Thread regarding Oracle Corp. layoffs

26,000 Oracle Jobs Cuts - Trip Chowdhry's Analysis

I'd like to draw your attention to my post here on Oracle's layoffs.com forum - I've posted this in January 2016, so almost 1.5 years ago...

In short, Trip Chowdry (Industry analyst) predicted that Oracle will shed 26K jobs as the company transitions to the Cloud...

You can see that post with 22K views right here @FFbUNu9 or here https://www.thelayoff.com/t/FFbUNu9

I am reposting it below...


Oracle / 2016 Job Cuts Due to Technology Shift (Customer Switching to Cloud, Legacy Skills Demand Drop)

2016 Job Cuts Due to Technology Shift (Customer Switching to Cloud, Legacy Skills Demand Drop)

2016 Layoffs Predictions - Global Equities Research, Trip Chowdhry

  • Oracle: Global Employee Count 132,000: Layoffs: ~20% layoffs = ~26,000 workers to be laid off

  • Symantec: Global Employee Count: 19,000: Layoffs: ~15% layoffs = ~2,800 workers to be laid off

  • Yahoo!: Global Employee Count 12,500: Layoffs: ~30% layoffs = ~3,500 workers to be laid off

  • Yelp: Global Employee Count 3,671: Layoffs: ~30% layoffs = ~1,000 workers to be laid off

  • EMC: Global Employee Count: 70,000: Layoffs: ~ 15% to 20% layoffs = ~10,000 and 14,000 workers to be laid off

  • F5 Networks: Global Employee Count: 4,500: Layoffs: ~10% layoffs = ~450 workers to be laid off

  • HP Enterprise: Global Employee Count 240,000: Layoffs: ~ 30% layoffs = ~72,000 workers to be laid off

  • HP Inc: Global Employee Count 287,000: Layoffs: ~ 30% layoffs = ~86,000 workers to be laid off

  • IBM: Global Employee Count 379,000: Layoffs: ~25% layoffs = ~95,000 workers to be laid off

  • Juniper: Global Employee Count 8,800: Layoffs: ~15% layoffs = ~1,300 workers to be laid off

  • Microsoft: Global Employee Count 118,000: Layoffs: ~15% layoffs = ~18,000 workers to be laid off

  • Network Appliance: Global Employee Count: Layoffs: 12,800: ~15% layoffs= ~1,800 workers to be laid off

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| 2354 views | | 1 reply (June 1, 2017) | Reply
Post ID: @OP+Nzy0pyN

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looks fairly accurate to me...

it's not going to be all layoffs, there will be attrition as well as we are not hiring in some areas, so if someone quits, you do not get that headcount back.

that was done with Sun resources long before the ax fell earlier this and last year

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