Thread regarding Oracle Corp. layoffs

what are the criteria for firing employees here ?

10+ years with the company , Every single year performance feedback at 4 or 5 , praised by manager in every 1:1 for the initiatives and work done . Manager acted as a good friend all throughout , sharing even family events etc . , 2 weeks ago calls on my mobile and in a cold voice reads a 2 minute script to say ‘ your position has been eliminated’ .

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| 5103 views | | 54 replies (last December 15, 2022) | Reply
Post ID: @OP+1k4p1jwr

54 replies (most recent on top)

Post ID: @gzl+1k4p1jwr is correct.
I, too, was RIF'ed a few years ago, and while my salary is smaller, I am much happier. My manager at Oracle was nice enough, but there was nothing he could do. The funny thing was (sarcasm here), they expected me to consult AFTER my RIF. I gave them the $150 consultant rate and they stopped calling me. If they had kept me on, I would have been doing my job for a lot less than the consulting rate!

Hang in there, OP, and search. Good luck!

"If you got the "your position has been eliminated", then it's a RIF and not a firing for cause. Which means that going with the RIF approach Oracle does not have to provide any real specific justification for termination, which they would have to do with actual firings. But regardless, it's heartless and cruel, but unfortunately it's the Oracle way.

Best wishes on your job search. I was RIF'd by Oracle a number of years ago, with the same "your position has been eliminated" BS mantra. It took me a number of months to land a new job, but the company and the new job were far superior to what I had at Oracle, and my salary was higher. You will find a better job, I guarantee it."

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Post ID: @1kfj+1k4p1jwr

In Canada they do not have penny coins.

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Post ID: @1qwj+1k4p1jwr

A penny saved is a penny earned

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Post ID: @1dkz+1k4p1jwr

When it comes to discrimination, LE said:
“Money doesn’t have any colour, it doesn’t matter when the savings are coming from “

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Post ID: @fzt+1k4p1jwr

LE said “a dollar saved is a dollar gained”

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Post ID: @rvl+1k4p1jwr

Criteria is the bottom line at any public company. Oracle just does this stuff in a manner as cold and calculating as math itself. After all, the CEO is an accountant. It was traumatic for your manager, you can count on that. They are also victimized by the inability to be more human and less like a robot.

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Post ID: @hck+1k4p1jwr

There are only a few folks who have mastered the art of survival. Show servitude towards the SVP in your org and they will make sure your name does not show up on a layoff list is the only fool proof mantra. Not everyone can sell their soul.

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Post ID: @mty+1k4p1jwr

It is literally just business, which is why you should never be so personal with your management.

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Post ID: @frr+1k4p1jwr

If you got the "your position has been eliminated", then it's a RIF and not a firing for cause. Which means that going with the RIF approach Oracle does not have to provide any real specific justification for termination, which they would have to do with actual firings. But regardless, it's heartless and cruel, but unfortunately it's the Oracle way.

Best wishes on your job search. I was RIF'd by Oracle a number of years ago, with the same "your position has been eliminated" BS mantra. It took me a number of months to land a new job, but the company and the new job were far superior to what I had at Oracle, and my salary was higher. You will find a better job, I guarantee it.

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Post ID: @gzl+1k4p1jwr

In the long run, it really doesn’t matter how and when.
I suggest keep it cordial with your boss and it’s possible he didn’t know how to handle the message also. This is corporate life and grass is not greener on the other side.
Focus on your finances and job search. I wish you best

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Post ID: @rui+1k4p1jwr

You've heard the phrase "it's not personal." It isn't. To Oracle you are nothing more than an expense on its balance sheet.

Use this layoff to understand the distinction between family and friends and your coworkers/managers. It's a hard lesson that everyone eventually learns. (Both my spouse and I have been through layoffs before and it is rugged, but you will find another job.)

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Post ID: @nrt+1k4p1jwr

A familiar story

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Post ID: @fkr+1k4p1jwr

Nothing other than the cost to company matters. So its very simple, if you are a high cost resource they will cut you no matter what your rating or performance when the time comes.

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Post ID: @mon+1k4p1jwr

If a position has been eliminated, what can you do, really?

Were you fired, or were you RIFed? I mean, is there a package involved?

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Post ID: @pct+1k4p1jwr

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