Thread regarding Oracle Corp. layoffs

How much Appraisal you Got at Oracle after Bloodbath?

Division:
Appraisal:
Bonus:
RSUs

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| 3561 views | | 22 replies (last September 9, 2022) | Reply
Post ID: @OP+1ittkrCP

22 replies (most recent on top)

that's sound as an easy self doxxing, will try to give minimum:
division: CX
appraisal: 4
base salary raise: yes
bonus: yes
RSU: yes

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Post ID: @awuj+1ittkrCP

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: @3vdt+1ittkrCP
Total BS, Oracle never ever provides existing employees >5% raise

So sure of this, you are? Maybe what you meant to say is that you never got more than 5%

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Post ID: @2mam+1ittkrCP

Total BS, Oracle never ever provides existing employees >5% raise, you might get a bonus, if you were tied to a specific account sale. RSU sure....but you have to be granted those by the powers that be.

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Post ID: @2hjy+1ittkrCP

5% raise, $80k in rsu's, 4k bonus

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Post ID: @2ufa+1ittkrCP

Those are descent gains for shareholders, and they don't give a flying fu*k that it took some "churn" in the rank-and-file in order to get there. From a pure investment perspective, ORCL has done pretty well.

It’s deeper than that. Recent CA case.

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Post ID: @2hmc+1ittkrCP
Shareholders need to sue Oracle for mismanagement and have VP's fired for taking raises and employees getting nothing.

Why on earth would the shareholders do that? ORCL is at about the same price that it was a year ago when the big federally funded buybacks were going on. It's WAY up, something like 50% in the last 5 years. Those are descent gains for shareholders, and they don't give a flying fu*k that it took some "churn" in the rank-and-file in order to get there. From a pure investment perspective, ORCL has done pretty well.

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Post ID: @1wqq+1ittkrCP

Pathetic management. Shareholders need to sue Oracle for mismanagement and have VP's fired for taking raises and employees getting nothing. Good managers are always the last to get paid. Oracle deserves to fail - worst VP middle management.
Seems like everytime there is a layoff -- There is PR re: LE. The last one I saw was large tract of land on the river in Nashville. Often, wonder if it's him or competitors that are doing this - because it makes him look bad.
Just VP's look bad for how and what they do -- allocating raises and bonuses mostly to themselves and a few managers.
This is not certainly the opposite of the SEC Code of Ethic on Oracle's website.

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Post ID: @1kyp+1ittkrCP

I am new to oci. Took the offer which was pretty good salary+rsu and expect no raise or bonus the next 4 years, at least wait until all rsu vested then move on. historically known they do not give you yearly raise or bonus unless they have changed recently?

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Post ID: @1qgt+1ittkrCP

“ they can't take away the high job satisfaction you get working at Oracle “

They can’t take it away because it doesn’t exist!

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Post ID: @1ilp+1ittkrCP

Fortunately they can't take away the high job satisfaction you get working at Oracle, the world's leading technology provider!

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Post ID: @1xmg+1ittkrCP

How long do you need to be here before you can qualify for this? bs they don’t give us any type of inflation raise

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Post ID: @1jcf+1ittkrCP

Are those rsu shares unit or monetary value ?

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Post ID: @1nst+1ittkrCP

AppsUL - received. Nothing

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Post ID: @1rpe+1ittkrCP

A long-term employee in SUPPORT. NO HIKE NO RSU AND NO BONUS
ONLY B.S !! MGR AND DIR TAKE ALL ALLOCATIONS !!!

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Post ID: @1krx+1ittkrCP

Division: AppsUL.
Appraisal: 3 - meeting expectations.
Bonus: Nothing.
RSUs: Nothing.
Raise: Nothing.
Value of current compensation relative to value at last raise: Purchasing power down 20%.
Excuse from management: At least I'm not in as bad of shape due to inflation as my older/longer working here colleagues are. So be grateful. (You can't make this cr-p up!)
Reason to stay and/or continue putting in effort: Nope.
Leaders responsible for driving AppsUL off a cliff: MS and MG.

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Post ID: @kgd+1ittkrCP

Nothing. Zilch.

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Post ID: @vtm+1ittkrCP

12% raise and 14,000 bonus

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Post ID: @hur+1ittkrCP

8% + 10000 bonus

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Post ID: @gcn+1ittkrCP

9% raise + 60k RSU

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Post ID: @mgm+1ittkrCP

I call b.s.

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Post ID: @ukg+1ittkrCP

9% raise. 62000 RSUs, 10000 bonus.

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Post ID: @wxw+1ittkrCP

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