There is upside here everybody! It's called increased shareholder value. Shareholders own Oracle so they own your sorry butts too and shareholder value is ALL they care about. Get used to it. It's what happens at the bottom of the barrel which is... — read more
Leadership is planning big RIF
You heard here first. We're currently doing RIF planning in preparation for the incoming recession in 2023.
Layoffs cause much anxiety. Hope this might be somewhat helpful.
shared from a newsletter POSITIVITY LEADS TO WINNING I'm very competitive. You may be surprised to hear that if you've read my books or seen me speak. People who play sports with me are surprised at how competitive I am. As a kid I grew up... — read more
Cloud World renaming suggestions needed
Put in your votes or suggest others! Hatchet World POS World Su---r World Chump World RIF World Loser World Larry World Island World Oligarch World Loser World Zombie World Bu-t Crack World Sc-m World Relive your Glory... — read more
Next round of RIFS
November 16 is communication date for US Marketing employees - FYI If you’re at RWS, you’ll get WARN act but if not, start looking!
ACX round 2 in November.
Don’t become a thanksgiving turkey.
We are still adding headcount
... and that means growth. I know this site is made for folks to vent but I have to admit that I am impressed with all the growth that I am seeing. So, things may not be as dismal as one would predict and Oracle may continue to be at the top of the... — read more
This is Where Oracle Ends Up
The year is 2025. Inflation is still an issue and the economy muddles along. Oracle, realizing its $28 billion dollar acquisition of Cerner was a bridge too far, continues to struggle. To remake itself: Larry decides that the company will focus... — read more
“CloudWorld” for a company with <2% market share?
What a joke. Deny cloud for years now try to jump on the bandwagon. You can’t BS the numbers. Talk about OCI’s impressive growth but you are starting from a small number. And to have the cloud denier himself as a keynote speaker? What a hot mess…this... — read more
More USLayoffs Monday?
Anybody heard anything? We’ve heard rumblings.
Oracle UK Marketing team gone
Today UK Marketing teams have been informed their positions are being made redundant. Same happened to 48 people in Germany just 2 weeks ago. Approx. 300 people will be affected in Romania and approx. 1300 in Europe overall. This is such a... — read more
BRM folks safe?
again?
Rifs in EMEA Customer success org
And so it begins….. Rifs confirmed in customer success org in UK & Romania so far with more expected.
Anxious about cuts or...?
If I were in Oracle's management, I would be very disappointed if I found out that many employees were eagerly awaiting their severance package to get out of this place, rather than being worried and anxious about whether they will be one of the... — read more
The Oracle Emperor Has No Clothes....
LE is still calling all the shots and his leadership team is afraid to tell him the truth. They let him deny cloud for seven years while AWS grew right in front of his eyes and now he is clueless. Renaming Oracle World to Cloud World will not solve... — read more
Cerner employees have been added!
How long before we start to reduce the headcount? November 1st? Merry Christmas!
RWS RIFers Complete Tomorrow
It’s been a long two months, but we are free. Feels nice to know we were part of the first wave. For those still there, we are thinking of you.
Belfast, Ireland, almost completely RIFed
Entire office minus 3 people RIFed. 3 remainers working 100% remote to a Senior Developer in IDC.
Pay boosts for Oracle's Ellison, Katz move their rewards past Apple's Tim Cook
Just as ORCL common shares go rocketing down. Awww, that's kinda cute!
November 1st 2022 layoffs look likely
Oracle laid off quite a bit in early August... end of Q1. This is a shift from laying off at the first of the quarter on June 1st.. Since layoffs are clearly an accounting driven event, the latest accounting trick seems to be to put the expense at... — read more
Don't rely on severance too much
If you think you're going to make out like a bandit with a severance, think again. The severance gets taxed in a big way, so you'll have a lot less money for your expenses. Also, if you plan to use COBRA to extend your medical benefits, be ready to... — read more
How picky are you?
