I think it’s 5500 people so far
Assuming India tomorrow will take the count to at least 8000
I think it’s 5500 people so far
Assuming India tomorrow will take the count to at least 8000
@aa These numbers look correct based on the counts I've been keeping. As far as I can tell, just US, IDC and MDC have been done - 5.8k is roughly 3.8% of the total US, IDC and MDC headcount.
If the same percentage is applied to the remaining rest-of-world headcount, there will be roughly 2.4k further rifs in this round.
I suppose there will be RIFs in EMEA, which will take time to execute.
@a2 it will be sooner than march for sure
They are getting better at this
@a1 no it wasn't
it's around 3.5k on NA so far and IDC in progress with 2k+ so far
15.8K on September 1
Expecting 7500 max as expected. There will be another layoff but less in numbers in March 2027 (3000-3500). This also includes expectations of attrition.
Oracle wants people to leave by themselves so they don't have to pay severance or benefits.
It was around 152K on September 10. Now it’s down to 144.5K. Idc not impacted yet.