Thread regarding Oracle Corp. layoffs

Oracle Layoff Rumor Accuracy & Length of Notice - Now and Future

I hate to say it but this site does at least give some warning. I went back as far as I could to see a post with a specific date for this last round which seems far reaching and global. Looks like there was a heads up 2 months ago... followed by more and more rumors on this site. I think this is a good fertile ground for some machine learning to predict when Oracle will have a noticeable layoff.

https://www.thelayoff.com/t/Xu89Z3p#replies (1 Month Ago)

Mid March! For sure.

No fake news.

Several orgs will be impacted.

https://www.thelayoff.com/t/XizFo00 (2 Months Ago)

Rumor: Oracle shutting down unprofitable divisions???

Rumor: March 18th after the Q3 2019 announcement that Oracle is shutting down unprofitable divisions. What do you think?

Sadly the only specifics was the approximate date and that divisions not showing profit would be hit. I suppose its too much to ask for to get real specifics like "the OCI-C in Redwood is going to get the axe... on March 22nd" but we had a pretty good warning for that ... Sadly only 2 days before:

https://www.thelayoff.com/t/Yaz1UVm

Oracle OCI / OCI-C political fallout, Don Johnson officially won.

Waiting for the layoffs this Thursday (3/21). Knew it was coming eventually, but not this quick. I decided to ride it out because I'm lazy and I like getting paid to do jack. Already have interviews lined up with TC higher than what I was getting, so it's not a persona bummer for me.

Then we have DJs letter:

https://www.thelayoff.com/t/YcSC0ZG

Team,

I wanted to share with you context for the organizational restructuring happening today.

Over the past several years we've seen progressive change as Oracle has evolved into a cloud services company at its core. This is a giant shift across the company, often with our organization at its epicenter. It has affected the entire business broadly and pervasively – driving reorganizations, realigning investments, changing how we build and operate services, and evolving how we engage with our customers.

At last year’s Oracle Open World, Larry was clear about the vision and direction of the company: We're an enterprise cloud company supporting the most demanding customers and the most challenging workloads. We're organized around two centers of gravity: Apps and Infrastructure. As the foundation of our cloud business, OCI – Oracle's Gen 2 Cloud – provides our customers with a secure, reliable infrastructure platform that supports the primary pillars of our business, Autonomous Database and SaaS ERP.

Everything in the company is aligning around this clear vision and direction.

Today’s changes within OCI will better align with Larry's vision of the business. It will streamline our products and services, focus investments on our most strategic priorities, and help us to more effectively and rapidly deliver the full promise and reach of Oracle's Gen 2 Cloud.

Please join the OCI Leadership and me in an All Hands tomorrow, March 22nd, at 10:00 AM PDT to get more information about what this means for our team and the business.

OCI’s business is stronger than ever, and this team’s future is bright. I want to thank you all for your continued support as we double down on our strategic imperatives. We'll be building regions, continuing to hire and invest in strategic areas, and growing the business and our customers at a rapid pace.

--Don

What do we have looking forward? This one, short... specific dates and numbers but not specific orgs much like the other "heads ups" that were accurate...

https://www.thelayoff.com/t/YcQMSMO#replies

10% of Oracle's workforce to be cut in 3 phases - 5k in this round

Total target is 10% of global headcount. This is being done in 3 phases...Around 5000 in first phase globally , Second Phase in June. and Third one in September.

Found this info on another thread, @YcAPXFu-ulz . Can someone confirm this?

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| 2562 views | | 4 replies (last March 28, 2019) | Reply
Post ID: @OP+YhdhMZv

4 replies (most recent on top)

@YhdhMZv-1xil

I did not cherry pick anything you clown. I don't care for Oracle's current employees or disgruntled employees who have been sacked. I left my job at a key competitor to be told the job I had spent 2 months applying for and winning was no more and a 'sorry, these things happen at big companies'.

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Post ID: @1bsd+YhdhMZv

Nonsense. You just cherry-picked the dates you wanted to see. Given the amount of guesses -- at least a few a day, it's bound to land at some point. I mean, there are only 12 months so guess on 4 months and I have a 33% of being right.

Geeze, you guys are pathetic.

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Post ID: @1xil+YhdhMZv

A lot of the posts on this site is pure BS and/or motivated. 100 predictions of which sime are bound to be right. You picked the ones which turned out yo be right. And ignored the ones which were wrong. Selection bias.

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Post ID: @mcs+YhdhMZv

All I can say is that I was meant to be starting in the EMEA business as a Sales individual come June. But as of 2 weeks ago and on a call with a VP, my role was cancelled and I was told firings will be happening in the coming weeks across the EMEA CX cloud organisation. You can take that to the bank.

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Post ID: @ugd+YhdhMZv

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