Any layoffs in Australia

https://esd.wa.gov/employer-requirements/layoffs-and-employee-notifications/worker-adjustment-and-retraining-notification-warn-layoff-and-closure-database?utm_medium=email&utm_source=govdelivery Number Of Employees packing bags - 359

Not a fun post. This has come up on Reddit too: the September list of people RIF’d was reduced from the original (some estimates had it being 2-3x longer). There were a few reasons and to why the was reduced and I won’t get into them here. But at... — read more 

Running like headless chickens.

It's Friday and this is the first full week that I am not working for a company that doesn't appreciate the value that at least one employee brought to a company's customer where we always kept the customer's well being top of mind. I was in the... — read more 

Hello everyone, I am considering leaving Oracle and would appreciate some advice on whether it is better to resign or retire. Could anyone clarify the key differences between the two options, particularly regarding the severance/benefits package... — read more 

Apparently employee performance ratings weren't a factor in layoff decisions. As folks are now stack ranked and downgraded to "meets expectations" in most cases and focal rewards are usually dismal and weighted towards RSUs rather than real... — read more 

Should Oracle be barred from H-1B hiring for two years after these massive layoffs?

With AI, who needs management, particularly SeniorManagement. Ownership means nothing to AI

All you need to know about Oracle. Promised separation papers by 3pm pst. And nothing… late. LOL

Message from management is that we give RSUs to keep high performers and close to Zero base pay increments. During layoffs we they let go of certain people because they had a large RSUs due. So the logic appears to be make people slave with the... — read more 

Now is the time to work on forming a labor union. Don't wait for the next layoff when it is too late.

I know ... you are going to ask about a source but I rather do not want to provide it.

Any layoffs in CEGBU Australia?

Sounds like we are getting more big changes in the next two weeks? Anyone sense that?

Just update for everyone, from today's industries townhall: No news confirming focal, hikes or promotions, but it is being reviewed. This was asked multiple times in the Q&A with the same response. No clear "no" on future restructuring. Oracle will... — read more 

I honestly can't decide if that's a good or a bad thing.

Wasn't it considered an affordable option for laid off folks once upon a time?

Getting rid of longtime employees might save money immediately, but there's a lot that doesn't show up on a balance sheet. Years of knowing how things actually work can't always be handed over to someone new. Once too many of such people are shown... — read more 

Still at Oracle. Layoffs galore. This board always follow the same pattern: anxiety before the event, urgency during notifications, this is followed by anger, disappointment, uncertainty. Sometimes there is some relief afterwards. Cannot change... — read more 

You get through one round of cuts and immediately start wondering when the next one will happen. There's never enough time between layoffs to actually feel secure. This is our reality.

When will they cut people whose main responsibility is to collect information and repeat it to someone else, from one meeting to another? All of them are still here.

I thought it would be the same, but looks like I was very much wrong.

Full time developes laid off - Retired QA folk get extension - India IDC reality. Connections matter ?

I'm curious if US layoffs are still ongoing this week but at a smaller scale than they were on Monday. I ask cause I know people who got RSU vesting notices for the 15th 3 days before vesting, but have not gotten notices for other upcoming RSU... — read more 

Is it done LOB by LOB ? Or country by country ? Any insights of when Australia and rest of APAC will be done?

I had an eccentric manager who was brutally honest and upfront in individual syncs. Manager was impacted yesterday. I see the focal posts, dropping what was told to me by my manager - I will fight to get you focal + RSU if you perform, but... — read more 

Oracle has conducted consecutive layoffs blindly for stabilizing itself against the blind decision it took for AI data center. The severance, health benefits offered to laidoff candidates are very below to industry standards just covering the... — read more 

Anyone have a read out on the Mark Hura for North America's all hands call this week? Obviously I missed it being RIF'd on Monday.

So Meeten B SVP in Fusion (AI) is out in 2 weeks, Jim D GVP (RightNow) is out as well with him. To the chopping block.

Hope they will give extra time pay and salary hikes and bonuses, didn't even hear about foculs from the last year appraisals

I'm sorry you're going through this. To anyone from Oracle hospitality, we have several open opportunities at Agilysys and would love to try to help anyone looking for their next chapter. I've shared a link to our careers page below. Wishing everyone... — read more 

Looks like really reached the bottom? Somehow it feels like it's hard to sink any futher.

All the people I know who are affected are devastated.

Check LinkedIn, all the best.

I say this after every layoff round, and I'll keep saying. Don't pick up any of the work done by your former coworkers. Say you're busy, already overloaded, it's not in your job description, or say anything else you can think of, but don't do it... — read more 

Team, My apologies if this question was answered already but allow me to ask once more: If we laid off this week, and we have a scheduled vested date for RSUs either this month or next month, is Oracle going to honor that or clawback those RSUs.?

How many layoffs have we survived just in the last three years? I lost count. I'm not even joking. Every single round takes a major toll on our mental and in some cases physical health. So much stressing, so much anxiety is not good for any of us... — read more