Thread regarding Oracle Corp. layoffs

If you didn't get your layoff email sent at 3AM PT, you are almost certainly safe

i got one, but it was a good ride in the industry, quarter of a century


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| 12 views | | 8 replies (last March 31) | Reply
Post ID: @OP+1kn1wjzpa

8 replies (most recent on top)

@OP
No one his safe...

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Post ID: @a8+1kn1wjzpa

This round only saves 1 billion in expenses. A long way to go to get to the 8 billion they need to save.

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Post ID: @a7+1kn1wjzpa

Incorrect. Emails go out 6a local time zone so PST not safe yet in the states… Taking about an hour for people to be deactivated in slack afterwards

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Post ID: @a6+1kn1wjzpa

I just got my email. So idk what you are talking about OP

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Post ID: @a5+1kn1wjzpa

@a3 they can add to the budget it isn't set in stone. Oracle had nearly $40 billion in cash as of the close of the last quarter.

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Post ID: @a4+1kn1wjzpa

@a2 Just how many severance packages do you think the remaining restructuring budget of $1.1 billion can buy? Also, IDC affected people are still on Slack.

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Post ID: @a3+1kn1wjzpa

OP, You don't know this for a fact. This is just one more round.

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Post ID: @a2+1kn1wjzpa

It doesn't even make sense! I'm new yet the only one on my immediate team left it seems

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Post ID: @a1+1kn1wjzpa

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