You have to play 'god' to them.
Where is support in all of these latest RIFs?
Does anyone know if anyone is support is being let go? Where is the leader Sarwal?
Media coverage
Is it just me, or is it seriously lacking? I can't understand why, though, because layoffs at other companies certainly get covered. What makes Oracle so uninteresting when it comes to layoffs?
Who will want to work here?
I'm just wondering, with Oracle's reputation that it's extorting its customers and a growing reputation of constantly having layoffs - how will the company be able to find replacements - even the lowest paid ones - for the people they are laying off?... — read more
Question
If you are being laid off and the company offers you another position that comes with lower pay, what happens if you refuse it? Does it mean you are no longer eligible for severance?
Oracle extorting customers? Say it isn't so!
https://www.businessinsider.com/oracle-customer-explains-audit-threats-2015-9 https://scottandscottllp.com/oracle_audit_tactics_draw_media_attention-aspx/ Here's what we heard from this Oracle customer, who requested anonymity because his employer... — read more
Any rumours this week about teams
Any rumours this week about teams that are going to get laid off?
What departments and what employee profiles got hit the hardest?
Is there any way we can determine that? Just wondering if there was a certain pattern to which departments they wanted to thin the most or even eliminate. Maybe there was some logic behind this other than the standard principal to get rid of the... — read more
Target is less than 9000 people worldwide?
Target is less than 9000 people worlwide. 3 different rounds, with different targets. First round will close in may, US as usual got hit first, next in turn is LAD and APAC, then EMEA. Slightly more than 2000 people affected overall. Second round... — read more
Any firing happened in IDC Bangalore?
anyone has any clue, if there has been any firing happened in Oracle IDC Bangalore? If yes, then which teams got affected with this.
who the hell will work if they will fire everyone
I wonder the rate at which Oracle is firing people , who will going to work for the existing products. Moreover , the panic situation that the company has created is just letting everyone to quit existing motivation towards work . This is hell... — read more
Layoffs in IDC Hyderabad
Too many laid-ff today in Hyderabad , three in my team . As usual no logic here , junior DEV joined 9 months back after 6 months of recruitment drive is sacked . Hearing Directors also laid-off in other teams .
IDC Severence Package
2 months + 1 month notice period + one month pay for each year of service + leaves. No cap on maximum pay. 1 year 7 months is counted as 2 years. 1 year 5 months is counted as 1 year.
Employment Lawyer in the Bay Are$$
Anyone has a recommendation?
Need info
All, Can anyone help me on following. What is the severance package for laid off workers, particularly in USA. How long will they be in pay roll. Also, can anyone tell me what is the bonus planned for OCI employees for May (if you know this already). — read more
IDC Layoffs
When can we expect IDC layoffs next ? This week ? Which teams are more prone for layoffs in IDC?
OCI is a total joke
What a bunch of overpaid losers LE has hired for OCI - it’s almost funny to watch them take him to the cleaners. They cost a F:ing boatload, generate virtually no revenues and produce useless garbage. Oh, LE it serves you so right to get so royally... — read more
What's the future of PaaS in OCI?
Esp Java Cloud service, App Container Cloud, Dev Cloud service, Content Cloud, Mobile Cloud, etc. Are products safe? Will they be merged with OCI?
Warn notice, why different ?
Only two sites in CA got 60 days warn notice. Everywhere else got canned with immediate effect. Why? Oracle is a name of danger and cry. All the folks should leave and show 3 id--ts a lesson.
Oracle Performance Related Terminations
PERFs? What can we expect?
TheRegister Report: 40 in Seattle, 250 in Redwood City, 100 in Santa Clara, 50 people in Mexico, 50 in New Hampshire, and 100 in Indi$$
https://www.theregister.co.uk/2019/03/25/oracle_headcount_cut/
Here's the real truth from inside
Here's the real truth from inside, as a person that was involved in it from a high level (VP level), and can tell you straight up. The goal was a 20-30% reduction, spread across RIFs and PERFs. This was spread about in late January, and hit most... — read more
Be pragmatic
These are not emotional decisions. The company is paying you for a reason. You are working for the company for a reason. If the reasons don’t hold good in either direction, it’s time to move on. This is not a ‘till death do us part’ kind of a... — read more
low performer, unneeded, or irritant
I am a new hire why they RIFed other and kept me.
RSU vesting
Do RSU vest for riffed employees?
Any layoffs in EMEA?
Someone knows if they plan to do layoffs in EMEA ?
How it is done
I spent 20 years with Sun/Oracle. When the hammer came down they called all engineering staff into the board room and we were told at 9:05 am. “Your jobs as you know then no longer exist”. We were then given our paperwork. Told to be at an hr... — read more
What positions are majorly laid off?
In case of Layoff in a team, What positions are majorly laid off? Have you witnessed any campus hire getting laid off?
Another round in May
Many OCI colleagues were shown the door last week, soon after DJ sent a ridicolous mail saying how great and shiny we are, and that we are the future of Oracle Corp. Overall, looking at Aria, more than 500 people got rifed. Have heard from my manager... — read more
Who will do the work?
Now that they cut even more people from our team, I'm just wondering who'll do all the work they still expect to be done. Do they think we're going to pick up even more responsibilities with no extra pay? Will we be expected to now do the work of... — read more
Any rumors about this week?
As Monday comes anxiety and stress are growing, at least in my case. I would feel a little better if I know are they planning layoffs this week and is there any word on when will they be performing them, more precisely. So, Anything rumored about... — read more
Anyone knows the layoff criteria behind 03/21.
Wanted to know the layoff criteria behind 03/21, How does the individual engineers selected from the teams ? I already know the poor performances guys are still there and higher (above) performance guys laid off...
OCI org is safe?
Is OCI org safe for now in Oracle? Has there been any cuts in OCI so far?
Has there been any firing in OAL units across Mexico, US or IDC? or in firing line?
Have any of developers / QA / Support/ Managers / VPs of OAL unit been fired? Or are they in the firing line?
Is Oracle headed into a death-spiral?
Legacy software platforms are all facing terminal decline, and all Larry has are pathetic, empty boasts about his cloud platform vs AWS. But Oracle does not break out cloud revenues in their earns. They spend $30b on stock buybacks instead of needed... — read more
Unifficial official layoff report 3/24/2019
Well, as the saying goes: you can fool some people some of the time, but even then only for so long. Oracle pretended it had a cloud business and growing EPS for a while but everybody has not cought on to the impact of massive share buybacks and... — read more
panic
737 Max 8 or Mother Oracle Ship (MOS)
EMEA and JAPAC layoffs
In EMEA and JAPAC, Sales overlay and Presales scheduled for 15% headcount cut. Redundant and non-essential VP roles targeted for 25%.
Last month, the company’s board permitted additional spending of $12 billion on share buybacks
https://articles.marketrealist.com/2019/03/is-oracles-earnings-growth-riding-on-dividend-hike-and-buybacks/ The cloud business requires massive capex spending. Instead of spending on capex oracle us using the cash for stock buybacks.
What is the criteria for layoff ?
Based on what criteria they are choosing people for layoff ? In some team I could see 20% people are kept. They seem to be randomly choosen. My manager says this time its not in his. So how the upper management is deciding whom to keep whom to let go... — read more