Topics regarding layoffs at Oracle Corp.

Topics regarding layoffs at Oracle Corp.

Nobody is looking for OCI skills or certs

It just never comes up! What is your experience? What I have seen, Oracle used it to get rid of long serving employees and not make it look like age discrimination.

Labor union at Oracle?

Anyone want to help organize? The employees have been pi---d on for too long.

2024 restructuring plan

As stated in the most recent 10Q this is where we stand. Total estimated restructuring cost is at $609 million out of which $153 million has already been recorded. $456 million remaining through the end of fiscal 2025.

As I leave...my thoughts

Leaving Oracle after 17 years, my two cents. The big shops, financials, SCM, HR, Psoft, will always make money. Usually never have layoffs unless it's from some quirky decision. Always tons of parnters doing that work if you do leave from one of... — read more 

Oracle+Microsoft=love

0 to 46 regions: 6 years 46 regions to 0: 1 day What Larry maketh, Larry killeth I need to start working on my Azure certs Best multicloud: the converged cloud, two clouds in one datacentre. On 14 September Oracle had a cloud. Had. Hyperscaler... — read more 

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| 2750 views | | 12 replies (last October 10, 2023)
Post ID: @OP+1oCu73w8

GLINT -- and the survey says???

Any insight into the glint survey? Is it worth completing? If so does adding comments help or not? Is it truly anonymous or can they track and target someone if they don't like the comments? Does anyone expect changes/actions as a result? Is it a... — read more 

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| 2980 views | | 11 replies (last September 18, 2023)
Post ID: @OP+1oByfBqC

Stock down due to Cerner

https://www.fiercehealthcare.com/health-tech/oracle-ceo-warns-cerner-ehr-business-facing-near-term-headwinds-revenue-growth

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| 1920 views | | 6 replies (last September 24, 2023)
Post ID: @OP+1oBRjZyH

In just over a week

Las Vegas will close. The following Tuesday should prove interesting, especially following the last results. Their latest model is not working. Time to invent (recreate) a new one.

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| 2190 views | | 13 replies (last September 27, 2023)
Post ID: @OP+1oBKNAkB

Cost overruns.

https://devops.com/oracle-birmingham-erp-toyota-space-richixbw/

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| 2190 views | | 7 replies (last September 13, 2023)
Post ID: @OP+1ow4qmJY

What size company are you comfortable in?

I've worked in several companies. Oracle was my worst experience. Large companies seemthe worst. Lots of politics. Oracle though was much worse than most, really dishonest management. Lots of posts on here about mid mgmt corruption but it appears to... — read more 

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| 1560 views | | 9 replies (last September 9, 2023)
Post ID: @OP+1olyXxQC

Rehire

Thinking about applying back to oracle after leaving a year ago. What are the chances of getting rehired?

Still Necessary?

This page has been so quiet. Has Oracle amended its ways? Are layoffs a thing of the past? Is this page still necessary?

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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| 2470 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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| 1674 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).

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