That’s the consensus on the next round?
11 replies (most recent on top)
Confirmed date for our 10% layoffs "between November and January" by the EWC here.
The data platform needs to go. Look at their numbers. 50 percent have not done a db@ deal in over a year. JH left at the right time.
October VSP. One more before holidays.
Fusion/Cloud managers, directors need to go! Look how many of them there, some of them hace only 1 IC or nobody. What are they paid for? Promoting fusion on social platforms?
H1B jobs are safe, as always
Remember that Oracle's dire financial picture and collapsing stock price will only make any December action worse.
https://finance.yahoo.com/markets/stocks/articles/oracle-layoffs-returning-december-buzz-050223693.html
@OP Obviously nobody knows for sure. I have been chatting with friends who are still there and they're reporting there is a feeling that there will be another RIF in December, so who knows?
New manager spends 2 months figuring things out. Comes up with a master plan. It will take over a year to get anything done because gatekeepers and stuff. Gets riffed or reorged before anything gets done. Rinse and repeat.
There was an article referenced in this post: @OP+1m49fhc04
Mostly at the highest levels , M5 and greater and due to reorgs happening in many teams esp. in Fusion APPS .TBH , right thing to do as there are lot of sc-mbags still left who need to be shown the door.