Layoffs happening as the keys to the company have been handed to the ballooning OCI organization. Nothing new in this story. Company falls behind in technology, panics, and then overpays some heavy weight with big reputation to come in and save the... — read more
Oracle IDC Hyderabad Lay off happened today
Couple of guys from every director has been asked to leave I know couple of them
Got atleast 10 good bye emails yesterday from US counterparts of my team
These are people with whom I worked at some point of time of my time at Oracle. The ones whom I know who got fired yesterday were mostly Senior Managers, VP etc, Few developers too. I believe there are more who didn't got a chance to send email.
New hires Layoff
Have you heard any new hire or campus hire (experience < 2yrs) getting laid off? I heard only about experienced ones. Thanks
Business Insider has the scoop
More details on which places were hit https://www.businessinsider.my/oracle-layoffs-2019-3/
Removing the healthy tissue
We all knew layoffs were coming and the leadership didn’t put too much effort into hiding this, so I can’t say I’m surprised, but what I am surprised about is the way they were doing and what employees were targeted. From what I see, among the folks... — read more
IDC Bangalore severance
Does anyone know what's the severance policy? Do you get any? Is it based on years served? Someone asked this in thread below, but no one answered, and I was wondering the same. I am hearing multiple things from multiple sources and can not be... — read more
Unofficial layoff report in IDC Bangalore
This entire week layoffs are happening in IDC. In terms of head count IDC is the worst affected. The number is so high that HRs are not able to keep up and scheduled layoffs in batches till mid April. The total number ranges from 800-1300 in IDC. As... — read more
Oracle has spent about $30.3 billion on share repurchases this year
Oracle’s Pockets Aren’t Deep Enough https://www.google.com/amp/s/www.wsj.com/amp/articles/oracles-pockets-arent-deep-enough-11553175067
Solaris engineering RIF, Spring 2019
All 1st level Solaris software managers. All 1st level HW & Solaris software Program managers. LA office closed. Many SPARC HW and Solaris SW engineers. All engineers involved with standards - UNIX, POSIX, KMIP ... gone. Engineers working on very... — read more
Stock fast forward?
Do they fast forward stock vesting in layoff?
Lack of Human Touch
If I were a director, and they asked me to axe some one really good in my team , I would at least say no or put my papers first. I haven't seen such nasty directors who would axe the hard working engineers under them to save their a--! Karma bites... — read more
Any VP, IC6 laid off ?
Is the layoff happening across all job levels? If anything, VPs, M7s not to speak of manipulating IC6 and IC5 should go. They just played along with the mess, screwing the troops at the bottom and leaving us in this mess.
SC sold 5 millions shares
The rats are leaving the sinking ship. FYI, her and MH and LE all belong to Jim Rome's rat family section for those that listened to Jim Rome before he sold out... — read more
Oracle layoff in CDC Chin$$
Guys, any news about oracle layoff in China/CDC? It's heard many HQ co-workers got RIFed.
Layoffs in US have been completed, intense morning in HQ
Layoffs are done in US. Im not impacted by this wave but ended my day sick and heartbroken today. There is a guy in my floor, different group, who happened to be leaving 200 building when I was arriving. His wife and kids were waiting for him... — read more
Laid off
Got laid off today with 60 day pay and time to look for another job either internally within company again or externally. Oracle cloud business is going down!
Should we expect more layoffs for the same product at the same location?
A bunch of people in my product (OMC) got laid off today where I am (HQ). I and my immediate team were spared. Does that mean that layoffs will not be coming our way again very soon (this quarter at least)? Or does Oracle have a history of doing... — read more
Help!!!
Any one in india who has been asked to leave in idc.. please share the details about Severance pkg..? Have spent 7 month here ...will they ask me to leave or move to other team.. i should start looking out...share your thoughts
Is this Larry turning over the reins?
Ok, so we've just had a bunch of newbies in Seattle, a non-entity of a city for Oracle until recently, stage a major coup. Is this plan to transition to a Cloud company actually the plan to transition away from Larry? Or, maybe some techie kids just... — read more
Was anyone here under the misapprehension that Oracle was a touchy feely company?
Oracle has always had a culture of assholishness. Ask any customer or biographer of LE.
Don Johson’s Email on lay-offs
Team, I wanted to share with you context for the organizational restructuring happening today. Over the past several years we've seen progressive change as Oracle has evolved into a cloud services company at its core. This is a giant shift across the... — read more
Worse than a knitting circle
All this hysteria here. Layoffs, re-calibration happens in any LARGE org. OCI-C got big paychecks and RSUs. Some of these guys hired onto OCI total compensation would have made you tear up with envy. The direction has changed. The gamble on big... — read more
someone write
Wish some one wrote an article in the top mags how so many veterans and engineers were chopped off with short notice and how cheap a company can be, except this forum I haven't seen any articles anywhere! 100 OMC Engineers plus many others axed! and... — read more
There is a fundamental reason why costs can't go down with Oracle
I particularly liked this comment froma an Oracle-SAP analyst "Shaun Snapp - SAP & Oracle Researcher at Brightwork Research & Analysis There is a fundamental reason why costs can't go down with Oracle....aside from Oracle always being the most... — read more
Major housecleaning today
Brand/marketing were laid off this morning, approx. 50 people
Any layoff in Oracle Integration Cloud OIC ?
Are there any layoff in OIC ?
Bangalore Layoffs
Pls. share the info about what teams have been laid off in Bangalore ?And when ?
Any layoff in HQ for OMC
We are waiting for today to see the cut down in OMC @HQ. Update thr thread if there is any news on the count. Waiting for IDC day for OMC announcement
US Team got Axed today - OCI-C
Working in OCI-Classiv. My Team is spanning throughout the globe. A total of 32 engineers, spanning all over the globe US-MX-EU-IDC US and MX got the AXE today. Waiting for our turn
Imprecise and Excessively Relaxed Comm Approach
Layoffs or not, what drives me nuts is a nonchalant way how the execs and corp comm team are going about this. There was an organization wide email sent to tell us how rosy things were and how we are knocking it out of park in the marketplace... — read more
https://twitter.com/TheLayoff/status/1108767541697011712
https://twitter.com/TheLayoff/status/1108767541697011712
Is it always one on one meeting?
Does it mean if I don't have a one on one scheduled I'm safe? Or do they send invites to meetings throughout the day? I'm sorry if these seem like stupid questions to some of you, but I'm relatively new here and I don't know how Oracles handles... — read more
Has it started?
What's going on? Has anybody heard anything yet?
IDCS layoff on 21st
What I heard there will be layoff in IDCS noida, india on 21st March.
To all getting RIF:ed today
Thank you for your contribution to EPS and the 3 Stooges ‘ bonus plan. Signed- 3 very greedy, selfish swine