Thread regarding Oracle Corp. layoffs

If you're in sales --get whatever deals you have closed this quarter and concurrently line up a new job and get the hell out .

The meritocracy, or the meat grinder or whatever dysfunctional oracle sales org description is not going to changes

Get paid get out. Be smart .

If you don't have any deals start looking for a new Job now.

Rumor has it its based on how much your total compensation is. The higher the compensation (pay grade, overtime, bonus) the more likely you are to be let go. Its all about cost cutting and replacing expensive employees with cheaper ones.

In the SC Org is was mgmt by spreadsheet and drive out a bunch of the high-priced Siebel folks. Stack ranked SC's against Sales Revenue (a completely uncontrollable metric for an SC). If you were not attached to significant revenue AND a legacy Siebel employee, then double whammy! Move to the front of the line.

Remember how the Deltas chose their pledges, sitting in their basement drinking beer and viewing slides of the candidates? Sort of like that, I imagine

just an entry with the #GOLD Post tagging - good post @NCCWuEb

Oracle - How do they select the people that get laid off ??

I know this might seem like a stupid question. But, I have always wondered about the people are selected for the layoff. I have been here for 15 years. I went through this before. How are the SCs and Business Development employees selected? Is it truly the ones that don't kiss a-- as much? Do they go to each manager and the direct manager makes the selection? Just curious. I would love the find how the 'List' is compiled by these heartless f...ks. It is really politics? Performance? I just don't understand how some continue to survive and others let go. I have seen some very talented and smart people let go here over the years. They perform and very productive. Last quarter global marketing conducted a layoff. Basically, they said anyone that was not located at HQ had to go. Still others not at HQ survived the layoff. I guess they need some sort of business justification to avoid lawsuits?

Now, it seems to be a layoff every quarter. They like to do layoffs in smaller sizes during the year in order not to attract attention from the press. Just rotate around the various groups and divisions. It always seems the M6s that report the M6s and don't how any direct reports always find a place to land. They would rather layoff a few IC3s and IC4s and protect the worthless Senior Directors and VPs.

By the way, I asked my manager if they were going to be layoffs last week. He said, no I have not heard a thing. Well, I found out he attended the 'Confidential Managers Meeting - Notification & Alerts for June 1 conference call. Really, I guess I'm naive. We have been thru s..t. together. Why not a heads up?

Whatever "process" oracle has in place is for show to reduce legal risk, layoffs are completely arbitrary and not data driven. The three stooges don't care about rareness just looking to get expensive bodies out the door, the process is pure garbage

I heard management by spreadsheet by one of my colleagues who was laid off a few days before I was. Heck, I just got a raise and promotion the month before! People hear that and just shake their heads. Guess I was too well paid.

HR has a talent review board that is required for managers to complete. It's sort of tied to "career development", but it has you rank them on aspiration, capability and commitment. Once completed it places the staff into a 9 grid box. My understanding is managers who places staff in box eight and nine, were let go or were given a formal performance plan.

This is an interesting question. In my own team small team, and I'm not being immodest, I had the best product knowledge and by far the most customer experience. I had just been promoted and had received options/RSUs in 9 out of the 10 previous years. My average perf grade was was over 4. My manager, who was very decent human I will say, spend 5-7 hours a day on con-calls, meaning they were very "busy" and therefore "productive". One of my biggest challenges was keeping up with the latest initiatives and buzz words. As a team we regularly "though outside the box" and "ran it up the flagpole" which allowed us to "move the goal posts" whilst we "sang from the same song sheet".

Arbitrary would not even begin to describe how oracle decides whom to lay off. There's a cost target that VPs and director are given and from there it's anything goes, theit likes and dislikes is the starting point ....,

In my CX group, 90 people were cut last week. Most of them were the highest paid for their title but others were just not kissing enough a-- to be kept on - myself included.

It depends on the layoff. Last week's layoff was about what department you were in. If it wasn't cloud, you were more likely to go. A year ago, it was about whether you were in a politically connected group. By the way, they've hired people in sales consulting / cloud architecture with supposed "cloud" experience, but without Oracle product experience. Man, are they in for a shock when they actually join Oracle.

Management by spreadsheet. Does not matter how good you are. All that matters is the bottom line. If they need to whack you to make the number work they will. No questions asked.

I think that anyone who has been with the company and was in a high paid position before and now doing a menial job but making same are at risk. As are the gbu's. Some of them are a mess. I am in one and there were layoffs across the board. I honestly wish I never came to oracle because it's a horribly run company. Good workers, horrible mgmt. anyone know if all layoffs in the US get severance?