Topics regarding layoffs at Oracle Corp.

Topics regarding layoffs at Oracle Corp.

AND Sadly ORCL Stock UP / Safra Cashes Out Hugely

Oracle Co. (NYSE:ORCL) CEO Safra Catz sold 394,081 shares of the stock in a transaction that occurred on Monday, May 1st. The stock was sold at an average price of $45.01, for a total transaction of $17,737,585.81. Following the transaction, the... — read more 

26,000 Oracle Jobs Cuts - Trip Chowdhry's Analysis

I'd like to draw your attention to my post here on Oracle's layoffs.com forum - I've posted this in January 2016, so almost 1.5 years ago... In short, Trip Chowdry (Industry analyst) predicted that Oracle will shed 26K jobs as the company transitions... — read more 

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| 2353 views | | 1 reply (June 1, 2017)
Post ID: @OP+Nzy0pyN

Denver Layoffs

Several of us in the Denver office were laid off this morning. It feels weird to be let go but it's also a huge relief. I don't know anyone who enjoys working for Oracle.

Oracle Partners - Major Blessing 4 Me

You aren't the only ones getting hosed - those beautiful Oracle partners also get hosed and eagerly await your resume for help NO MATTER what your Age! I just talked to one in my space who absolutely has 50 and 60 year olds and even a few in their... — read more 

One Piece of Good News in All This Bad News This Week

So I am axed BUT If you look on Dice you can sort for contract work in Oracle areas you worked no matter what roles and WOW! there is a ton of poor installations that need fixed, or help with Oracle projects, installations, procedures, anything, if... — read more 

Job Postings= Fake News

Check out all the job postings right now. Considering what's going on, do you REALLY believe Oracle has that many openings? If they'll lie about and hide layoffs, there's no reason they wouldn't post fake job openings.

Field CSM's are being let go

Just received my letter including severance. 1 month cobra. Customers complain about the CSM hub, Sales complains about CSM hub, clients complain about CSM Hub. It's Oracles way to be cheap to try to provide value to clients but it's not working so... — read more 

This is like the game show Survivor

For the people who still have a job, they are exhaling a sign of relief. This time it's not just sales reps, sales consultants, dev, & support but also managers. How long until the next round of cuts?

Looks Like Mark Hurd Falsified the truth

Anyone else find this interesting? http://www.cnbc.com/2017/03/16/oracles-hurd-cloud-shift-will-not-result-in-mass-layoffs.html there are multiple articles where Hurd is quoted denying any layoffs to impact Oracle teams. Yet here we are at the start... — read more 

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| 2020 views | | 9 replies (last August 31, 2018)
Post ID: @OP+Nzy1KMR

It does not matter how great your work is!

Been in the industry for almost 40 years. Always the same. You are just a piece of meat that can be tossed out at any time. Does not matter how great your work is. Just a fact of life. My parents always had a Union to protect them. They never saw... — read more 

UK Redundancies

I'm one of at least 15 in the UK, sales and pre-sales, who had their last day today. Being the UK the severance packages are good. Best wishes to everyone.

Be Ready, Get Ready!

If expecting layoff be sure to remove personal files off as they don't give much time and my friend had to give hers back in 30 minutes. Also hr is not clear on this but you have 60 days to sign for cobra and oracle picks up the first month. It is... — read more 

Layoffs - Customer Success Managers NA (June 1st 2017)

Just heard several Customer Success Managers for North America Cloud are getting their pink slips via FedEx today. Most are remote and older employees. They are getting replaced by college kids in Austin and Burlington. They bring these kids in at... — read more 

Support in Europe coming to an end

Its the end of all support in Europe, only Romania will survive... ...It is not just a layoff plan its a massive restructure. Posted by: @NzmxvVi-urr . Final notice for France will be June 6th. So rumors tell, next country in line is Spain (sometime... — read more 

France

And it is starting in France, again. Our yearly layoff plan just arrived today...

Self Service-HCM Cloud To Find New Position June 1

Last June 1, we would go to self service, then HCM cloud and it would tell us who our manager is and who is on our team. Checking today, looks like HCM cloud has a different layout and doesn't give you that info. Obviously Aria will not be updated... — read more 

DB reorg

Just was told by mgmt that some DB teams are being reorg into larger DB teams. Of course no details as upper mgmt has no clue what they are doing.

Hardware SEs - 1:1 Meetings on June 1st

Hardware SEs update - Our whole team has one-on-one meetings with our manager on June 1st. Odd thing is - we make our numbers and get nothing from PaaS or SaaS .

SaaS Sales Reps Layoffs

Received a call from a colleague who got the axe just this morning. Sales rep. Its the housecleaning of anyone who didn't perform as prescribed in Q4 who was on their watch list. It was SaaS rep.

US field office closures?

Just out of interest , has then been any word on office closures within the smaller based offices in the US that have been acquired through various acquisitions over the years? (such as Hyperion, BEA, Siebel, Primavera). Locations such as: Stamford... — read more 

Managers with info- let's go, leak it

Come on guys. This is a 136,000 employee company. If there's something in place for june 1 or june 2, then it has already been drawn up and is waiting to be executed. As such, come on. Have some backbone. Leak it here, it is anonymous. If you don't... — read more 

June 1st - any updates?

Today's May 30, was wondering if anyone has seen any 1-1 meetings set up for June? Or like someone was saying, all fake news?

Options for Sun

Option awards are out and we are valued less this year than last year. Soon will see how EVPs and above get compensated. Handsomely I presume.

At least we'll have time to watch the America's Cup!

If I get RIFed this week at least I'll have time to watch the America's Cup in Bermuda. Larry's spent hundreds of millions on sailing and it's great to see that investment pay off. Go Team Oracle!

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| 1090 views | | 3 replies (last May 31, 2017)
Post ID: @OP+NxTbiFC

Oracle will be a $70 stock shortly

Oracle makes money and profit.... There are massive profits to be made from the cloud it doesn't matter if they s--- or not. They will continue to acquire and I suspect a very big acquisition in the cards. They have the data, the hardware, the apps... — read more 

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