Oracle China R&D is shutting down its office this month with more than 1600 employees
21 replies (most recent on top)
Still a lot of customers but definitely more and more customers are getting rid of oracle products and more and more new customers are turning to Oracle's hostiles such as Azure/AWS/MongoDB and a lot of new things maybe I've never heard of
Nobody uses Oracle products anyway.
@首都网警 建议击毙
https://www.cnbc.com/2019/05/08/oracle-is-laying-off-more-than-900-people-in-china-reports-say.html
"Oracle is planning to lay off more than 900 people in China, primarily from its local research and development operations of 1,600 employees, Chinese news outlets report.
The U.S.-based company did not deny or confirm the reports in a statement to CNBC.
Guangzhou-based 21st Century Business Herald cited Oracle's Asia Pacific human resources head as saying the departures are the result of company-wide restructuring, which will be global."
Definitely this website can be access in China by any means, with fast develop of China develop, compensation of most foreigner company’ fall behind Chinese company such as tencent, alibaba, I am quite surprise that Oracle pay so well to those Chinese employees
This site is not blocked in China
There are many thousands of h1b to cut in America...
Don't you have to pay a bride to get a job in China? What kind of quality people are you hiring if that's the case?
China is now too expensive. Time to move on, maybe Subsaharan Africa? I hear PhDs work there for a few bucks a day
3K views, probably all from China
Just curious, can people in China read this board?
Do they censor stuff like this?
Oracle is in doomsday mode. No one can save this company. All ppl in CDC shall be cut, sooner or later, but definitely before end of this year
Can someone confirm that the number of reductions are so high? It looks like oracle is in panic mode and just cutting cost where ever.
: @YWi16IR-lqr not so fast
from a news site
The reporter learned that the compensation plan involved in the compensation plan set a ceiling. When the employee's daily salary exceeds 3 times the average social wage, the compensation will be based on N* (3 times the average social wage) + 6 * employee daily salary.
The reporter found that the average annual salary of Beijing employees in 2017 was 101,599 yuan, and the average monthly salary was 8,467 yuan. This undoubtedly means that it is a big loss for the old employees who have been in the CDC for more than ten years. The CDC currently has a large number of senior employees with senior qualifications, mostly over 30 years old.
not exactly! the first batch 900+ ppl. next batch maybe in few months
N(1year = 1 month) + 6 months! It is way better than the US package. Good luck every one.
This layoff is not for everyone, mainly affecting middleware and software development departments.
Sales will stay - don't worry !
N+?, if the price is good, I am from sales consulting china. I hope my team have a layoff also. Oracle is not a good place now. it is old people's home.
It is happening now.
Really? I knew some guys received emails from HR saying there will be meeting tomorrow? what will be the meeting about?