Topics regarding layoffs at Oracle Corp.

Topics regarding layoffs at Oracle Corp.

IDC related - Whats tax treatment of Severance Pay

Friends, I have been laid -off. I am looking for people in similar situation, to learn about the tax treatment that will be applicable to the severance pay, if any? Will there be TDS or the employee have to take care of the tax on their own ? Are... — read more 

Oracle #2 in stock repurchases, behind Apple

Which company is actually reinvesting in the business, and which one is a lay-off and chaos machine? https://www.cnbc.com/2019/03/25/share-buybacks-soar-to-a-record-topping-800-billion-bigger-than-a-facebook-or-exxon-mobil.html

by
| 662 views | | no replies yet
Post ID: @OP+YnIwfAU

This is an ANONYMOUS site!

Just a word about this site, as someone I know was shown something here and told that so-and-so wrote it, and it was written as if that person wrote it. Was not true, the guy that was pointing to the piece finally admitted to writing it. Just be... — read more 

Fusion Procurement IDC

Ppl are running on 5th floor phase 3 and started giving the expert opinion on the people who’re asked to go. Those ppl just don’t the know the basics of their own product. They don’t have guts to ask any questions from their Directors. Managers and... — read more 

NAB

With Oracle's history of scooping up companies and then mismanaging them, what has happened to Front Porch Digital? Will Oracle/FPD be at NAB next week?

Age discrimination class-action lawsuit

Just read an article about former IBM employees who are going after the company for age discrimination. Any ideas if former Oracle employees could do something like this? Would anybody be willing to? The article is here:... — read more 

When u knew - why still staying @ Oracle?

You guys knew layoff are coming, you didn’t prepare ur self. Why blame companies now? U stayed back to take package? Or some personal reasons!! But stop blaming company now.

theories on selection of people to lay off ?

I was laid off last week. I have a theory about which people were affected by Thanos' snap in this last month : please post here if you see major deviations from it. I see that people who worked from home a lot were laid off, much more than those who... — read more 

Unofficial official layoff report 3/31/2019

Looks like another 100 people or so lots their jobs this past week, maybe a clean up to prior week’s layoffs. That brings the total since 6/1/2016 to 21,836 and counting. Keep looking for jobs outside of oracle my friends, keep looking.

Will oracle know when I start working at new job

Ok so I am in California got hit by layoff on Mar21. So I am still an Oracle employee until May21. Question is say i find another job soon within a month and then start working for new company should I still report this to Oracle or just enjoy... — read more 

The survivors

Now that the bulk of the layoffs is done, Oracle has a different problem at hand. In many cases entire teams have been decimated and at the same time business needs either remain the same or where they have been reduced the ratio employee to workload... — read more 

Layoffs in EM products?

Oracle Management Cloud and Enterprise Management go hand in hand. Is there any layoffs happened in EM products?

by
| 2080 views | | 6 replies (last April 11, 2019)
Post ID: @OP+YkQYelZ

Bad Management

I posted this in another thread, it has 10 up-votes. Thought I would repost as a thread: This is exactly the reason why Oracle is going down the tubes. Management is corrupt and not held accountable by the management above them. The better people are... — read more 

by
| 1620 views | | 5 replies (last March 30, 2019)
Post ID: @OP+YkbbjDi

Amazon Fulfillment off Oracle today

Today Amazon Fulfillment shut off Oracle. Video and pinata party. What will LE have to keep talking about next quarter? Check out @jdarrow’s Tweet: https://twitter.com/jdarrow/status/1111629087947132928?s=09

What was the true purpose of these layoffs?

I know that they don’t need some bigger motive to perform layoffs and that cost-cutting is always on the leadership’s mind, but is there any motive other than that? I believe many of you reached the conclusion that the layoffs had little to do with... — read more 

Worst Management

Here recently they fired a guy from our team without reason. He used to work more than other employees. It is just because he argued with manager to share his ideas. Manager does not want to listen to anyone's ideas as he is rude. So one fine morning... — read more 

T–d running his mouth again

So T–d is apparently out there trying to make people believe that oracle on-prem customers are going to switch to oracle cloud - give me a break, they may switch to cloud but how stupid would they have to be to switch to non- existent oracle cloud... — read more 

Collectively negotiating severance?

This might be helpful, especially if you want resources on how to improve your severance by negotiating collectively https://medium.com/@TeamCoworker/so-youve-just-been-let-go-a354af7473c7

by
| 1030 views | | 2 replies (last March 29, 2019)
Post ID: @OP+YirxjYG

Age discrimination in Tech ??...

I was RIF’d on the first day of FY 2018 as well as many other SaaS Solutions Consultants. I never really thought of myself as old but I soon experienced the challenges of being a late 50’s customer-facing software sales professional looking for work... — read more 

We should make peace with the layoff situation?

Nobody wants to get laid off, that’s a fact. No matter how much we try to anticipate them there is always a big amount of stress, sock, losing self confidence etc. However, I think we should be aware that they had nothing to do with us or our work... — read more 

by
| 1340 views | | 6 replies (last March 28, 2019)
Post ID: @OP+Yi7PSxs

OTH is the acronym for the 'Oracle Termination Hub'

The OTH facility in Bangalore should actually be called the 'Oracle Termination Hub', with maximum number of bloodbaths reported from that facility. In fact employees from other facilities are also invited to this facility for their lay-off meetings... — read more 

by
| 3290 views | | 8 replies (last March 29, 2019)
Post ID: @OP+YiGHUKx

OMC Layoffs

Heard OMC layoffs are happening this week in IDC , How long is it going to happen ?

by
| 2650 views | | 5 replies (last March 29, 2019)
Post ID: @OP+YipjI6V

Oracle forgot to include severance information for me

I am one of those laid off last week. In the Fedex package I got there was not termination agreement and no information about severance. I guess HR forgot to add that to my package. Anyone else experienced the same problem? Anyone knows who I can... — read more 

by
| 2550 views | | 7 replies (last March 29, 2019)
Post ID: @OP+YivVnuq

Hiring again

Strange that they axed many including me last Thursday and again the Hiring guy is calling me tomorrow from HQ to discuss about new job and will do H1b visa transfer etc,... so they fire like crazy and hire..Should I take up the new position?

by
| 2090 views | | 3 replies (last March 31, 2019)
Post ID: @OP+Yi2nhcD

I'd gladly volunteer for this layoff

"Oracle neither recognizes nor rewards talent.. Even hikes are rare. Surprised how so many folks end up working for several years here. This severance package seems to be the best one Oracle can give it's employees.. Wish we could volunteer for... — read more 

by
| 2420 views | | 8 replies (last April 2, 2019)
Post ID: @OP+YiYqlx2

Start a new thread - post a news comment, question or message:

: