Topics regarding layoffs at Oracle Corp.

Topics regarding layoffs at Oracle Corp.

How bad will it get?

Do we have any ideas how bad today will be? Putting together all the posts so far that had any info or speculation on what's getting hit tomorrow and how many will be laid off, it looks like we are not talking just about hundreds of employees... — read more 

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| 2710 views | | 2 replies (last March 21, 2019)
Post ID: @OP+Yb1iEYH

Why are layoffs done now?

I know they don’t need a lot of reasons to perform layoffs, but why did they chose this time to perform them? Wasn’t it more logical if they performed them earlier, aront the beginning of the year or in autumn? What’s the logic behind this timing?

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| 2340 views | | 7 replies (last March 21, 2019)
Post ID: @OP+YbEROgA

Great way to make money

Increase stock price using buyback and then sell own shares...simply great https://www.gurufocus.com/news/835550/oracle-corp-orcl-ceo-mark-v-hurd-sold-646-million-of-shares

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| 1240 views | | 8 replies (last March 21, 2019)
Post ID: @OP+Yb3XMy2

Health insurance after laid off

Hi, does health insurance terminate the same day as the laid off day? And if you do get Cobra, does it get retroactive back to the day when your health benefit ends? Thanks.

Unofficial official layoff announcement

Most public companies announce layoffs in advance; oracle does not, so T.I. Decided to do it for them. For immediate public release Having failed to generate growth in cloud revenues on par with real cloud companies and give that everybody (and their... — read more 

Is OCI targeted for big layoffs?

Here is the deal - OCI was indeed supposed to be the future but turned out to be monumental pile of manure, combined with almost nonexistent investments in actual cloud infrastructure. Also they are paid king’s ransom and I can see how tempting it... — read more 

What teams are affected in IDC

What are the teams that you know got laid off recently? Also, pls mention Org and QA/DEV or whatever Thanks.

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| 2040 views | | 2 replies (last March 20, 2019)
Post ID: @OP+YanxgSo

Only 1 or 2 more days wait?

Only 1 more day?And Is the stress/wait over after tomorrow or day After tomorrow? Atleast at this point of time. I know some would think, lay offs wont stop. But, I am asking only abt this FY19 layoffs that gained lot of buzz for the past few days

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| 1780 views | | 5 replies (last March 20, 2019)
Post ID: @OP+YatzJLf

One more day, I guess

Oh, goody - we get an extra day of anticipation and worrying and stress as we wait to find out who will be laid off and who is safe. So nice of Oracle to be so kind and provide us with all that excitement when they could have been boring and just had... — read more 

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| 1810 views | | 5 replies (last March 21, 2019)
Post ID: @OP+Yaz6p4r

More today?

Will there be more layoffs today? If yes, any idea on what will be hit?

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| 1890 views | | 5 replies (last March 20, 2019)
Post ID: @OP+YaSz0zK

I knew it was too good to be true

I guess that break we had in layoffs was really too good to be true. I knew something like this was bound to happen - just when we relaxed a bit thinking we are safe at Oracle, they threw something like this at us. And now we are back to sleepless... — read more 

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| 2000 views | | 6 replies (last March 21, 2019)
Post ID: @OP+Ya9a6V3

Oracle has given up the innovation game years ago

Oracle is a sales company with some software in tow - not a software company. They have given up the innovation game years ago. Their goal is to put out the bare minimum product, and then let their sales teams sell it to Enterprise executives scared... — read more 

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| 840 views | | 3 replies (last March 20, 2019)
Post ID: @OP+Ya13wSb

Silver lining for those who are laid off

In IDC, if you're laid off, you get a month's salary for each year you 'served' the company. Plus, salary of the notice period and any earned leaves you saved. If you were in Oracle for 10 years and some months, you'd get 10 + 2 + 1.5 months of sal... — read more 

Now an ERP SaaS and IaaS (Database/Cloud2) company

So remember back last year when TK left, reportedly because he wanted Oracle products to run on other public clouds (that work)? Well, maybe good old LE actually IS making something happen. A "bet the company" move that may involve some smoke and... — read more 

It has started

I got a "mandatory" presential meeting today with a HR guy it resulted the to be the layoff meeting. I was working for OCI-C project, you are warned. Post ID: @Y85sLda-1dbv Moving to the top for visibility.

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| 2730 views | | 6 replies (last March 20, 2019)
Post ID: @OP+Y9F2KPW

Firing and Hiring

they fire engineers from one side, hire and sponsor engineers at 150 K plus on the other side! wonder how DOL is approving these petitions!

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| 1480 views | | 6 replies (last March 19, 2019)
Post ID: @OP+Y9SocKz

EMEA REORGANIZATION

EMEA will see a huge reorg in June 2019 (Q1FY20). Solution Engineering will push their hub plans and Business Development will get some axe magic. CSMs will most probably be reduced even further. Digital teams will also face a major overhaul.

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| 1283 views | | 2 replies (last March 19, 2019)
Post ID: @OP+Y9UhQcj

Layoff 3/19/2019 Update

Please add which Product / business unit and number of layoffs Example: Oracle Management Cloud- 0 lay offs on 3/19/2019 as its highly profitable

Motley Fool: oracle = IBM

The Motley Fools us apparently not impressed with all the share buybacks to boost oracle’s share price - deja vue ala IBM, and the lack of investment in new solutions / acquisitions. Totally gets it why WB sold his oracle shares. Yep, you can fool... — read more 

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| 780 views | | no replies yet
Post ID: @OP+Y9XCisW

It's on

...at IDC... ES org... check with the folks you know in the org. Good luck!

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| 1321 views | | 1 reply (March 19, 2019)
Post ID: @OP+Y9CdIR6

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