I was laid off in 2017, I quickly found a new job and have been doing great. I saw the writing on the wall and skilled up. Just about every company is hiring and having trouble finding talent. It is a great time to start interviewing. You probably wont see any layoffs at Oracle and you certainly wont see any raises either.
Larry Ellison laid out his plan here:
https://www.forbes.com/sites/oracle/2019/06/24/larry-ellison-oracle-is-focused-on-our-star-products/?sh=37b104c7cbb7
"We’re focused on our star products ... And you have these other businesses that are melting away, and we just don’t care."
Basically the article spells it out. If you are not part of the autonomous database cloud team.. you are on the "melting away, and we just don’t care" team. No raises for you, just potential pay cuts and the occasional layoffs to keep in line with the support revenue stream. As the revenue stream declines so does the employee compensation base.
If you like just drawing a paycheck with no future keep doing what you are doing. If you want a raise take the opportunity to draw a paycheck while you get some entry level certifications in any of the cloud providers. Or learn a modern database tech like MongoDB. Or learn something thats is in string demand like Apache Kafka. Take this time to skill up and start looking while the market is on fire.
https://aws.amazon.com/certification/certified-cloud-practitioner/
https://www.udemy.com/course/aws-certified-cloud-practitioner-practice-test/
https://docs.microsoft.com/en-us/learn/certifications/exams/az-900
https://www.udemy.com/course/az-900-microsoft-azure-fundamentals-certification/
You can get these certifications in a bout a weeks time.
$20.00 udemy course and $100 for the exam.
Do it and be happy. Have a bright future. It worked for me.