Why Is OCI not selling this q???

I have recently noticed a VP promotion in MS ASE organization. We were told by our managers that there would not be any mid year promotions in the ASE org due to budget constraints. We’re there any other promotions in the ASE org.

It has been a good month. I hope we can say that at the end of February, wit both Valentines Day and the start of Lent coming up!

ADP tells me my login is managed by Oracle, which would be really great if I actually, you know, worked at Oracle and had an Oracle login.

Termination/RIF date was last week, trying to determine whether the final payslip is processed 1/31?

Asked by someone in the comment and wanted to start a thread. Based on what I see on LinkedIn, it seems very disorganized still. And while JM is not AK spending money on Red Bull Racing and quoting “Who Moved My Cheese,” I imagine morale is still... — read more 

# Cloud division: Total cost 283 (C&L) => Expecting cost around 120. Payrange 250-800 The severance pay is less here as lots of new joiners. So easy to mass layoff and reduce cost. But expecting some top directors/managers to be thrown... — read more 

I understand H1B gives a threat to US Citizens. But they are less threat compared to Offshoring projects completely. So what challenges these H1B's face. They are slaves to Citizens, they are slaves to offshore teams. There are good technical people... — read more 

Did he resign or get let go? Is this indicative of a deeper issue with the Cerner integration?

They don't need to lay off people in my area; All they need to do is to maintain the hiring freeze that has been in place for the past 8 months; attrition will take care of the rest. Exactly. It is surprising how many of my colleagues are leaving... — read more 

Anyone has access to the story behind a pay wall? https://www.businessinsider.com/leaked-oracle-emails-exec-leaving-layoffs-advertising-reorg-2023-1

Looks like DOL has started auditing Tech companies.

As another poster already posted, in the below document, on page 20, the 2022 restructuring costs have been lined out... in the footnotes of the page, it's noted that these "restructuring costs recorded to each of the operating segments presented... — read more 

What’s going on with OA?

The only way you can protect yourself against the coming layoffs is by being prepared and having several options to fall back on if the worst happens. All the energy you're spending stressing over whether you're safe or not would much better be spent... — read more 

Big meeting for the OCI department tomorrow.... Pretty damn worried

7%

I have no idea who you are talking about 75% of the time. There’s hundreds of Oracle execs, I can’t be the only one confused here.

https://www-cnbc-com.cdn.ampproject.org/v/s/www.cnbc.com/amp/2023/01/20/google-amazon-microsoft-meta-twitter-severance-packages-compared.html?amp_js_v=0.1#webview=1&cap=swipe Companies can offer as little or much as they choose. Companies can... — read more 

From Oracle Investor relations page : https://investor.oracle.com/sec-filings/sec-filings-details/default.aspx?FilingId=16257261 Restructuring section shows : $927M is allocated for End of 2022 and First of 2023. However $507M is spent so far. So... — read more 

Rumor has it that there will be more changes in marketing soon. Title changes, pod changes, dont know. Brace yourselves and keep looking for another job.

Happy lunar new year to everyone but LJE, SC, and too many middle managers to name. If you were born in the year of the rabbit, you probably should look for another job given the craziness of everything too. Speaking of the craziness, layoff season... — read more 

It will pay your bonus or severance this year.

This needs a thread... If you’ve done nothing wrong then no need for a meltdown. Mid mgmt is corrupt and employees especially those that have had real life experiences with mid mgmt abuse, need to have a safe place to tell truth. Layoff of thousands... — read more 

Continue hiring more H1bs at the expense of US citizens?

Fake, fake, fake, fake, fake....

Once again this warrants a post, the classic Oracle Dumpster Fire gif. Always good for some laughs, Enjoy! https://thumbs.gfycat.com/BlackandwhiteSmugDragon-mobile.mp4

Alphabet said it would offer U.S.-based employees two months notice, plus 16 weeks of severance pay, along with two additional weeks for each year an employee being laid off from the nearly 25-year-old company has worked there. The company will also... — read more 

After Amazon, Microsoft and Salesforce, Is O going do it again.

ORCL was late on cloud game and now it's late on A.I. game MSFT is already putting a ton of $ on ChatGPT. What's ORCL doing on A.I.? Hope the high salaries at the top start to do something before is late again.

In case of a layoff, would they pay the bonus for the previous or current quarter? How would this change, if one were to resign?

I just saw that 184 people were let go on Tuesday Jan 3rd in Romania. It seems that Oracles new trend is the first Tuesday of the month. So I don't think many or maybe any layoffs will be made on Jan 17th as I originally thought. Pretty sure... — read more 

We won't sc--w you as bad. You still have to run Oracle though. And you still have to listen to LE at our events.

heh heh https://www.sfgate.com/hawaii/article/larry-ellison-ticketed-in-lanai-17711471.php

Can any M4+ here share details on upcoming layoffs in OCI? Are there any plans for layoffs within engineering soon? If yes, how many and has the list been created yet?

Unless you are close to actual retirement you need to find a way out. Eventually you are going to get caught up in it and if the economy takes an even bigger turn down, getting back to work may be difficult. So leave on your feet rather than on... — read more 

That way we can keep jobs in US. There are other places is US much cheaper than Bay Area. E.g Charles Schwab moved to Denver, Colorado and other cities.

It's a new week and it's time to wipe away those holiday eyes. The real world has returned and tech layoffs are back with directives from Amazon and Salesforce. Is Oracle next? Do you even have to ask? The answer is always yes, and no you will not... — read more 

because they trust their managers Is that funny?