Oracle is one of the fastest declining skillsets over the last 5yrs
From the US perspective
https://www.techrepublic.com/article/the-top-20-tech-skills-of-the-past-5-years/
(37% drop)
And from the UK perspective, just look at that graph
https://www.itjobswatch.co.uk/jobs/uk/oracle%20database.do
So no wonder Oracle is having to lay off thousands. No one is using their product anymore. Out in the real world Oracle is in a 'migrate off as soon as possible' or 'contain and don't grow' as it is simply too much of a risk for any CIO to have in their stack. All those open features, that you just need one employee to accidently trigger with no way to disable them, then suddenly you owe half a billion dollars as one company in that securities lawsuit discovered to their horror.
Word is well and truly out now, if you run Oracle your company is at risk of bankruptcy, impossible to put any controls to prevent it, so just need to get rid of as soon as possible.
Can't see that changing anytime soon, the damage with customers runs too deep.
I think the best job path now is helping people move their databases and other applications to other providers? How are others preparing for the post Oracle world? What databases /ERP systems are customers choosing to migrate to?