Topics regarding layoffs at Oracle Corp.

Topics regarding layoffs at Oracle Corp.

Any news about Romania?

Hi all, I just wanted to ask if there is any specific news for Romania, regarding: Remote roles (what is on the table for us, if this is country-specific by any chance, or is something just for a few people, or is it at department level regardless of... — read more 

How is Oracle services doing ?

From Sec report, we see that Oracle services is doing poorly. Income is 1376 where as expenses is 1215. Not sure if the numbers are adjusted for stakeholders. Who leads this org? and were there any layoffs earlier on this ?. Seeing this as more... — read more 

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| 1830 views | | 1 reply (March 16, 2023)
Post ID: @OP+1lEseR3c

Which GBU are restructuring?

I’ve heard a few of the global business units (GBUs) under Sicilia are restructuring. Does anyone have any insight? This is all from the rumor mill

Expecting more layoffs to come

Well expected results for Q3. Oracle's operating expenses were so high and I expected Oracle to play down with restructuring. Oracle also handles litigation, acquisition expenses as part of its restructuring in addition to layoffs. This Quarter... — read more 

$342 million of severance in the next 3 months

Latest SEC filing: https://d18rn0p25nwr6d.cloudfront.net/CIK-0001341439/35a1d4a1-31e7-4358-99d3-c2d0a981e4a5.pdf From page 18: $342 million of restructuring costs (employee severance) in the next 3 months . $224 million in Cloud and license. $7... — read more 

8-K

Read the 8-k and it looks like there were $359 million in restructuring costs so far in FY23 which includes $78 million in Q3. Didn’t see a mention of forward looking restructuring costs but if we go off of past filings, there is still a significant... — read more 

Union?

https://www.businessinsider.com/tech-layoffs-allow-workers-learn-how-to-unionize-2023-3 Layoffs inspire interest in unionizing. Google’s layoffs did two things, my teammate Paayal Zaveri writes. They shattered the utopian illusion of working at a... — read more 

A proposition to the admin

Dear admin, Shall we frown upon posts that reference a specific date for RIF’s with ZERO clarification? Sincerely, The concerned majority

Oracle seems to be a follower more than ever, now

Google & others announe cutting higher salaries - and it's like uhhh you mean we can do that? It's like they are so out of touch they forget who pays the bills. The habit of laying off employees is all they seem to know. The rest of the world knows... — read more 

They’re watching you

You never know what the management will do next. They are watching your every move. Looking towards the next round of layoffs. You can’t trust anyone these days. It’s hard to tell whose in and whose out.

Oracle is destined to fail

We have a management that is scared of trying anything new. This has become a place where modern ideas and proposals go to die. We're stuck in the past while everybody else is moving forward. Instead of offering a better product, we're bullying our... — read more 

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| 2740 views | | 7 replies (last March 20, 2023)
Post ID: @OP+1lp2vcQe

Q3 Earnings Predictions

Oracle earnings coming up soon. Will there be a hit or a miss on revenue and profit? How much more money is left over to cut employees? How is Oracle handling Cerner and the VA boondoggle? How is SC and her spreadsheets approaching the... — read more 

Oh I see...

My management was so odd, so strange. I didn't quite get everything they were doing. But, I see it more clearly now. The run-on sentences followed by the DO NOTHING command tone. It worked, sort of, but it always looked a bit odd to me, and I was... — read more 

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| 2250 views | | 3 replies (last February 28, 2023)
Post ID: @OP+1llDoTlU

IC Subordination Nightmare approaches once again

subordination noun The act of subordinating, subjecting, or placing in a lower order, rank, or position, or in proper degrees of rank; also, the state of being subordinate or inferior; inferiority of rank or dignity. So here we are once... — read more 

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| 2970 views | | 8 replies (last February 28, 2023)
Post ID: @OP+1ljZlQGC

Alternatives to downsizing

What frustrates me the most is that all the work of Oracle's leadership boils down to layoffs. Instead of actually managing the company with well-developed plans and vision, layoffs are their preferred response to all the obstacles and issues... — read more 

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| 2600 views | | 7 replies (last February 21, 2023)
Post ID: @OP+1lhOGvXF

(Interesting) The Briefing: Oracle and Google Cloud

Another Travis Kalanick legacy is disappearing from Uber. The ride-hailing and food-delivery firm revealed on Monday that it was shifting most of its computing work off its own data centers to the public cloud, reversing an Uber policy that has been... — read more 

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| 2760 views | | 3 replies (last February 15, 2023)
Post ID: @OP+1lbvydD7

Larry’s Valentines Day Poem

Oracle’s logo is red It’s beat up employees are blue Layoffs are imminent And likely will affect you LE enjoys Lanai SC rolls in the (spread) sheets JM guts his organization Employees with full of (pink slip) treats It’s not your father’s... — read more 

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| 2730 views | | 5 replies (last February 11, 2023)
Post ID: @OP+1l8P1qhm

Tuesday February 14th.

When they say I love you in their own unique way, just like they said Merry Christmas.

What level is IC4 (non developer)

I got an offer for IC4 in ops. Any details I’ve found about this level is IC4 in engineering. Can anyone explain more about this level? Is it considered senior-level in Oracle? Mid-level manager? Entry with experience? Typical salary range would be... — read more 

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