Please reply with any news you have of CONFIRMED individual, team and org layoffs.
Please add business unit, how many people you KNOW are affected, location, and any known severance terms. Also if RSUs lost or kept.
If you were not affected but you have teammates who were, please post that here. For example if you are on a team of 8, and three people were impacted, please post number and function if it doesn’t give too much info away.
We want to track general numbers if possible.
Thanks
Just go to LinkedIn and search by #oraclelayoffs
The entire souring team has a meeting in 45 mins. Nearly 80 people.
Cut from recruiting.
I personally know 6 people in marketing (mostly Corp marketing), let go.
Oh, marketing for fusion apps getting laid off? That makes more sense. Sales getting laid off for anything other than CX doesn't make much sense given how busy we all are.
My son is a summer intern in CRM, and his manager just got laid off. I don't know any more details than that.
Anything in cloud support?
HCM got hit this morning. Marketing lost a few people.
Someone in this thread said HCM as well? I'm in HCM and I haven't heard anything.
Principal Application Engineer with 13 years - just got the axe. OsvC group
got canned from oracle today
My husband was just laid off. SE in CX, just hit a year at the job/company.
ERP Marketing team
Product Marketing- Tech and Apps- SEVERAL people gone. Many with long tenures.
Bloomberg reported it - https://www.bloomberg.com/news/articles/2022-08-01/oracle-cuts-workers-in-us-customer-analytics-division
Which CX teams/products are letting go of engineers?
Oracle Advertising was cut on Asia Monday morning too.
There are a lot of great remote Oracle CX/Sales opportunities at Accelalpha:
https://workforcenow.adp.com/mascsr/default/mdf/recruitment/recruitment.html?cid=30881c39-b691-4c4e-a9e5-44a71b511388&ccId=19000101_000001&lang=en_US
I personnally know someone with 23 years at Oracle
"What has the severance been like?"
bad. 1 month pro-rated for stints under a year. eg 6 of 12 months = 50% of 1 month's pay
What has the severance been like?
It looks like the majority of CX presales SEs are being let go. Entire teams have been let go today, in the range of 7-10 people laid off per team.
Yes, CX engineer here. Its happening
I'm in CX sales and was let go this morning.
I got the call and was laid off today as an Talent Advisor
I am hiring Cloud experts at Dell. Contact me! jody_jorgensen1@dell.com
I left deal management last week(was not laid off). I don’t know if they are having layoff since Deal Management has been understaffed.
HCM as well.
Got the call this morning. I'm a CX engineer and it looks like at least half my team is gone, maybe more.
Here is a thread on CX annihilation, 7 days old
https://www.thelayoff.com/t/1hWY2FZF
or
@OP+1hWY2FZF
CX Commerce is gone, caretaker group only ones left to let it wind down.
I am so sorry for all people who are being laid off. I am in OCI Sales Eng, no layoffs here. A friend of mine got his verbal offer got rescinded last week. The email he got was stating the current economic conditions and internal reorg -- so, the offer is no more. He was lined up to start with OCI Sales Engineering.
One senior manager in CX, I am hearing it's a fairly large cut but details are still sketchy. Will update this message once I hear more.
https://twitter.com/TheLayoff/status/1554126737956491264
Lots of cuts across CX, including in leadership positions, but they’re retaining a few folks to “keep the lights on”.
Hearing CX cuts >50% staff under RT
It's happening in CX today. U.S. employees are getting the calls this morning.
One of my coworkers got a call this morning, it is happening
Director in CX. Apparently quite a few are getting the ax.
Yes Sir. Salute.