Thread regarding Oracle Corp. layoffs

RSU 2022

Has it been issued? Anyone got theirs?

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| 2901 views | | 14 replies (last September 2, 2022) | Reply
Post ID: @OP+1inDZbzA

14 replies (most recent on top)

I'm an IC3 at OCI and I think I've been lowballed like *hit!!
Been with OCI since 18 months. Was rated a 4 (Exceeds expectations)
Got a hike (~6.5%) in base pay, but a mere stocks worth $11000 (to be vested over 4 years). I was stunned and didn't even wanted to argue at the time.

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Post ID: @9zxs+1inDZbzA

didn't get shares, got a dollar value

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Post ID: @8lhc+1inDZbzA

"Generally speaking the top 50-70% get raises annually and RSUs only to Mgmt and critical ICs.

This should tell you where you are in the scheme of things. Act accordingly."

This is total bullshirt.

Don't react to the wankers trying to make you rage quit.

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Post ID: @2kly+1inDZbzA

If you are someone at Oracle that hasn’t received raise, bonus and/or RSUs every year, that means you are in the bottom half of ratings and allocation pools. Generally speaking the top 50-70% get raises annually and RSUs only to Mgmt and critical ICs.

This should tell you where you are in the scheme of things. Act accordingly.

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Post ID: @2nwe+1inDZbzA

I am in marketing (what’s left of it).

I received 125 RSUs, vesting at 25% per year over the next 4 years.

So that is about 31 shares per year, less taxes. Netting about 19 shares per year. At current price, that’s about $1,400 per year.

No bonus, no raise this year. My salary is $120,000, and I’ve only ever received one raise in the past 7.5 years at Oracle.

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Post ID: @2nze+1inDZbzA

1000

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Post ID: @2uvl+1inDZbzA

how many shares do you get?

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Post ID: @1auc+1inDZbzA

got it yesterday

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Post ID: @1zgi+1inDZbzA

When was the new rsu grant communicated ?

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Post ID: @1edu+1inDZbzA

When are they communicating them? Was it this week or earlier? How did it compare to previous years amounts?

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Post ID: @1mpi+1inDZbzA

yes

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Post ID: @1qun+1inDZbzA

Yes

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Post ID: @1yey+1inDZbzA

whats an RSU?

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Post ID: @sjw+1inDZbzA

Yes.

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Post ID: @whx+1inDZbzA

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