People find security in being part of a company and getting paid, and it is hard to even start looking for anything else. We should think that getting laid off is a blessing in a certain sense, as we make the hunt for a new job our full time job. The journey is hard, maybe we are in for some new disappointments, but at the end of the rod we will landing a better job. Sounds to me a whole lot better than staying at a dinosaur company that’s on its way down.
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"Was there a gun to your head?'
There was no gun, but strict deadlines for the present stuff.
They kept you so busy , there was no time to upgrade oneself. This is unlike other jobs, where the interviews are linked to your skills at present job.So if you did your present job honestly, you will crack your next interview in the same flow..... But since in Oracle we are kept busy with outdated skills/stuffs and under continuous under pressure, there is hardly anytime at the end of the day to focus on something new. When you work with Oracle, you require separate preparation on marketable skills, for which your present job hardly leaves with any time.
"we were made to work on outdated technologies"
Your post was doing good until this nonsense. No one MADE you do anything. Was there a gun to your head? Stop with the victim-hood narrative. You got comfortable, your fate is self-explanatory.
A good number of us who are laid-off, were actually looking for an opportunity to leave Oracle, because hike is a non-existent concept, and bonus & shares are mostly for favorites. Even if you got the hike, you were so lost being happy about it ( since hike is only for 70% -80% of people, not all employees) that you forgot to compare it with the market rate. There by getting behind the market every year in SLOW-MOTION>
The the obvious question- "Why didn,t you leave, if you were so unhappy?...and that when your salary was much below market rate ?"
The answer to the above is ," Ladies & Gentlemen.....Boys& Girls.....we could not leave on our own because we were made to work on outdated technologies, which were NOT-MARKETABLE elsewhere...So preparing for external interview requires SEPARATE TIME.....and we could not enough time get that earlier, because since last 3-4 years, there is overload of work , indirect threats and team-meetings at ungodly hours...This is besides the fact that in recent years there is tracking and reporting of almost every hour of work leading to stress...So there was not enough time for preparing for interviews with dedication"
This Lay-off is a blessing in disguise....there can be some delay in meeting market -standards (since Oracle has made us outdated and irrelevant to the latest market requirements), but the end result would be better than sticking in a place which does not provide growth and makes a Dinosaur out of you.
If you are one of the survivors, learn from this lay-off and do not let oracle take advantage of you anymore. No more working nights and weekends. Put in only 40 hours max because Oracle will let you go in a blink of an eye at the next lay-off so there’s no need to be dedicated to them
Yes, make use of this opportunity. Do not take shortcut and re-join oracle even if they give you market rate pay. You will potentially make up to double of what you made at O and work in vibrant teams working on latest technologies