue people and read the trade articles. If you are in sales you are part of the... — read more
Who gets laid off September 1st?
Friday after next one thing is certain... layoffs are coming. Who is it going to be? Last layoff was Thursday June 1. Like clock work managers got an email informing them to make mandatory meetings, and phone calls just hours before the layoff was to... — read more
Sun layoffs
So everyone has heard about Sun folks layoff in US. Seemingly, since even higher ups are going , including "acting" directors, no one knows for sure (at least I don't). Hopefully Aug 24th is the last day of layoffs, we are practically a fraction of... — read more
Positivity
Hey, lets be positive. You have a job. You might not have a job in two weeks, and no one is talking about it. But, hey Oracle stock is up! Woo hoo!
Negativity
The stock is at all time high - how do you guys (the ones who complain a lot) explain this? Given how badly LE messed up (in your view), how come that the company has a 200 Billion dollars market cap... One of the largest companies in the world... — read more
And so it goes
Microsoft about to clobber legacy sales groups as the pivot to cloud sales - something from LEs playbook: https://www.thelayoff.com/t/OPbQCak or @OPbQCak
zero communication from above, but people are already out.
whoever you talk to they say: " nobody knows, even senior managers and good friends up in the chain say there is no news as far as what is happening" at the same time everyone is preparing to exit, people are packing and saying goodbyes even managers... — read more
Doom to engineered systems
Incase you did not notice the US based engineered poc team has been gone for two years now. I have a friend in HW presales who is training a guy from India who dials in to customer meetings. The guy from india knows how to tell the customer to run an... — read more
In case somebody had doubts on whether layoffs work
They don't. As it seems, Oracle is only one in a sea of companies that are trying to boost their bottom line quickly for the quarterly results, without considering long-term repercussions. I know, shocking... — read more
WARN explenation
Someone correct me if I am wrong. But I am not convinced by people's interpretation of WARN here. I found two versions of WARN by googling. One from federal and the other from state California. Federal: Plant closings involving 50 or more employees... — read more
Why does Oracle switch health coverage to COBRA immediately upon layoff, not after 30 days?
Why does Oracle switch your health coverage to COBRA immediately upon laying you off and pay it for 30 days rather than just continue your current coverage for 30 days, then start COBRA? As a recently laid off employee, I find that I have lost access... — read more
Infosys CEO quits . Will he join Oracle?
vishal sikka quit as Infosys CEO . He is a strong candidate to join Oracle. 1) He gave keynote at Oracle Openworld in 2015 and 2016 ( just before Larry's Keynote) 2) Has Experience at SAP ( one of Oracle's main competitor) 3) Stronger Technical... — read more
Is there any negotiation on the severance package amount?
My understanding is that you must sign document that says you won't sue Oracle to get your package. Is anyone away of cases where employees have not signed and negotiated a better deal? I'm sure anyone who has, must also have signed some type of... — read more
Brace for more layoffs in two weeks (sales and HW, just under WARN limits)
The June 1 layoffs are about to be repeated, the 90 warn period will be up September 1. Rumor has it the sales layoff will impact the same number of people as the June 1 layoff in sales. Hardware is also going to get hit, but its going to be limited... — read more
After layoff, how long is the h1b still sponsored?
I know that there is a 60 day buffer to find other jobs. Does the 60 day period start on the day of layoff itself.
HW
The major hardware groups left are the SPARC teams in SCA and BUR, as well as the x86 teams in BUR and SCA. With the cancellation of SPARC M9, there is no road map for SPARC. The impact on x86 is less certain. The question with x86 is whether Oracle... — read more
Public layoff announcement
Hey, MH, when are you planning to publicly announced the forthcoming layoffs? When do you propose to announce what oracle's HW offering is going to be going forward? Date(s), numbers of people impacted, locations, that kind of stuff
There is something you can do.
Call up your local TV news channel. Call your local newspaper.
Why so quiet $C?
Even hapless IBM CEO GR had something to say about recent events, in effect t criticizing POTUS, not so our $C, just not her thing to speak up like a leader and concerned citizen. Too busy counting her $$$.
India MD is being chucked out, SC India leader to be MD
SK leaving Oracle, MA to be new boss. Be ready for further updates