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
notice for severance package changes?
I believe the current package provides for 1 week per year of service capped at 26 weeks. Can Oracle change these terms without notice?
Difference between Sales Consultant and Solutions Consultant?
Can someone share what the difference is between an Oracle sales consultant vs solutions consultant?
What about Oracle's Intel system hardware?
Much of the layoff discussion here is focused on SPARC/Solaris. How likely is the Intel system group going to be impacted? Will this area be spared? Are they considered a key part of the cloud strategy at Oracle?
Vacation Balance as a Layoff Predictor
If you want you know if you will be laid off on any given day, check you vacation balance when you arrive in the office... If your vacation balance has mysteriously been zeroed out that means they cut your final severance check which includes your... — read more
Reason to kill HW now?
I'm an engineer in ME and have been thinking about the timing of the currently speculated events. Why kill off HW at this specific moment? The first sign was of course canceling Exadata SL and LoS which was really strange as they had really doubled... — read more
Echo chamber
Start a fake rumor and wait until it gets confirmed here with great certainty - my point is that at this time the best course of action is to just prepare yourself while finding something to do that keeps you sane - meaning not this site
myHR doesn't work?
Is this a 'sign'?
Oracle asking for info
I just got an email from the company asking me to verify contact information to updat "tax and payroll" is this my hint about my impending layoff?
Home/Work locations
Should we be nervous oracle just asked many of us to update our home and work locations?
August 24 layoffs?
Well since we dwelling in rumors ... here is what I have heard: Aug 24 is the next doomsday. Some say it will be HW only, others say Solaris will also get whack. New colleges grads, especially in SCA, are going to let go, the reason being that given... — read more
Federal Layoff Law - 90-day Aggregation
When assessing whether there will be a sufficient number of employees suffering an employment loss to trigger WARN, an employer must be cognizant of WARN’s 90-day aggregation rule. Under this rule, separate layoffs during a 90-day period at a single... — read more
Austin and SCA Layoffs / August
What are you guys hearing recently?
Need a frank opinion
Does anyone use Blind App - they claim to have 2500 users from Oracle registered sharing information - I am thinking about switching from TheLayoff.com to that app if it is worth vile? Any thoughts? Thanks in advance...
Colorado hardware - August 24 layoffs
There will be a substantial reduction in Colorado hardware on 8/24. Groups will be cut between 50% and 100%. Many brave managers have informed their impacted people already.
HW layoffs are too secretive this time !
People in HW are totally in the dark . They have no idea what is happening . You go to work in the morning not knowing if it's your last day there . Since when O become the new apple as far as keeping things confidential. What is all this secretive... — read more
Unofficial official layoff report 8/13/2017
No reported major layoffs this week. Total for FY18 remains at 4,500; total since 6/1/2016 remains at14,500. More HW layoffs expected in the next week or two. Good luck everybody