Thread regarding Oracle Corp. layoffs

Oracle CX in MA (based in Burlington) is pretty much gone. Entire Commerce team let go (with a few “maintenance” people exceptions). There were ~280 people in the group according to Aria.

“ Depending on the EU country, there is no such thing as an 'employee at will". Nor is there the possibility of unilateral decisions, believe it or not, the employees union has to agree to layoffs before they can occur.

If O didn't know about all of this, they will soon find out - which may not be a good thing for US based employees who may make up the difference.”

Of course O knows this. They’ve been in the EU for decades. They have been laying off for probably as long. They just work those numbers into the plan. And concentrate on US based actions.

Anything happening in NetSuite ERP?

NYC, Austin, Chicago, The Bay Area/Redwood City/San Jose, KC, LA, Seattle, Broomfield, Denver

Asia too. Not sure how many asia regions in total. But defo not just US was affected in this thanos snap/blip.

Laid off today. Product Marketing at Oracle.

For US companies who want to have a workforce in the EU, they will learn the hard way about the pitfalls of employing personnel over there there.

Depending on the EU country, there is no such thing as an 'employee at will". Nor is there the possibility of unilateral decisions, believe it or not, the employees union has to agree to layoffs before they can occur.

If O didn't know about all of this, they will soon find out - which may not be a good thing for US based employees who may make up the difference.

Cerner is HQed in Kansas City, not PA. A good friend was let go there this morning along with their entire team, so Cerner layoffs are definitely happening.

Layoffs are happening at Cerner: https://www.reddit.com/r/cernercorporation/comments/wdhbv4/layoffs_today/

You can forget about any layoffs in Europe. I worked for another SW company based in Germany and everybody ( and I mean everybody) has an employment contract.

They are covered by contract for 6 months before they can actually be let go. If the location has a works council ( for us this would be a union) you can forget about letting anybody go - won't happen for years.

This will for all intent and purposes be an all US layoff event.

Yes, cerner and it looks massive.

FYI, Cerner also has location in KC - but haven't heard any news about layoffs in their organization.

oracle is laying off in austin. my kid got the news this morn.

There are stricter regulations around layoffs (redundancies) in Europe. What this means is European Oracle employees be notified in the near future and laid off within 90 days.

I work at Cerner and can confirm there are layoffs happening today.

Cerner's HQ is in Pennsylvania, we would have heard something by now if they were letting people go... haven't heard anything about cutbacks there.

Has anybody heard if Cerner is letting people go?