Topics regarding layoffs at Oracle Corp.

Topics regarding layoffs at Oracle Corp.

More cuts coming to OA

MS gearing up her spreadsheet for more RIFs going in to FY24. Might happen before the end of da fiscal, so some unlucky RIF people won’t get their q4 payout. If your feeling like you’re on the list, start applying now. And if you’re not, just get... — read more 

Oracle Falls to #3 in DBMS Marketshare

Gartner just released 2022 results. AWS takes the top spot, Microsoft second. This is what happens when LE denies cloud for years. Oracle will keep dropping….

Which departments are being cut?

I read here about people who were cut, but I can't figure out which departments were affected. I'm safe for now but I intend to leave anyway.

what makes management so clueless to the outside world?

What makes sr. management so clueless to the outside world? Some of the folks who have grown old with oracle have no concept of what other companies are doing and why it works better. Oracle treats their customers like hostages.

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What they forget

It is not so much being RIF'd. It is also how its done. The people who are treated wrong will someday likely end up customers. How long do you think they will keep Oracle in their company when they have an alternative. One reason the market is so... — read more 

Work being cut down

Someone mentioned in one of the threads below that his manager cut down his work, probably so that he could could devalue him and claim that the employee is not doing anything. I'm starting to think this isn't a rare occurrence at all?

Me right now !!!

Laid off and feeling lost, What once was certain is now tossed, The road ahead is unclear, But know that hope is always near.

It’s hard to stay motivated

If among those who get cut are many who worked really hard, while those who worked just enough to avoid getting into trouble survive, what kind of message does that send? They've cut a colleague of mine, who was a real pleasure to work with and... — read more 

Layoffs

We're the layoffs just in the US?

More layoffs in OCI

Should we expect further RIF across OCI over April/May? And maybe next FY, August/September

Confirmed. NO focal in FY24 org wide

Just confirmed in our all hands by our GM. No formal focal across Oracle in FY24, regardless of business or individual performance. Reason given was the economic climate. How does this make you feel?

Years without a raise

I would never stay in a company where I wouldn't get any pay increase for years. So I wonder why those who say they haven't gotten a raise here in a long time don't look for better opportunities elsewhere?

I don't get all these layoffs in tech

Why in the world do these companies keep thinking that firing their most experienced and knowledgeable employees is the solution to fix the problems caused by their lousy and selfish bosses? Has this tactic ever actually returned anything but... — read more 

What is with the promotion/ladder climbing culture?

I've heard from managers who were interviewing candidates that they are immediately asking how quickly they can get a promotion... There are so many on my team who cause a stir or simply quit when they don't get their promised annual promotion. Some... — read more 

Hiring freeze

And my contractor role is not converted to Permanent. One new teammate is joining as Contractor too. Is this usual practice for Oracle?

Did Oracle ever have job security?

I’ve been here for a little over two years and in all that time I have been worried about layoffs. I can’t believe that it was always like this. I can’t imagine spending ten or more years at a company and constantly having to worry about my job. When... — read more 

For you my dear Ex

Once a leader of our team, Now the bearer of bad news it seems. Your actions have caused pain and strife, Yet we must move on with life. You may have thought it was best, To let go of a valuable asset. But know that your decision had an impact, On... — read more 

Major culpable absenteeism with team members

I've been with my org since before the pandemic. We were converted to full remote workers at the start of the pandemic. I am finding people on my team are calling in sick once a week often leaving other colleagues attend meetings for them etc... — read more 

Marketing Layoffs

Do you think we’ll have more despite last year’s gutting? With JM being so cheap, it seems like he will be planning for more. SC and LJE have to be in his ear…

Is Oracle 131B Dollars in Debt?

Looking at the latest Q3 2023 financials it says under the LIABILITIES AND STOCKHOLDERS' DEFICIT section: Current Liabilities (debt that has a maturity under 12 months): 22.8B Non-Current Liabilities (debt maturity over 12 months): 110.6B Total... — read more 

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