I have ZERO insider info, this is my 2c only based on my gut feeling.... Haven't heard anything from HR or upper mgmt. This based on what's been happening lately and how Oracle operates (or at least how I see it operate).
I think another RIF is coming in December, likely before the holidays. Wouldn't be surprised if its a pretty significant one either.
My guesses:
- Fusion Apps will get hit again, especially M5+ and middle mgmt. Too many mgrs and directors with 1 two 2 ICs reporting to them. Some with nobody lol.
- Data Platform could see cuts. Hard to justify some of these teams when the numbers aren't there.
- Cloud orgs not directly tied to OCI/AI growth are probably at risk too.
- More reorgs, positions eliminated, teams consolidated. Same old Oracle.
We are betting EVERYTHING on AI infrastructure right now. All that money going into data centers has to come from somewhere. My feeling is they'll keep pouring billions into OCI while squeezing the rest of the org.
I've seen people mention 10% cuts between Nov and Jan. No idea if thats accurate but wouldn't shock me.
Again, NO inside knowledge here. Just connecting the dots and going with my gut.
Thoughts? Who's getting hit and how much.