I am debating whether it is wiser to accept a lower paying job or to wait for the severance pay which I'm afraid won't be enough after all the taxes. Considering inflation and the fact that the labor market is not exactly an ideal situation... I am... — read more
Is the nightmare rumor true about another layoff?
Another massive layoff coming? I heard it's going to be way worse than last month if that's even possible.
In case anybody was looking for motivation to keep trying - this won't do it
https://www.bizjournals.com/sanjose/news/2022/09/28/oracles-ellison-katz-made-more-than-apples-ceo.html Glad to see this, especially since it's only been a few weeks since my manager told me I would not be getting a raise AGAIN this year. Man I... — read more
Friends
Not a layoff post, but let’s take a moment to keep our Florida friends and coworkers in our thoughts.
RIF in EMEA has started
It was internally announced that the RIF in EMEA has now started. They have just informed 48 employees in Germany that they are "at risk". Majority of those jobs are in Marketing. It seems that Oracle is completely revamping it's marketing strategy... — read more
Being serious here, is ANYONE happy at Oracle right now?
Trying to decipher what orgs/groups we are in--please comment (Anoyn obv)--and let the rest of us know how you feel, what your concerns are for layoffs, and just blow off some steam. I hate using the word "solidarity", but man, I didn't realize it... — read more
I ended my pain and suffering.
3 years ago, after 7 years of abuse and mental suffering by management; I finally found my way out of O and my life changed. I became whole again; I feel productive and feel like I am contributing towards my own career and customer success. I feel... — read more
Prepared and waiting for severance
I believe that severance pay is the best way out for many and that the vast majority are just waiting for the package to finally leave O........ Honestly, I hope I won't have to wait much longer.
Larry/Safra Invite You to Lanai. You Can Tell Them Anything You Want. What Do You Share About Your Time at Oracle?
First, I thank them for the experience I had at the company. I thank them for the skills, opportunity, and honor to work on some very world-changing products. Then I look them in the eye and tell them that if it weren't for their employees, they... — read more
SEC
Oracle fined 23 million, ge-z who did not take the anti trust training?
"Layoff", "RIF", "Firings" and "Downsizing" due to "Financial Necessity" are all such unpleasant words
I much prefer to think of these topics as "gardening", "pruning" and "tending to the flock" across the "changes in the seasons". Can we try to keep discourse on this board nicer, more pleasant, civil and upbeat? Thanks in advance!
Can You Say Anything Nice About Oracle?
The company is bureaucratic, the leadership is interesting, and the morale low, but... I can appreciate that Oracle got into the SaaS game, even if it was ridiculously late. Redwood Shores and the Austin office are beautiful. HR gives out... — read more
So Much Quiet Quitting / Quiet Firing Going On
From this board, it is apparent that many of you are quiet quitting or aware that you're getting quiet fired. Since the company is worth many of billions, it's not going to hurt—LJE/SC/JM will afford their third yacht, another Hawaiian Island, or a... — read more
How much cash was paid for cerner?
If O had waited they could have acquired 2 cerners for cash now. Ouch this deal is going to become Achilles heel.
The purpose of surveys
It's a joke that they even send these surveys - they don't care, nor do they listen about concerns or criticism. At this point, they're trying to drive people out before they end up axing them anyways. There should be power in numbers, with everyone... — read more
Glint Survery - Take a look and please add
Haven't submitted mine yet. Let's be honest, they don't actually give a flying sh*t. But please share what you submitted, I'd love to clog this thing with as many repetitious comments as possible. Clearly, we all have a lot in common. And clearly... — read more
So why all the retention focal raises and RSUs
...when they're just going to come right back at us with even worse layoffs than last month?! Sounds like a ream.
Shocking news, any idea
n a question-and-answer session during Oracle's last quarterly earnings webcast, Ellison noted that Oracle can save cloud users money and offer a better product than Amazon's AWS. He added: "We expect next quarter, we'll be announcing some brands and... — read more
Unclear pattern
It is totally unclear to me how Oracle decides who will be cut. What is the criterion? It seems that there are no rules because I know some excellent employees who got cut, but also some who really did not add any value. What interests me even more... — read more