Oracle timed this layoff well to reduce attention. It happened on a Friday before a 3-day weekend. Even wth WARN, it probably won't be reported by a government agency until September 8th.
It's also been a busy news period. You have Harvey, North Korean missile tests, and DACA grabbing national headlines. Locally, the heatwave and the La Tuna fire have been tops.
Oracle also is not seen as a big player anymore in the local business news. Go to the San Jose Mercuery News website and the focus is all on Google, Facebook, Apple and Tesla. With the staffing cut at many of these newspapers, there are few real reporters to cover these sorts of layoffs and those who remain do nothing but parrot corporate press releases.
At the high-end estimate of 2,500, that's only 1.8% of our workforce. Compare that to the Lego corporation which just cut 1,400 that account for 8% of their workforce. They made the news but they also did not try to fly under the radar.
I lost a lot of friends in this layoff. I'm in hardware but not part of the groups that were affected. It irritates me that our director has chosen not to speak about it during our staff call this morning. It reinforces our impression that senior management is being purposefully complicit in trying to bury this news.
In the break room, we're all talking about the folks who are gone.