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
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?
Strange f---ing times. After nearly 18 years at Sun / Oracle, tomorrow will be last day...
With the exception of a slight career detour in recent years, I pretty much worked for Sun and Oracle for my entire adult. The houses I bought, my wedding with my wife, all those diapers and baby expenses, my kids private schools....all from Sun and... — read more
Solaris: Put a fork in her, she's done!
Not even Java supports Solaris anymore. https://www.oracle.com/technetwork/java/javase/downloads/jdk12-downloads-5295953.html
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
Oracle Sales Leader Advocating Outright Lies and Deceit in Order to Sell ADW
CG has been in and out of all the hubs telling managers to "seed" every active deal with ADW, whether the customer has a use case for it or not. Hmmm that sounds eerily familiar to when it was widespread that reps were "seeding cloud" into every... — read more
Severance for US Employees?
Anyone know what the severance package is for US employees? I have a 1 on 1 tomorrow
Stock options after Layoff?
What happens with your exercisable stock options after a Layoff?
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
Solaris?
How big
The 90’s Called. They Want to Know Why You Are Buying Oracle
from: https://articles.marketrealist.com/2019/03/the-90s-called-they-want-to-know-why-you-are-buying-oracle/ The 90’s Called. They Want to Know Why You Are Buying Oracle. WRITTEN BY JP GRAVITT FEATURED IN COMPANY NEWS, INSIGHTS, s Called. They Want... — 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.
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
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
3/21 layoffs update
Meetings scheduled in the AM , no idea for what?
More today?
Will there be more layoffs today? If yes, any idea on what will be hit?
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
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
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
Oracle OCI / OCI-C political fallout, Don Johnson officially won.
Waiting for the layoffs this Thursday (3/21). Knew it was coming eventually, but not this quick. I decided to ride it out because I'm lazy and I like getting paid to do jack. Already have interviews lined up with TC higher than what I was getting, so... — read more
Meeting with the guy who hired me
The guy who hired me scheduled a meeting one on one what could it be about ?
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.
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!
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.
https://twitter.com/TheLayoff/status/1108055983358648326
https://twitter.com/TheLayoff/status/1108055983358648326
Oracle layoff process Till When
When is this layoff process gonna end ?
Oracle Beefs Up Advanced Support to Help Customers Thrive in the Cloud
https://www.prnewswire.com/news-releases/oracle-beefs-up-advanced-support-to-help-customers-thrive-in-the-cloud-300814563.html
Oracle stock going up
The stock is going up day by day, any idea why?
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
Oracle Cloud Trapping Customers with Fake Offerings!
Looks like Oracle cloud business is struggling. They're using fake limited time offers to trap customers into using OCI. https://www.linkedin.com/feed/update/urn:li:activity:6507957144946503680
Are there layoffs happening today or not?
Is somebody simply trolling or are people actually being laid off today? If they are, where? Which locations and departments?
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
It's on
...at IDC... ES org... check with the folks you know in the org. Good luck!