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.
LAYOFF TRACKER THREAD
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 want it to be over
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
Contract specialist
Anyone newly hired as a contract specialist. I see many job postings for this role. Is it on the chopping block?
Meeting scheduled with bp tomorrow
I got a personal calendar invite from VP saying important business update. Will that be a layoff call?
Oracle and the VA: “It’s a s*** show. They’ve made a total mess out of it”
https://www.fedscoop.com/rosendale-slams-oracle-cerner-ehr-rollout/ Who bets that old O can pull a miracle out of their corporate rearend?
They don’t know if we are coming or going.
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
Amazon Q2 resuls
... — read more
Oracle considers $1 Billion in severance packages
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
Thousands of layoffs loom in August
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
Oracle Commerce Shutdown
Word is that Oracle will cancel their complete commerce product line
Additional OA layoffs?
OA already did layoffs in June, are they coming back for more?
Why are we still hiring?
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
EMEA Applications All Hands - by Cormac Watters
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
I thought I hit the jackpot
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
Support - Salary survey
Salary How long with company Functional area Last raise and percent
Rumors of Oracle Layoffs Highlight Company’s Position in Cloud Race
https://insights.dice.com/2022/07/26/rumors-of-oracle-layoffs-highlight-companys-position-in-cloud-race/
Oracle never offered job security
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
Oracle experience
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 — please enlighten us O Great Master!!
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 Salary Info: IC-5 Consulting MTS
Please share any info you have. Looking for the Total Comp in the Bay Area. Thank you.
ACX bloodbath
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.
The middle should be the safest
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
Cost Cutting plans in the making
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
This is no longer an innovative company
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
taken for a ride.....
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
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
Death by Metrics: Support
Anybody work in support? The whole organization is trying to ki-l itself with metric after metric. Pick a lane. Sheesh
Wouldn’t it be funny
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
Reminder: OCI’s business is stronger than ever, and this team’s future is bright!
Just wanted to save it here for the record.
Deadwood? That's Funny....
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
Came for RSU’s
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
Oracle is low balling with Salary with layoff
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
Microsoft engineer: "The Oracle Database Service for Azure will not work"
https://dbakevlar.com/2022/07/oracle-database-service-on-azure/
For those who are worried
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
MAT Leave/FMLA
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.
There is a lot of dead-wood that can be easily preened out of Oracle
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