Anyone gets raise or rsu?

LE quote from the results call today “ Well, I think we have substantial advantages because we are an infrastructure company and we are an application company. There are 2 things that happen. As an application company, we needed -- we knew we had to... — read more 

And we'll pay the price. What happened last week will look small compared to what’s coming, because everyone keeps throwing all their eggs into a basket that has yet to show any real results. There’s only so long you can get by on buzzwords and... — read more 

Sep09 6am UTC - Sep10 5:30am UTC totals: 78 layoffs, 33 additions. September totals (except Sep01): 4348 layoffs, and 279 additions. Methodology and day-by-day breakdown is in comments. I have a suspicion some locations (in Pacific region) do not... — read more 

Hopefully the stock increase will help those laid off with RSUs about to vest! Thoughts?

I feel something is going to happen. Scared AF! Should I look in to other jobs ? I am an applied scientist working on LLM prompting .

All that matters in corporate America is shareholder value.

What do you think?

Or are they about to hit this week? It’s so hard to keep track. My team in NZ hasn’t been affected yet, but that doesn’t really mean much.

Your voice survey link was sent me for the yearly employee survey. I really have mixed feelings about giving real honest feedback. Leadership knows who doesn't fill out the survey and it doesn't take a rocket scientist to figure out who has... — read more 

Back in the day, people got laid off and then hired back. It was a worker shuffle. A new person would join while another left, but the top brass always stayed because the product wasn't going anywhere. Today, In AI era, entire roles are being... — read more 

Lately it feel we would be the next one… Any input?

I haven't seen/heard anything hitting EMEA just yet and its just a waiting game which is not ideal

Sep08 7am UTC - Sep09 6am UTC totals: 87 layoffs, 193 additions. September totals (except Sep01): 4270 layoffs, and 246 additions. Methodology and day-by-day breakdown is in comments. There are rumors about Australia and NZ for tomorrow.

Not all our projects are that stable.. Not sure what is happening.

Each day it more and more reminds Squid Game. I am happy that I left it before this sick olympic cut game started. Remember to refresh your resume, plan updating your skills (there are many trainings online), do not ignore mental issue signs (burnout... — read more 

Pass the screen, go for the round of interviews, how long before you hear something? Same Day? Couple days? Week? Do rejections come immediately while silence means a possible offer? Or is it the opposite, if they are interested you get an offer... — read more 

Anyone know whether the severance pay will be lumpsum or month by month?

There’s no end in sight, and we still don’t know anything. It’s a terrible feeling not knowing what to expect, not knowing if you’re safe, while watching coworkers get let go with no clear criteria. I’m stressed out of my mind, just like most of us... — read more 

There is a lot of anxiety in the Austin campus but haven't heard of anyone getting impacted by the lay offs. Are there any Austin employees affected?

It is obvious they do not see us as people. I wish everyone here could leave at once because none of us should settle for this treatment.

Why are people acting like this is done? Many more will lose their jobs before this is truly over. This is, at best, a short reprieve.

Sep06 7am UTC - Sep08 7am UTC totals: 13 layoffs (NZ and Australia already started week). September totals (except Sep01): 4336 layoffs, and 53 additions. Methodology and day-by-day breakdown is in comments.

This past week took everything out of me mentally. It drained me to a point where I can't even think about work without feeling anxiety and dread. I have no idea how I'm supposed to be productive going forward feeling like this. These layoffs... — read more 

Check the WARN list online!!!!

Are laid off employees still eligible for internal jobs? If theyhave been selected for the loop interview prior to layoff?

Any layoffs there?

While workers were getting laid off and RIF’ed thos gratuitous butt kissing session was happening literally almost at the same time: https://youtube.com/shorts/8XPy0R5SClQ?si=5NXfh94XazCheN57

Do you know that in US annualized wage increase in Aug was 5%, with inflation elevated. So if you haven't received any salary increase in last year, (or years) Oracle literally saves on you and doesn't appreciate your work.

But if I do stay, what’s the point of getting invested in my work? Hard work and skills aren’t rewarded here. They’re punished. Because in the end, they just come with a higher price tag.

After a few years at Oracle, I was let go, not because of performance but because of this AI nonsense. Still, I’m not surprised when I took this job, I knew this company didn’t care much about their employees, but I was happy to have a paycheck and... — read more 

With the brutal layoff's , I am also one of those unlucky one with close to 30 years of hard work & dedication. Anyway, hope someone can shed light o my questions below. I am based out of CA With COBRA , Could I choose only dental & eye insurance... — read more 

Given that the lay off selection didn't consider a person's performance rating, how on earth does Oracle think they can motivate the employees who remain ? Well, apart from maintaining a culture of fear and simply telling them that "youre lucky you... — read more 

Good to see SC still has the bandwidth to dine with DJT et al to celebrate AI investments, midway thru one of ORCL’s biggest RIFs in decades … The RIF to fund, at least in part, more investment in … AI infrastructure. Not the best... — read more 

Sep05 6am UTC - Sep06 7am UTC totals: 245 layoffs, 53 additions. September totals (except Sep01): 4270 layoffs, and 53 additions. Methodology and day-by-day breakdown is in comments.

Was the cut through every department?. Also, was the manager or the director the one who chose which coworker to let go? Some team report that the chosen one where great contributor yet I my friend was let go and it look like it was personal….

I'm stuck working with people whose IQ is a few points above than a box of rocks. Not the sharpest tool in the tool shed, and I wind up doing their jobs for them. Not only do the smart, hard working people that got laid off got the shaft, but those... — read more 

It feels like Yong-Hee has visited every location, region and remote worker over the last two weeks. Squid Games is real and we know LE and Catz are the ones in the masks calling the shots when it hits RED. The only ones left getting Mr Piggy are the... — read more 

It appears that over 17,000 layoffs have already occurred, and the process is still ongoing.