Topics regarding layoffs at Oracle Corp.

Topics regarding layoffs at Oracle Corp.

6/1 layoff total

Well, no info from Oracle, of course, my guess is that we're talking about 2,500 people being laid off on 6/1. Thoughts ?

Train wreck

Whiteness the destruction of a once great company; brought on by clueless, personal, greed. As Hurd the Turd tears the place apart, his girl Safra tries to cozy up with D.C. Looking for her next job. See you in the unemployment line.

Severance?

What kind of severance packages are being given?

Time to make a move.

Half of our SC team was RIFed today. I wish them all the best. I'm sure they'll do great. I had zero confidence in our leadership this past FY. Now its confirmed- they are making all the wrong decisions and will walk away with millions if Oracle... — read more 

No chance to even say goodbye!

Yes we all stayed far too long for the flexibility and even defended the company to others . Until the rude awakening though most of us were trying for a job but not seriously. The serious ones found better jobs. The way it was done was very... — read more 

Customer Support SaaS was hit today!

Long time employees that were high performers RIFd. Checked in with US ERP sales and HCM sales this morning and heard no chatter there, all seemed fine. There were no RIFs in my org today though there were some in the recent past. I think everyone... — read more 

I met some great people, yet...

Oracle, sadly, is the worst company I have ever worked at in my entire 30 year career span. I met some great people - please don't get me wrong, but what incredibly bad leadership. What kind of sick psychotic human being (s) think up this abusive... — read more 

Lack of visionary leadership

Today brought significant layoffs of IC and 1st/2d line managers, yet the real "architects" of this disaster, they call their cloud GMT strategy, blindly continue on. Apparently, they're going to have to burn through $Billions of more dollars before... — read more 

Austin Layoffs

In Austin there were a few strategic firings but no layoffs...so far. This is only on the Tech side though. Could be a bloodbath tomorrow. I just got my comp plan so I guess I'm safe..maybe.

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| 1241 views | | 1 reply (June 2, 2017)
Post ID: @OP+NAVI8eL

Worst lay off walk ever

I heard this guy was told to stay 4 hours to finish his work and his boss told him the news at lunch time. Guy had to walk out in front of everyone. I know some tell the news early in the morning to avoid a any embarrassment. Totally wrong way to do... — read more 

AND Sadly ORCL Stock UP / Safra Cashes Out Hugely

Oracle Co. (NYSE:ORCL) CEO Safra Catz sold 394,081 shares of the stock in a transaction that occurred on Monday, May 1st. The stock was sold at an average price of $45.01, for a total transaction of $17,737,585.81. Following the transaction, the... — read more 

26,000 Oracle Jobs Cuts - Trip Chowdhry's Analysis

I'd like to draw your attention to my post here on Oracle's layoffs.com forum - I've posted this in January 2016, so almost 1.5 years ago... In short, Trip Chowdry (Industry analyst) predicted that Oracle will shed 26K jobs as the company transitions... — read more 

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| 2353 views | | 1 reply (June 1, 2017)
Post ID: @OP+Nzy0pyN

Denver Layoffs

Several of us in the Denver office were laid off this morning. It feels weird to be let go but it's also a huge relief. I don't know anyone who enjoys working for Oracle.

Oracle Partners - Major Blessing 4 Me

You aren't the only ones getting hosed - those beautiful Oracle partners also get hosed and eagerly await your resume for help NO MATTER what your Age! I just talked to one in my space who absolutely has 50 and 60 year olds and even a few in their... — read more 

One Piece of Good News in All This Bad News This Week

So I am axed BUT If you look on Dice you can sort for contract work in Oracle areas you worked no matter what roles and WOW! there is a ton of poor installations that need fixed, or help with Oracle projects, installations, procedures, anything, if... — read more 

Job Postings= Fake News

Check out all the job postings right now. Considering what's going on, do you REALLY believe Oracle has that many openings? If they'll lie about and hide layoffs, there's no reason they wouldn't post fake job openings.

Field CSM's are being let go

Just received my letter including severance. 1 month cobra. Customers complain about the CSM hub, Sales complains about CSM hub, clients complain about CSM Hub. It's Oracles way to be cheap to try to provide value to clients but it's not working so... — read more 

This is like the game show Survivor

For the people who still have a job, they are exhaling a sign of relief. This time it's not just sales reps, sales consultants, dev, & support but also managers. How long until the next round of cuts?

Looks Like Mark Hurd Falsified the truth

Anyone else find this interesting? http://www.cnbc.com/2017/03/16/oracles-hurd-cloud-shift-will-not-result-in-mass-layoffs.html there are multiple articles where Hurd is quoted denying any layoffs to impact Oracle teams. Yet here we are at the start... — read more 

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| 2020 views | | 9 replies (last August 31, 2018)
Post ID: @OP+Nzy1KMR

It does not matter how great your work is!

Been in the industry for almost 40 years. Always the same. You are just a piece of meat that can be tossed out at any time. Does not matter how great your work is. Just a fact of life. My parents always had a Union to protect them. They never saw... — read more 

UK Redundancies

I'm one of at least 15 in the UK, sales and pre-sales, who had their last day today. Being the UK the severance packages are good. Best wishes to everyone.

Be Ready, Get Ready!

If expecting layoff be sure to remove personal files off as they don't give much time and my friend had to give hers back in 30 minutes. Also hr is not clear on this but you have 60 days to sign for cobra and oracle picks up the first month. It is... — read more 

Layoffs - Customer Success Managers NA (June 1st 2017)

Just heard several Customer Success Managers for North America Cloud are getting their pink slips via FedEx today. Most are remote and older employees. They are getting replaced by college kids in Austin and Burlington. They bring these kids in at... — read more 

Support in Europe coming to an end

Its the end of all support in Europe, only Romania will survive... ...It is not just a layoff plan its a massive restructure. Posted by: @NzmxvVi-urr . Final notice for France will be June 6th. So rumors tell, next country in line is Spain (sometime... — read more 

France

And it is starting in France, again. Our yearly layoff plan just arrived today...

Self Service-HCM Cloud To Find New Position June 1

Last June 1, we would go to self service, then HCM cloud and it would tell us who our manager is and who is on our team. Checking today, looks like HCM cloud has a different layout and doesn't give you that info. Obviously Aria will not be updated... — read more 

DB reorg

Just was told by mgmt that some DB teams are being reorg into larger DB teams. Of course no details as upper mgmt has no clue what they are doing.

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