If you think you're going to make out like a bandit with a severance, think again. The severance gets taxed in a big way, so you'll have a lot less money for your expenses. Also, if you plan to use COBRA to extend your medical benefits, be ready to... — read more
How picky are you?
I am debating whether it is wiser to accept a lower paying job or to wait for the severance pay which I'm afraid won't be enough after all the taxes. Considering inflation and the fact that the labor market is not exactly an ideal situation... I am... — read more
Is the nightmare rumor true about another layoff?
Another massive layoff coming? I heard it's going to be way worse than last month if that's even possible.
In case anybody was looking for motivation to keep trying - this won't do it
https://www.bizjournals.com/sanjose/news/2022/09/28/oracles-ellison-katz-made-more-than-apples-ceo.html Glad to see this, especially since it's only been a few weeks since my manager told me I would not be getting a raise AGAIN this year. Man I... — read more
Friends
Not a layoff post, but let’s take a moment to keep our Florida friends and coworkers in our thoughts.
RIF in EMEA has started
It was internally announced that the RIF in EMEA has now started. They have just informed 48 employees in Germany that they are "at risk". Majority of those jobs are in Marketing. It seems that Oracle is completely revamping it's marketing strategy... — read more
Being serious here, is ANYONE happy at Oracle right now?
Trying to decipher what orgs/groups we are in--please comment (Anoyn obv)--and let the rest of us know how you feel, what your concerns are for layoffs, and just blow off some steam. I hate using the word "solidarity", but man, I didn't realize it... — read more
I ended my pain and suffering.
3 years ago, after 7 years of abuse and mental suffering by management; I finally found my way out of O and my life changed. I became whole again; I feel productive and feel like I am contributing towards my own career and customer success. I feel... — read more
Prepared and waiting for severance
I believe that severance pay is the best way out for many and that the vast majority are just waiting for the package to finally leave O........ Honestly, I hope I won't have to wait much longer.
Larry/Safra Invite You to Lanai. You Can Tell Them Anything You Want. What Do You Share About Your Time at Oracle?
First, I thank them for the experience I had at the company. I thank them for the skills, opportunity, and honor to work on some very world-changing products. Then I look them in the eye and tell them that if it weren't for their employees, they... — read more
SEC
Oracle fined 23 million, ge-z who did not take the anti trust training?
"Layoff", "RIF", "Firings" and "Downsizing" due to "Financial Necessity" are all such unpleasant words
I much prefer to think of these topics as "gardening", "pruning" and "tending to the flock" across the "changes in the seasons". Can we try to keep discourse on this board nicer, more pleasant, civil and upbeat? Thanks in advance!
Can You Say Anything Nice About Oracle?
The company is bureaucratic, the leadership is interesting, and the morale low, but... I can appreciate that Oracle got into the SaaS game, even if it was ridiculously late. Redwood Shores and the Austin office are beautiful. HR gives out... — read more
So Much Quiet Quitting / Quiet Firing Going On
From this board, it is apparent that many of you are quiet quitting or aware that you're getting quiet fired. Since the company is worth many of billions, it's not going to hurt—LJE/SC/JM will afford their third yacht, another Hawaiian Island, or a... — read more
How much cash was paid for cerner?
If O had waited they could have acquired 2 cerners for cash now. Ouch this deal is going to become Achilles heel.
The purpose of surveys
It's a joke that they even send these surveys - they don't care, nor do they listen about concerns or criticism. At this point, they're trying to drive people out before they end up axing them anyways. There should be power in numbers, with everyone... — read more
Glint Survery - Take a look and please add
Haven't submitted mine yet. Let's be honest, they don't actually give a flying sh*t. But please share what you submitted, I'd love to clog this thing with as many repetitious comments as possible. Clearly, we all have a lot in common. And clearly... — read more
So why all the retention focal raises and RSUs
...when they're just going to come right back at us with even worse layoffs than last month?! Sounds like a ream.
Shocking news, any idea
n a question-and-answer session during Oracle's last quarterly earnings webcast, Ellison noted that Oracle can save cloud users money and offer a better product than Amazon's AWS. He added: "We expect next quarter, we'll be announcing some brands and... — read more
Unclear pattern
It is totally unclear to me how Oracle decides who will be cut. What is the criterion? It seems that there are no rules because I know some excellent employees who got cut, but also some who really did not add any value. What interests me even more... — read more
Is the glint employee survey really anonymous ?
Are the managers are going to reach out to HR for survey responses and identify the employees for next round of layoffs?
Half a Billion in layoff packages are coming this year!
I can tell you that this will be a significant year for layoffs and the majority of layoffs have yet to come. I'd like to call attention to a particular sentence on page 19 of the Oracle 10q. We expect to incur the majority of the estimated... — read more
Security issue in the Oracle cloud.
😬😬😬 https://twitter.com/shirtamari/status/1572223325719646211 Yikes, wonder what this might result in more layoffs?
Completely blindsided layoffs in Deal Management
After an AWFUL restructuring in January, leaving most of its employees miserable, Oracle is now laying off many within Deal Management--even those that have been there for decades--with no notice or sound reason. Do better, Oracle.
How low can the stock fall to?
And how long before management reacts? Can the stock hit a predicted $55?
Does anyone think the layoffs are being targeted in US/Canada/UK?
What is the layoff ratio with IDC 5:1 or worse?
Managers taking work for self credit
Please explain why managers take work from subordinates and use it for what purposes?
Has development Ben throttled back?
I heard from someone on the inside that development is being controlled and reduced. Maintenance mode, here we come!
UK Layoffs
Does anyone really know when UK will be hit? We are hanging here with no fu----g clue ffs
Skill erosion
I am very interested in how that happened to those who complained that their skills were eroded here. What do you think is the culprit?
Larry's Revenge, Oh My Brother...
https://accelerationeconomy.com/cloud-wars/larry-ellisons-revenge-oracle-worlds-hottest-major-cloud-vendor/
Oracle Stockholm Syndrome
Theory: The longer you spend here, the harder it is for you to think about going elsewhere no matter how much they abused you and suckered you into the idea that the company was 'a family.' How you climb out from underneath, ex-employees?
Zoom suffered a major outage that may have cancelled your video meetings
And we all know which vendor they rely on for their cloud services—none other than the venerable, award-winning, market-leading OCI! They are probably having conversations with AWS and Azure right... — read more
Bank of America Offers Up to Six Weeks Paid Sabbatical for Longtime Workers
Employees get four weeks off after 15 years with the company I just got a $300 bonus after 15 years. lol
MS said 60% of the staff received “some” compensation
Anybody want to weigh in?
ASE All Hands CJ session is live now - and anonymous Q&A chat is enabled (for now)
MS just started yapping, so please start firing away your questions!!!
Old McDonald had a farm.
In my 10 years at Oracle I often paused to think that Oracle was like a farm, where we were supposed to be milking the customers, but recently realized that the customer is not the cow. They are just the hay that feeds the true animals. The cows... — read more
Options in Oracle to resolve disagreements with Manager
Can someone who is/has been a long timer in Oracle please suggest options available to employee to resolve disagreements with Manager, when 1-1 discussions is not helping much.
2 months advance notice?
Any layoffs in California get 2 months advance notice instead of 15 days? Some information showing some people got 2 months. Not sure one state WARN act applies differently in different parts in same state.