stop talking, jump off the ship now.
It may never be possible to attract such people again
Buckle up for more layoffs to come. What is totally demoralizing is that they are cutting some of the best performers. What a mistake! Not only they may never be able to attract such quality and capable people again, but - what message is Oracle... — read more
Expect Extreme Layoffs in November, $519 million Left and most likely will be paid out over the next few weeks
This summer there was a rumor of 1 billion being floated around by the Oracle execs for severance packages. From the latest 10q we know that number was finalized at $888 million. Plans are in place and it's up to figure out what they are. This... — read more
Which OCI orgs are impacted ?
Anyone from new Cerner division in OCI?
An interesting read - not hiring from the "Tech Hubs"
https://www.businessinsider.com/oracle-avoids-job-seekers-from-san-francisco-new-york-seattle-2022-10
The writing was on the wall
Nobody wants OCI. Just being honest. Selling it as a rep or tech\architect is like having your nails removed with plyers. Most customers are ready to slam the door in your face. The only saving grace you have is if they like you personally - they... — read more
Business Insider: https://www.businessinsider.com/oracle-layoffs-north-america-cloud-technology-organization-2022-10
Business Insider: https://www.businessinsider.com/oracle-layoffs-north-america-cloud-technology-organization-2022-10
Layoffs with AEs?
I’m seeing some layoffs yesterday among the cloud BD org, but am yet to see any shakeups with the actual sales reps. Anyone seeing different?
Larry Ellison fought internal battle to ki-l Oracle's first-generation cloud
https://www.theregister.com/2022/10/24/ellison_oracle_cloud/
Be prepared for layoffs throughout the week
I'm betting you there'll be layoffs throughout the entire week. Usually, if there are cuts, they start on Tuesday. The fact that this started on Monday says enough about what we might expect. And I don't care what the leadership might have said or... — read more
Quite layoffs
https://www.businessinsider.com/oracle-layoffs-north-america-cloud-technology-organization-2022-10 Any update regarding above?
Oracle Laying Off More Employees
Oracle is laying off additional employees just months after a round of layoffs led to “complete chaos.” Companies large and small have been slashing spending, freezing hiring, and laying off workers amid the worst economic downturn in years. Oracle... — read more
CloudWorld was a Damned If You Do/Damned If You Don't Moment for Oracle
I spoke to someone who went to CloudWorld. They were a developer and said that most of the event was marketing and there wasn't as much technical information. Given the layoffs that occurred today, it should be evident to anyone that the event was... — read more
Anyone ever seen layoffs like this at Oracle?
It seems indiscriminate. Looking for someone who was here maybe back in ‘08 or any previous downturns. Did lay-offs look similar to this? They are laying off top performers, entry level people who don’t command high salaries, engineers, sales etc... — read more
OCI - Almost as good as AWS!
If you are stuck with Oracle already, migrate to OCI. We will give you some “support rewards” to make you less dissatisfied. It’s almost as good as AWS 😀 plus we will throw in a signed picture of LE on his island. Oracle cloud jail isn’t that bad... — read more
It really is insane
It really is insane and asinine to be able to hold a cloud world and then begin layoffs promptly after in all things CLOUD. You tell the world how great the platform is and how all these companies are coming to it but you apparently have that much... — read more
Have any layoff communications been made?
When AK was cut in June, marketing was shuffled into individual Zoom calls and told verbally, but directed not to share anything on Slack (communications were being tracked, they said). When JL was cut, it was much of the same. Has anything been... — read more
Layoffs in NACT
Welp, looks like it’s happening today. Seems to be mostly in OCI / Mark Hura’s org.
Layoffs In Vinay Kumar’s org happening
Layoffs are happening in Vinay Kumar org right as i type this
What is the justification of keeping in America
employees who are under work visa when Americans are being let go?
According to 10q there are $519 million left allocated to restructuring
Which means there are $519 million reserved for severance packages cost; Let’s suppose the average severance package in high salary areas such as North America, Western Europe is $25k, it would mean the number of upcoming laid off employees would be... — read more
As The Oracle World Turns, Week of 10/23
With CloudWorld now over, up next is the long, slow ride to additional layoffs. In between Gartner MQs for some products, there isn't much to look forward to for O employees, is there? What's the scoop this week and who's got bets on layoffs and... — read more
The Wheels on the Bus...
https://www.youtube.com/watch?v=ki_R_4FcFK0
ave Imperator, morituri te salutant
Cloud world is over. Now the fun begins!
Next Wave of Oracle Layoffs Likely (259 Million) in first Week of November
Best guess is Tuesday November 1st ... 1 week 2 days and 13 hours as of this post. I expect this to be at least 259 Million in packages and using first in first out, people hire recently will be the first out the door. Sorry for the new hires you... — read more
Oracle Cuts Talent Spending on OCI, Its Biggest Cloud Bet
Oracle insiders say that even its all-important cloud unit is being dragged down by new restrictions on hiring — a major turnaround for a unit that usually gets whatever it... — read more
Info on layoffs?
Hi, I'm Ellen Thomas, a technology reporter at Business Insider. I'm looking to speak with people at Oracle who want to talk about layoffs. You can text or call me on the encrypted messaging app Signal at 646-847-9416 or email me at... — read more
Any Cuts in Oracle's Seattle Office? Rumors Say So...
Oracle Corp. is reportedly slowing its hiring, particularly in the Bay Area and Seattle, as it cuts jobs. Hiring managers at the enterprise software giant have been asked to push back start dates for new recruits as hiring in general has been... — read more
Oracle Visionary on Cloud
Here is what your keynote speaker said in 2015 - "Maybe I’m an id--t, but I have no idea what anyone is talking about. What is it? It’s complete gibberish. It’s insane. When is this idiocy going to stop?"
Cloud World: For your viewing edification and pleasure
Get smarter by watching and listening to the Oracle Leadership Team at Cloud World (aka, this is why they're rich and you are groveling around in the dirt) Larry's Keynote: Solving the most complex problems across... — read more
Final Day of CloudWorld.
The grace period is over. Now the real pain begins. How many days til CloudWorld organizers get laid off?
The wheels have finally come off the Oracle bus
This year's "Cloud" World cinches it -- for the first time, the lack of attendees and excitement around this event proves definitively that Oracle is really no longer relevant to the industry. Nobody cares a wh-t about OCI and any announcements they... — read more
Oracle employees say a wave of new hiring restrictions is cratering already low morale, and many worry another round of mass layoffs is looming
So who has a Business Insider subscription? https://www.businessinsider.com/inside-oracle-hiring-freeze-layoffs-oci-2022-10?r=US&IR=T
Oracle Pushes Forward with New CX Innovations Amid Layoffs
The Oracle hype train in full view: https://www.techtarget.com/searchcustomerexperience/news/252526230/Oracle-pushes-forward-with-CX-tech-amid-layoff-cycle?amp=1
CLOUD WORLD: Follow Up
Pack your bags!
Oracle TV OMG LOL
WTF was that
**PSA** Oracle Employee Doormat Principle Defined
Lots of references to the "Oracle Employee Doormat Principal" recently. Take a long look in the mirror and ask yourself if you fall into this category. Remember that acceptance is the first step toward recovery. Ref @OP+1gWNWn0O - - - - - - - - -... — read more
The grass is NOT greener on the other side
Some cretin a while back claimed that the grass was greener on the other side. I'm here to tell you that's not even close to the truth. I left Oracle about a year ago and it turns out the grass is actually BROWN on both sides. The money might have... — read more
Cloud World: OCI - Front and Center (link)
OCI lineup here: https://www.oracle.com/cloudworld/oci/ Of particular note, see the following section Boost your OCI skills "Migrate, modernize, or innovate. OCI lets you do it all across hybrid, multicloud, and dedicated environments" Includes... — read more