How deep are these cuts going to be? What divisions? WTF are we supposed to do??? It's like a really really bad dream. It just keeps getting worse and worse, a total nightmare!
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There is a bigger world than CX.
Has there been leaks on CX line of business being impacted? What roles will be impacted predominantly? I saw the article mentions mostly marketing, does that imply marketing roles within CX?
They do layoff good performers in the mid and lower levels too, when they are changing strategy (entire brand org was laid off a few years ago - dozens of people) or when there is an acquisition or re-org causing duplicate roles. This time it’s focused on marketing org (due to new leadership) and CX line of business.
Layoffs happen every year and this year is no exception. It happens across the board and only the poor performers need to worry about it. If you are one of the better performers then you don't have to bother about it. Layoff and Hiring happen simultaneously happen in every organization and Oracle is no different.
Oracle has been laying off people since Jesus was waring short pants
Some time ago. Did you only just notice?
Are layoffs happening in marketing now?
It has already happening. Marketing getting hit the hardest so far it seems. Also affected are CX, sales and development.
How deep who knows, we’ll find out in August and then after CW. Feels like it’ll be ~10-15% and that’s pretty substantial when you think about the company’s size.
Do you think that you will get answers to your questions on Oracle strategy on a public facing board?
And why are they still hiring during this? Absolutely ruthless to offer people +50% compared to their current salary just to lay them off in <3 months