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
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?
I cannot forget the manager's smiling face when he read the script
We had been working together for over 10 years, he doesn't have to do it in this way.
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
28 employees out in Oracle Spain
We've just been informed that 28 colleagues will be fired during April
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
IDC Noida on target 4-4-the date
Rumors are manager favorites are safe.
Stop being an ostrich with your head buried in the sand now
Friends, the company has just shattered the myth that a job here is stable and that the life here would be on predictable lines. This certainly is not a routine layoff. Employees stayed for long despite the lowest hikes, just because human factors... — read more
Great market for Oracle Engineers migrating off the products you used to support
Amazon Fulfillment just shut off their last Oracle DB. The rest of the world wants out of Oracle's hostage situation ASAP as well.
This VC says a shakeout is coming to enterprise software because Oracle and Salesforce have 'account control' that no startup can match
https://www.businessinsider.com/sapphire-ventures-das-says-enterprise-software-will-see-consolidation-2019-3
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?
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
How a 5-minute phone call with Oracle's Larry Ellison led to the creation of the first cloud software company and a $9.3 billion acquisition
Interesting read. Netsuite seems to be one of the bright spots at Oracle going forward. https://www.businessinsider.com/evan-goldberg-netsuite-oracle-2019-3
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
Cloud layoffs
Post info and numbers here
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
Who gets to choose Victims?
Who gets to decide who should be laid off? Managers/Directors or higher level management?
Looks like there is no more RIFs in India from today (29/03) onwords
Looks like there is no more RIFs in India (Both Hyd and Banglore) from today onwords......
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
More layoffs on May 21 at HQ? Any idea which teams may be affected?
https://www.crn.com/news/cloud/hundreds-of-oracle-layoffs-revealed-to-california-regulator
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
What is the standard Oracle severance package in California?
I imagine this would be an easy question for many on this board. I don’t work at Oracle but my husband was laid off last week. He tends to be quite quiet about the details of the layoff and about the severance detail. So, in that light I ask this... — read more
Terminated today at Oracle IDC, internally hired by another
I got laid off from my current team at Oracle IDC (Tech Hub) after spending a few years but had an internal transfer request in the pipeline too. The HR folks that I never saw before deployed for firing employees were so incompetent that they didn't... — read more
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
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
OMC Layoffs
Heard OMC layoffs are happening this week in IDC , How long is it going to happen ?
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
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?
A little note to friends and colleagues who have got laid-off
Dear friends and colleagues, Please dont be disheartened if you were a part of the current downsizing drive. You will soon find a equal or better alternative. The more flexible you are about the type of company, location within the city, willingness... — read more
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