If among those who get cut are many who worked really hard, while those who worked just enough to avoid getting into trouble survive, what kind of message does that send? They've cut a colleague of mine, who was a real pleasure to work with and... — read more
Oracle has deep insight to the ages and locations of their current employee base
They know exactly how many in what business unit in what location will trigger any state labor board notification. Management has not acknowledged many of the layoffs from the past for very specific reasons. In rare cases over the past 15 years has... — read more
Pure Delegators should be Fined : Transform Directors to Developers
Salesforce is doing it: https://www.msn.com/en-in/money/topstories/salesforce-turns-middle-managers-into-individual-contributors-to-boost-efficiency-details-here/ar-AA19utkE How about some directors, CMTS and senior managers inside Oracle who just... — read more
Just got notice. How or who determines if you get the AX?
Just got RIFed. Any insight into how they decide? Is it your direct manager decision whom to let go or do they tell them whom to let go? I’ve been working quite hard and doing well so it’s a bit or surprise. Have been here just under ten years... — read more
Layoffs
We're the layoffs just in the US?
More layoffs in OCI
Should we expect further RIF across OCI over April/May? And maybe next FY, August/September
Oracle Managers, current or past, how did you monitor remote employees?
How does Oracle enable monitoring of employees? Do they track keystrokes? online time? mouse movement? do they turn on microphone or webcam? (these two seem like a serious invasion of privacy!)
PayIt co-founder thinks company can be as big as Cerner, which helped shape him
John Thomson, who’s adamant about growing in Kansas City, thinks his company PayIt eventually could reach the size of Cerner.
Confirmed. NO focal in FY24 org wide
Just confirmed in our all hands by our GM. No formal focal across Oracle in FY24, regardless of business or individual performance. Reason given was the economic climate. How does this make you feel?
Years without a raise
I would never stay in a company where I wouldn't get any pay increase for years. So I wonder why those who say they haven't gotten a raise here in a long time don't look for better opportunities elsewhere?
Any new layoffs happening now in CEGBU?
Any layoffs happening in CEGBU?
Anyone here making $100k+ in Support? Salary ranges for IC levels?
What's the salary range for support right now? For IC2, IC3, IC4, and IC5? What is the approximate range for each position? On Google, it says that the California Pay Range: is from $37.45 to $72.88 per hour; from $77,900 to $151,600 per annum. Is... — read more
I don't get all these layoffs in tech
Why in the world do these companies keep thinking that firing their most experienced and knowledgeable employees is the solution to fix the problems caused by their lousy and selfish bosses? Has this tactic ever actually returned anything but... — read more
No raises planned for 2023/2024.
Want to still fill out the surveys ?
What is with the promotion/ladder climbing culture?
I've heard from managers who were interviewing candidates that they are immediately asking how quickly they can get a promotion... There are so many on my team who cause a stir or simply quit when they don't get their promised annual promotion. Some... — read more
Hiring freeze
And my contractor role is not converted to Permanent. One new teammate is joining as Contractor too. Is this usual practice for Oracle?
Why Oracle Cerner’s layoffs didn’t trigger a WARN filing
How does Oracle layoffs mostly go unreported while other corporations are picked up by the news media almost immediately? The Kansas City Business Journal reports "A number of Oracle Cerner employees posted about the layoffs on social media. Even... — read more
Did Oracle ever have job security?
I’ve been here for a little over two years and in all that time I have been worried about layoffs. I can’t believe that it was always like this. I can’t imagine spending ten or more years at a company and constantly having to worry about my job. When... — read more
Why are the OHAI Layoffs Super Secret?
Is it normal for companies to keep layoffs so secret? Can't find solid numbers anywhere.
Oracle Cerner appears to have started another round of job cuts
Oracle Cerner has started another round of layoffs that appears to be part of a restructuring plan Oracle Corp. approved in fiscal year 2022 to bolster operational efficiencies after its acquisitions, including Cerner Corp., according to SEC... — read more
For you my dear Ex
Once a leader of our team, Now the bearer of bad news it seems. Your actions have caused pain and strife, Yet we must move on with life. You may have thought it was best, To let go of a valuable asset. But know that your decision had an impact, On... — read more
Major culpable absenteeism with team members
I've been with my org since before the pandemic. We were converted to full remote workers at the start of the pandemic. I am finding people on my team are calling in sick once a week often leaving other colleagues attend meetings for them etc... — read more
Marketing Layoffs
Do you think we’ll have more despite last year’s gutting? With JM being so cheap, it seems like he will be planning for more. SC and LJE have to be in his ear…
Is Oracle 131B Dollars in Debt?
Looking at the latest Q3 2023 financials it says under the LIABILITIES AND STOCKHOLDERS' DEFICIT section: Current Liabilities (debt that has a maturity under 12 months): 22.8B Non-Current Liabilities (debt maturity over 12 months): 110.6B Total... — read more
Layoffs today for Oracle Cerner
Unsure of numbers but rumors 10% of Oracle Cerner laid off today.
Any news about Romania?
Hi all, I just wanted to ask if there is any specific news for Romania, regarding: Remote roles (what is on the table for us, if this is country-specific by any chance, or is something just for a few people, or is it at department level regardless of... — read more
How is Oracle services doing ?
From Sec report, we see that Oracle services is doing poorly. Income is 1376 where as expenses is 1215. Not sure if the numbers are adjusted for stakeholders. Who leads this org? and were there any layoffs earlier on this ?. Seeing this as more... — read more
Monday morning meetings
Anyone else have an uncharacteristic mtg. scheduled Monday morning?
Which GBU are restructuring?
I’ve heard a few of the global business units (GBUs) under Sicilia are restructuring. Does anyone have any insight? This is all from the rumor mill
Expecting more layoffs to come
Well expected results for Q3. Oracle's operating expenses were so high and I expected Oracle to play down with restructuring. Oracle also handles litigation, acquisition expenses as part of its restructuring in addition to layoffs. This Quarter... — read more
Oracle returns its employees to office
All employees got an email today titled "Update to Oracle Work Policies"
$342 million of severance in the next 3 months
Latest SEC filing: https://d18rn0p25nwr6d.cloudfront.net/CIK-0001341439/35a1d4a1-31e7-4358-99d3-c2d0a981e4a5.pdf From page 18: $342 million of restructuring costs (employee severance) in the next 3 months . $224 million in Cloud and license. $7... — read more
8-K
Read the 8-k and it looks like there were $359 million in restructuring costs so far in FY23 which includes $78 million in Q3. Didn’t see a mention of forward looking restructuring costs but if we go off of past filings, there is still a significant... — read more
Are you guys not sick of so many all hands ?
I don’t think I have time to work due to these stupid meetings.