Topics regarding layoffs at Oracle Corp.

Topics regarding layoffs at Oracle Corp.

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?

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| 1310 views | | 2 replies (last March 26, 2019)
Post ID: @OP+YgmJrJx

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 

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| 1190 views | | 4 replies (last March 27, 2019)
Post ID: @OP+YgY7uF4

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 

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| 3190 views | | 5 replies (last March 27, 2019)
Post ID: @OP+YgpwKVN

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 

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| 1530 views | | 3 replies (last March 26, 2019)
Post ID: @OP+YgMETL3

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 .

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| 2580 views | | 5 replies (last March 26, 2019)
Post ID: @OP+YgxWJHK

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.

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 

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| 1140 views | | 1 reply (March 26, 2019)
Post ID: @OP+YgR6nhu

IDC Layoffs

When can we expect IDC layoffs next ? This week ? Which teams are more prone for layoffs in IDC?

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| 2113 views | | 3 replies (last March 26, 2019)
Post ID: @OP+YgVi4nZ

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 

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| 2390 views | | 3 replies (last March 26, 2019)
Post ID: @OP+YgjF2kR

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.

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| 1670 views | | 6 replies (last March 27, 2019)
Post ID: @OP+YgAoGFn

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 

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| 1300 views | | no replies yet
Post ID: @OP+Yf8gdFy

RSU vesting

Do RSU vest for riffed employees?

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| 4440 views | | 8 replies (last March 29, 2019)
Post ID: @OP+Yf79mLh

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 

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| 4190 views | | 5 replies (last March 26, 2019)
Post ID: @OP+YfnpR8c

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 

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| 5270 views | | 9 replies (last March 26, 2019)
Post ID: @OP+YfWNSe6

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 

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| 2710 views | | 8 replies (last March 26, 2019)
Post ID: @OP+YfvKLVn

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 

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| 2950 views | | 4 replies (last March 25, 2019)
Post ID: @OP+YfbSMrO

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?

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)

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| 1495 views | | no replies yet
Post ID: @OP+YeU0JLK

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%.

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| 2310 views | | 1 reply (March 24, 2019)
Post ID: @OP+YeJYowR

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 

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| 2850 views | | 5 replies (last March 25, 2019)
Post ID: @OP+YeTIRrJ

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