It is absolutely appalling that while the web is flooded with "unofficial" reports all about Oracle layoffs.  Not a word has been communicated from our leadership about what is going on and what they have planned around laying off employees. No... — read more 

Even if I survive these layoffs, I will do my best to leave Oracle as soon as possible. Because it will be terrible for the survivors. I already know what awaits them - more work than ever, more stress than ever. This has become a place where... — read more 

I am reading about rescinded offers on top of the layoffs?

But now I don't think it will be long before it hits the rock bottom...

Even you are not affected this time. Sooner or later you will be removed. You are nothing.

Congrats, OCI bros. We are the core of the new Oracle and cannot be touched. Drinks on Thursday?

https://www.businessinsider.com/oracle-started-laying-off-us-employees-more-cuts-expected-2022-8

It's now in the news as well. https://www.theinformation.com/articles/oracle-axes-u-s-staff-part-of-plan-to-lay-off-thousands https://www.reuters.com/technology/oracle-starts-job-cuts-us-information-2022-08-01/

From what I can gather today everything I am hearing is that Layoff's are being done in US. At time of this post (now 2 PM) on East Coast our offices are now closed in Europe and I haven't heard anything from teams over there about Layoffs. ... — read more 

Lots of folks in marketing were let go too, part of their shared services concept. Events and operations positions from what I can tell

The OA team was affected. Pretty much halved the team.

Do we know the number yet? Someone mentioned 800 in CX (watercooler), does this seem about right?

Any changes to the standard severance terms for the departing folks. Sorry to hear about the cuts, given all the rumors about big CX hits that we had over last two months I guess nobody is surprised any more. Let's see how this one ends up, it feels... — read more 

Layoffs usually don't happen on Mondays, so the fact that we've already started means they need more time than usual to get it done. The number might end up being higher than we originally expected. I think we'll be seeing layoffs throughout the... — read more 

Have you heard about any layoffs outside CX?

Can confirm that Oracle had layoffs in the Burlington hub (CX organization) for the sales team and sales leadership. Don’t know the total scope, but I’ve been here about 7 years.

Please reply with any news you have of CONFIRMED individual, team and org layoffs. Please add business unit, how many people you KNOW are affected, location, and any known severance terms. Also if RSUs lost or kept. If you were not affected but... — read more 

I know I'm not the only one who spent the weekend stressing. It's only going to get worse from here. I'm at the point where I'm hoping we learn about layoffs on Monday if possible and be done with the whole thing by the end of the week. If I'm laid... — read more 

Anyone newly hired as a contract specialist. I see many job postings for this role. Is it on the chopping block?

I got a personal calendar invite from VP saying important business update. Will that be a layoff call?

https://www.fedscoop.com/rosendale-slams-oracle-cerner-ehr-rollout/ Who bets that old O can pull a miracle out of their corporate rearend?

One observation made by a mid level manager about upper management … “They are more concerned with why they can’t attract new employees to Oracle than they are about all the experienced talent walking out the door! This makes no sense!” With that... — read more 

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The tech giant recently considered cost-cutting measures to the tune of $1 billion which could result in thousands of job cuts on the heels of Oracle‘s massive $28 billion Cerner buy, according to a report published Friday. Oracle has recently... — read more 

According to a recent article on Dice there is a serious rumor that thousands of layoffs are coming across many organizations in August. That’s the rumor circulating at the moment, thanks to a July article in The Information that suggested the... — read more 

Word is that Oracle will cancel their complete commerce product line

OA already did layoffs in June, are they coming back for more?

Hiring is taking place daily. I know this to be true for OCI and I'm sure it's the same elsewhere as well. Why is this the case? Why are we hiring more people when we supposedly need to cut up to $1 billion in cost? Shouldn't there be a hiring freeze... — read more 

All Cormac Watters Org received an invitation on Thursday at 1pm UK / 2pm CET. In the invitation there are several HR Business Partners, I am sure during that Zoom they will communicate the Layoff. I bet the most impacted one will be CX, Account... — read more 

When I got the job here, I'm not gonna lie, I thought it was the best thing that happened to me and that I would be able to progress here. What a disappointment. Just out of curiosity, how disappointed are you in this company? How much a better... — read more 

Salary How long with company Functional area Last raise and percent

https://insights.dice.com/2022/07/26/rumors-of-oracle-layoffs-highlight-companys-position-in-cloud-race/

Oracle has always been very open, if not in words then in practice, about how iffy your job security is. You need to learn and earn to the max while the opportunity is there and always have a Plan B for when the music stops. Very few people I worked... — read more 

For now, I'm still safe, although I'm aware that no one here is immune to cuts. What interests me is your opinion, how much do recruiters now value experience from Oracle? (Someone wrote that the experience here is no longer of interest to anyone... — read more 

Ax Man, so much poor and rumorous information here, so little accuracy. Please enlighten us peons with your Great Insight and Wisdom around layoffs and who and what will be targeted. Please share your Knowledge and Insider’s Perspective with us... — read more 

Please share any info you have. Looking for the Total Comp in the Bay Area. Thank you.

If you are in ACX no matter what department you’re in get out now! If they continue to keep the existing management team then the business will continue to decline thus resulting in more cuts.

If the aim is to get rid of the highest earners who are 50+ and have to balance that with younger employees who have recently started to avoid accusations of age discrimination, I'd say those of us in the middle are the safest group at this point (as... — read more