Nothing major to report this week. Total for FY18 remains at 7,150; total since 6/1/2016 at 17,150. This is far from over, keep looking for other opportunities
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@Q6Muj4n-owp that's very interesting, and thanks for posting. Seems that someone in Oracle is starting to realize that too many good and skilled people are on their fast way out, and that Oracle still needs them for some time before switching to zero-SC. Loosing too many good people means that onprem business will collapse abruptly, and cloud business (emh.. well.. so-called-business) is not ramping up as expected, actually a slow down is expected by SC in the next quarters. If you combine the collapse of onprem and the slow down of cloud, only one scenario is possible....... so now there could be a little change in the strategy, keep good people as long as needed (1 to max 2 years) and then layoff them.
Much better get out immediately of such a toxic company in my opinion (and yes, I'm doing exactly this)
There's a reason we have all been asked to update our talent profiles by end of October. They want to distinguish the deadwood from the talent, so yes expect more layoffs at the end of this month.
@owp - how would you know? Could you talk to LE, MH, or SC about making a public announcement, acknowledgimg past layoffs and declaring an end to layoffs, even though there is still lots of restructuring reserves left to tap, please
Not according to the published budget. They have a lot left to do and it will continue at the same pace for more than this fiscal year.
FAKE NEWS designed to get people all worked up. There is no evidence of any large layoff coming. Sure maybe some trimming of the deadwood, but most deadwood is already gone. The worse is over.