Topics regarding layoffs at Oracle Corp.

Topics regarding layoffs at Oracle Corp.

Layoff protocol

Anyone know what Oracle approach for notice is? Package? Do they keep it consistent or does it vary? I’m lease pay it forward and share for the collective. I suspect differences could be challenged, especially in the same year.

Tuesday…

Where are all the people calling for this Tuesday to be the big one? Is this like the Spanish Inquisition? No one expects it?

Changing Management Team

And it was a very painful realization, in 1990 that I was going to have to change the management team. That the company had outgrown the management. Larry Ellison Oracle investors are not happy with current mid mgmt team. Weak accounting... — read more 

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| 2441 views | | 8 replies (last September 5, 2023)
Post ID: @OP+1o4miJtY

Reach out your friends, Ready with your Resume,

All companies are asked to layoff a percent of their employees by end of this year. This might lead to closure of projects, teams and layoff in bulk. If you are in Job hunt, try to find something quickly. Note that this situation might take some... — read more 

Quit?

https://www.bbc.com/worklife/article/20230727-im-next-i-need-to-save-myself-why-layoffs-cause-other-workers-to-quit

Oracle Real Estate is laying off 560 employees

Oracle Real Estate is laying off 560 employees around the world. They have sold their sole to an outsourcing firm called JLL and they are reducing office amenities and quality of facility service to help meet budget cuts since no one is going to the... — read more 

Health Sector RIF

TA Partners part of todays RIF in the NA health/Cerner unit

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| 1675 views | | 1 reply (August 6, 2023)
Post ID: @OP+1nUKHuIi

Oracle: Where decades old software companies go to die

Oracle is very much an accounting an legal firm that has found its niche by gathering together old dying technology and milking the customer base to the last possible dollar. Its effective (at least in the short run) as its stock is at an all time... — read more 

Team players

I'm starting to wonder if we ever had any at O? Backstabbing is a harsh reality here nowadays.

Another Wave of Layoff in Tech Sector

Another wave of Layoff's is might happen in tech sector before the end of this year. Most of these companies have accumulated debts in their balance sheets (Example: Oracle has 14,000+ in its balance sheet).

Counter offer for promotion?

Has anyone used another offer to counter their current salary within Oracle and gotten a raise in North America market? Appreciate any tips.

To leave or stay during economic uncertainty

I found it interesting that as I've been pinged by recruiters, I almost feel MORE safe leaving Oracle during economic uncertain times, rather than staying. The severance package here su-ks compared to other tech companies. Layoffs happen without any... — read more 

Considering other opportunities

I am a little disappointed with what the job market has to offer. What are your experiences with trying to get a new job?

There is no such thing as safe

You know what ? Just keep learning to make sure you are marketable and can find another job. Microsoft just laid off 200+ staff earlier in the week. No prior notice. So anyone can be laid off any time and any where. This is the only point worth... — read more 

Archaic practices

I often wonder why Oracle has so many archaic practices!? It's a shame, the leadership doesn't seem to realize how stuck in the past O is in some things.

No one comes to my house unexpectedly

No one, NO ONE, comes to my house unexpectedly. I have been harassed for years by an Oracle manager after I left the company. We don’t let anyone on the property we don’t know. We have an elaborate security system because of the harassment. ... — read more 

Adding second job

Hey y’all, trying to hustle and want to add another job while I do this current one. The other job would be tech and has nothing to do with I am currently doing. Read the policy says I gotta ask HR. So do you guys think I am able to get that second... — read more 

Nothing without drastic changes at the top

It's oracle way of treating hard working employees. Once joined they are stuck with the same position and salary for even 10 years. Across various orgs and teams noticed same pattern. Don't expect anything to change as long as some drastic... — read more 

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