It's going to be worse. Apple and Amazon already announced about less hiring till September 2023. Oracle has more plans to shed as it has more headcount and will become lean. People who struggled with Oracle, this might be your last exit.

In Larry Ellison’s keynote at Cloud World, he laid out an ambitious plan for developing a national – if not global – electronic health records databases so patients and providers can go to one place to access all of their health records. Oracle’s... — read more 

Anybody else?

Team Oracle, If you've watched the news around the technology industry over the past few quarters, it hasn't been pretty. Rising interest rates, persistent inflation, and global uncertainty have created turbulent markets that have led to layoffs... — read more 

https://www.channelfutures.com/business-models/reported-layoffs-at-oracle-cloud-come-as-no-surprise

How does it work in terms of returning equipment and paperwork? Is there a deadline? Will severance payout be affected if paperwork is not returned in time?

Sadly, it's not too early to start thinking about the next round. We know that we're nowhere close to the number of laid off employees the leadership wants to see. I'm just wondering if they'll let us breathe for a while and not have any more layoffs... — read more 

I've been looking for a new job for a few months but I never put any real energy into it. That's going to change starting right now.

But no one is posting here. It's a chance to give your personal perspective on how things were handled and help others prepare. Was it a 15 minute meeting with your manager?

https://www.healthcareitnews.com/news/oracle-close-2-cerner-campuses-kansas-city

Something that says that you can't ever again work at Oracle if you are laid off? I know few people would want to return, but having the option would be nice. I work with a guy who was laid off a decade ago and then returned a few years later. You... — read more 

Can someone tell me what roles from CX are being eliminated this time?

Read Gartner’s comments about Oracle. They brutally blunt. https://www-theregister-com.cdn.ampproject.org/v/s/www.theregister.com/AMP/2022/11/01/gartner_cloud_magic_quadrant_2022/?amp_js_v=0.1#webview=1&cap=swipe

https://www.businessinsider.com/oracle-cloud-infrastructure-layoffs-200-employees-2022-11

Well it was what it was

What GBUs are impacted under Mike Sicilia? Thanks!

Was told I have 15 days to look for a new position

Seeing several posts about layoffs via group meetings which I’m skeptical about since we haven’t seen that yet and none of the posters are giving any kind of details that someone on the inside would have. If this is real, I’m sorry that this is... — read more 

Last minute invite to a meeting with HR, SVP, and executive personnel later today.

So who gets laid off…people invited to the town hall or those meeting with manager?

Raise your hand if you're on the list. It's severance day!

In VK org.

Will anyone hold Oracle to account for how it treats employees, or are investors just there to sip champagne, eat caviar, and gloat in the fact that RIFs will maximize their investment?

Top elite rival firms such as Google, Microsoft, Amazon or top consulting firms such as BCG, Accenture, McKinsey etc… and some startups too use “Move up or move out” policy based on bell-curve evaluation performance system against their peers, even... — read more 

The days of building offices and people actually wanting to come in is probably over.... When most of us can do exactly the same thing from anywhere in the world and not have to commute, deal with traffic, parking, buying lunch, paying $6/gallon for... — read more 

Happy Halloween week, Oracle employees! Besides the goblins and ghouls roaming your doorsteps this week, be prepared for tricks and treats from HR, for its the scariest story of them all: Layoffs! Of course, there’s no surprise ending with this one... — read more 

We have a great History! We have won quite a few championships. There is a certain swagger to our steps, but we are not playing in the World Series. Oracle has decided to dump player contracts, but that earns you no wins. It is time to replace... — read more 

explaining current major restructuring as explained in this article: https://www.fool.com/investing/2022/10/28/excited-about-the-work-oracle-cloud-is-doing-not-s/

I can’t count how many times I’ve been asked that since Monday! I want to say, sorrow and sadness, bitterness grief, or as Gordon Lightfoot would say … The way I feel is like a robin Whose babes have flown to come no more Like a tall oak tree alone... — read more 

Seem like an incompetent bunch many of them or only middle management?

Negative emotions, confusion, breakdown of productivity are all completely understandable since effective communication isn't a priority here at all. We constantly have situations where there is a discrepancy between what is said and what is... — read more 

At the end of the day, LE and SC report to Wall Street not to its employees ; it’s just business and they could not care less about the consequences on the communities and families; Unfortunately this is how business and America work: there are... — read more 

It is all to easy to think of this in abstract terms, but Oracle is not hurting. They are getting what they want. Oracle is in control. This comes down to people. Our friends and colleagues who must now scramble to find health coverage, figure... — read more 

Most companies layoff sooner or later. What is remembered by employees is how they were treated while there and how they were treated during the layoff. What Oracle has missed all these years is not just their making things contentious with the... — read more 

Someone thinks that it will be losing its DB market share to cloud rivals and I agree. Although I think that the company will face many more issues in the coming period.