Thread regarding Oracle Corp. layoffs

Unofficial official layoff report 9/30/2018

looks like some 60 people got laid off from the Comms GBU, bringing the total since 6/1/2016 to 20,021. Expect more layoffs now that LE, MH, SC are not getting any stock awards due to failure to hit cloud targets and will be looking to generate more earnings.

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| 1554 views | | 3 replies (last October 2, 2018) | Reply
Post ID: @OP+VqoaHXr

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6/1/2016 is when the layoffs started

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Post ID: @1mmw+VqoaHXr

Valid as the rif's are - it doesn't tell the whole story. Oracle keeps hiring 4 to 1 cheap labour to make up for the old rif'd guys. So the total number of employees keeps going up but doesn't reflect the layoffs. The ratio seems to be 1 experienced guy = 4 dumb*ss millenials but you can hire 4 for the price of 1.

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Post ID: @buc+VqoaHXr

I think you need to stop reporting cumulative layoff numbers from 2016. 2018 would be a better point.

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Post ID: @vca+VqoaHXr

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