Has anybody heard any more about the $1 billion cost reduction program Oracle execs have cooked up? The word a few weeks ago was that layoffs may disproportionately impact workers in the US and Europe in business areas such as marketing for... — read more 

In my opinion, Oracle has unfortunately not been an innovative company for a long time. Why is it like that? Where did the innovation go? Does the leadership really think that without innovation this company has a future? Is our leadership even... — read more 

gotta hand it to the genius's at Cerner. We paid them $28B for the acquisition and one of the largest installations/deals Cerner had was with the VA ( the VA modernization program was valued at $16 B). Now we find out that the VA has... — read more 

Oracle has run out of time. “All” of the previous acquisition units were never a long term solution, SUN, BEA, Pillar, Micros, Cerner. They simply buy any product and immediately gut it and reap as much profit from the carcasses as possible before... — read more 

Anybody work in support? The whole organization is trying to ki-l itself with metric after metric. Pick a lane. Sheesh

If the Oracle apologists, who come in and attack and insult people who are only concerned about their futures; if the apologists were in fact the targets of the next round of layoff. They call us deadwood for posting here, while they themselves are... — read more 

Just wanted to save it here for the record.

I keep seeing the term "Dead Wood" being mentioned. What these people don't understand is THEY are the "Dead Wood." Go ahead and beat yourselves on the chest watching others get laid off or fired believing it is all on them. Having spent years at... — read more 

They looked very attractive! I planned on how they would pay off my mortgage in just 3 years. It all looked great! That was the demo! RSU’s then became the yoke around my neck. The worked me longer and harder than any of my colleagues. ... — read more 

The layoff news has given positive advantages for O to boost itself Stocks might go up on layoff news People fear of recession and stay for low salary increments and low salary like slaves Scrap dead wood

https://dbakevlar.com/2022/07/oracle-database-service-on-azure/

Worried about layoffs and downturns? Recruiters aren’t: ‘We’re still seeing job growth on the whole’ https://www.cnbc.com/2022/07/22/are-layoffs-and-downturns-coming-recruiters-arent-worried.html

Are they ruthless enough to lay off someone on MAT leave? Does FMLA protect you from a mass layoff like that is that just another means nothing law? Any idea how long you get health insurance once let go? Just added my baby.

Oracle VPs and above are the very LAST people who will be let go in this layoff. Simply looking at history tells you that. That said, there is one h3ll of a lot of dead-wood that can be easily preened out of Oracle. Conservatively... — read more 

Does oracle have to provide a federal or California WARN filling for the large layoffs?

I just confirmed my RSU is vesting on August 3rd. Worst case scenario, if I’m laid off on August 1st, am I completely out that money? I’ve read that it depends on the company. Has anyone had any experience with this?

If there is a RIF, it is already set in stone who is on the list. It was planned months ago. That's how ours was because of one little slip. I tried to get my location swapped six months before the RIF and I could not do it. Nobody would tell me... — read more 

Oracle urgently needs a fairer approach to layoffs. Those who are affected, I have no doubt that they will manage and find something better for themselves in the foreseeable future, but it is very disastrous for this company to cut people who... — read more 

Usually H-1B positions are claimed that there is no one in US for the position to be filled. if 3 persons in a team and one with h1B should be the first one to go ? compared to the Citizens ?

Anybody (the formerly laid off) have any details on the layoff package?

With the pending layoff the HW org's number has finally come up. No more Sun boat anchor after next month. Remaining employees will sleep better once that chain is cut once and for all.

Are you kidding me? Where have you been for the past several years when we lost some of our best to layoffs? I personally know at least three people who had indispensable tribal knowledge and were among the hardest working folks who were laid off... — read more 

Hiring people for a short time just to lay them off. Is there any logic in that? It's ruthless.

How deep are these cuts going to be? What divisions? WTF are we supposed to do??? It's like a really really bad dream. It just keeps getting worse and worse, a total nightmare!

More likely because of huge investment in Sports Marketing like Red Bull Racing and Sail GP. Not enough money left over for other marketing

I’m not in marketing or product development but am customer facing. Am I safe? Manager says so but I really hate joining at a time like this (acquisition/cost cutting came after I joined).

What may just sound like a slogan, is actually a central pillar of corporate strategy. It is ripe with potential! One Oracle has the potential to reduce redundancy in Sales and sales support systems. Rather than having a license team, a hardware... — read more 

I have been looking for a new job for a long time and I still haven't found anything much better. What are your experiences? While some assure me that the market is hot and that it has never been easier to find a new job, my experience does not... — read more 

... in loving, caring fashion. BOHICA!

https://www.crn.com/news/cloud/oracle-s-potential-cost-cutting-efforts-5-things-to-know/3

It's the one you were warned about again and again on this board It's the reason you were told to look for a better gig elsewhere It's the one you prayed would never come It's the one you can't hide from It's the one that finally catches up... — read more 

There is a lot of news outside, is there a layoff really? If so, how many people got impacted?

anyone else hear their team was doing a stack-rank? in one (very sick) case I heard a team was asked to "self stack-rank". Eeewwwwwwwwwwwwww!

Do you know what kind of illegal sales tactics they are talking about here? What did we do wrong? https://www.theregister.com/2022/07/13/move_to_settle_class_action/

That's not what's going to happen, though, judging by previous rounds. Layoffs will be primarily based on who managers like or dislike for whatever reason. Who earns the most (mainly, the older employees who've been here the longest and have earned... — read more 

I think everyone agrees that a large cut may be coming to CX very soon. After a string of semi-successful acquistions and poor integration plus miserable innovation - CX seems to be tired and undesirable. The management behaved like a good old... — read more 

...what bail out options come to mind? What kind of options are considering... I hope this is all going to fly over our heads but I also want to be ready...

https://www.businessinsider.com/oracle-advertising-laid-off-staff-rsu-compensation-losses-2022-7 Layoffs happened in two rounds June 16th and July 1st. About 60 people impacted.