Did he resign or get let go? Is this indicative of a deeper issue with the Cerner integration?

They don't need to lay off people in my area; All they need to do is to maintain the hiring freeze that has been in place for the past 8 months; attrition will take care of the rest. Exactly. It is surprising how many of my colleagues are leaving... — read more 

Anyone has access to the story behind a pay wall? https://www.businessinsider.com/leaked-oracle-emails-exec-leaving-layoffs-advertising-reorg-2023-1

Looks like DOL has started auditing Tech companies.

As another poster already posted, in the below document, on page 20, the 2022 restructuring costs have been lined out... in the footnotes of the page, it's noted that these "restructuring costs recorded to each of the operating segments presented... — read more 

What’s going on with OA?

The only way you can protect yourself against the coming layoffs is by being prepared and having several options to fall back on if the worst happens. All the energy you're spending stressing over whether you're safe or not would much better be spent... — read more 

Big meeting for the OCI department tomorrow.... Pretty damn worried

7%

I have no idea who you are talking about 75% of the time. There’s hundreds of Oracle execs, I can’t be the only one confused here.

https://www-cnbc-com.cdn.ampproject.org/v/s/www.cnbc.com/amp/2023/01/20/google-amazon-microsoft-meta-twitter-severance-packages-compared.html?amp_js_v=0.1#webview=1&cap=swipe Companies can offer as little or much as they choose. Companies can... — read more 

From Oracle Investor relations page : https://investor.oracle.com/sec-filings/sec-filings-details/default.aspx?FilingId=16257261 Restructuring section shows : $927M is allocated for End of 2022 and First of 2023. However $507M is spent so far. So... — read more 

Rumor has it that there will be more changes in marketing soon. Title changes, pod changes, dont know. Brace yourselves and keep looking for another job.

Happy lunar new year to everyone but LJE, SC, and too many middle managers to name. If you were born in the year of the rabbit, you probably should look for another job given the craziness of everything too. Speaking of the craziness, layoff season... — read more 

It will pay your bonus or severance this year.

This needs a thread... If you’ve done nothing wrong then no need for a meltdown. Mid mgmt is corrupt and employees especially those that have had real life experiences with mid mgmt abuse, need to have a safe place to tell truth. Layoff of thousands... — read more 

Continue hiring more H1bs at the expense of US citizens?

Fake, fake, fake, fake, fake....

Once again this warrants a post, the classic Oracle Dumpster Fire gif. Always good for some laughs, Enjoy! https://thumbs.gfycat.com/BlackandwhiteSmugDragon-mobile.mp4

Alphabet said it would offer U.S.-based employees two months notice, plus 16 weeks of severance pay, along with two additional weeks for each year an employee being laid off from the nearly 25-year-old company has worked there. The company will also... — read more 

After Amazon, Microsoft and Salesforce, Is O going do it again.

ORCL was late on cloud game and now it's late on A.I. game MSFT is already putting a ton of $ on ChatGPT. What's ORCL doing on A.I.? Hope the high salaries at the top start to do something before is late again.

In case of a layoff, would they pay the bonus for the previous or current quarter? How would this change, if one were to resign?

I just saw that 184 people were let go on Tuesday Jan 3rd in Romania. It seems that Oracles new trend is the first Tuesday of the month. So I don't think many or maybe any layoffs will be made on Jan 17th as I originally thought. Pretty sure... — read more 

We won't sc--w you as bad. You still have to run Oracle though. And you still have to listen to LE at our events.

heh heh https://www.sfgate.com/hawaii/article/larry-ellison-ticketed-in-lanai-17711471.php

Can any M4+ here share details on upcoming layoffs in OCI? Are there any plans for layoffs within engineering soon? If yes, how many and has the list been created yet?

Unless you are close to actual retirement you need to find a way out. Eventually you are going to get caught up in it and if the economy takes an even bigger turn down, getting back to work may be difficult. So leave on your feet rather than on... — read more 

That way we can keep jobs in US. There are other places is US much cheaper than Bay Area. E.g Charles Schwab moved to Denver, Colorado and other cities.

It's a new week and it's time to wipe away those holiday eyes. The real world has returned and tech layoffs are back with directives from Amazon and Salesforce. Is Oracle next? Do you even have to ask? The answer is always yes, and no you will not... — read more 

because they trust their managers Is that funny?

Oracle has 420 million to go before June 1 2023. Some of you will get your package if you have been with Oracle for more than a year or so. The question for everyone is... when? Traditionally the layoff cycle has been at the end of the year, June... — read more 

Anyone have information about the impacted this week?

10% of North American Cloud will be laid off in February. Consider yourself warned.

all quiet on the home front

At least Marc Benioff admitted hiring too many people. We still haven’t heard anything but rumors at Oracle, much less that LJE and SC botched their Cerner purchase.

Happy new year to everyone but LJE, SC, JM, CM, SM, and all the corrupt middle managers who sold out individual contributors last year and will do more this year. May you have spent the holidays productively, since layoffs are probably on the menu... — read more 

Hello job seeker! Looking for a new opportunity? On the layoff page looking to understand the risks of joining Oracle? Navigated to this thread? You’re at the right place, because if you have other offers, take those. If Oracle is the one job you... — read more 

Just a few more days before the January cuts begin. May we all resolve for resilience in 2023.