Topics regarding layoffs at Oracle Corp.

Topics regarding layoffs at Oracle Corp.

Death by Metrics: Support

Anybody work in support? The whole organization is trying to ki-l itself with metric after metric. Pick a lane. Sheesh

Wouldn’t it be funny

If the Oracle apologists, who come in and attack and insult people who are only concerned about their futures; if the apologists were in fact the targets of the next round of layoff. They call us deadwood for posting here, while they themselves are... — read more 

Deadwood? That's Funny....

I keep seeing the term "Dead Wood" being mentioned. What these people don't understand is THEY are the "Dead Wood." Go ahead and beat yourselves on the chest watching others get laid off or fired believing it is all on them. Having spent years at... — read more 

Came for RSU’s

They looked very attractive! I planned on how they would pay off my mortgage in just 3 years. It all looked great! That was the demo! RSU’s then became the yoke around my neck. The worked me longer and harder than any of my colleagues. ... — read more 

Oracle is low balling with Salary with layoff

The layoff news has given positive advantages for O to boost itself Stocks might go up on layoff news People fear of recession and stay for low salary increments and low salary like slaves Scrap dead wood

For those who are worried

Worried about layoffs and downturns? Recruiters aren’t: ‘We’re still seeing job growth on the whole’ https://www.cnbc.com/2022/07/22/are-layoffs-and-downturns-coming-recruiters-arent-worried.html

MAT Leave/FMLA

Are they ruthless enough to lay off someone on MAT leave? Does FMLA protect you from a mass layoff like that is that just another means nothing law? Any idea how long you get health insurance once let go? Just added my baby.

WARN act

Does oracle have to provide a federal or California WARN filling for the large layoffs?

Unvested RSUs after rif

I just confirmed my RSU is vesting on August 3rd. Worst case scenario, if I’m laid off on August 1st, am I completely out that money? I’ve read that it depends on the company. Has anyone had any experience with this?

It can never be emphasized enough

If there is a RIF, it is already set in stone who is on the list. It was planned months ago. That's how ours was because of one little slip. I tried to get my location swapped six months before the RIF and I could not do it. Nobody would tell me... — read more 

Fairer approach to layoffs

Oracle urgently needs a fairer approach to layoffs. Those who are affected, I have no doubt that they will manage and find something better for themselves in the foreseeable future, but it is very disastrous for this company to cut people who... — read more 

H1B should be layoff first compared to Citizens ?

Usually H-1B positions are claimed that there is no one in US for the position to be filled. if 3 persons in a team and one with h1B should be the first one to go ? compared to the Citizens ?

Layoff Package

Anybody (the formerly laid off) have any details on the layoff package?

Simply ruthless

Hiring people for a short time just to lay them off. Is there any logic in that? It's ruthless.

When does the Oracle layoff nightmare start??

How deep are these cuts going to be? What divisions? WTF are we supposed to do??? It's like a really really bad dream. It just keeps getting worse and worse, a total nightmare!

Just joined in CX…

I’m not in marketing or product development but am customer facing. Am I safe? Manager says so but I really hate joining at a time like this (acquisition/cost cutting came after I joined).

One Oracle

What may just sound like a slogan, is actually a central pillar of corporate strategy. It is ripe with potential! One Oracle has the potential to reduce redundancy in Sales and sales support systems. Rather than having a license team, a hardware... — read more 

Long slog on the way to a new job?

I have been looking for a new job for a long time and I still haven't found anything much better. What are your experiences? While some assure me that the market is hot and that it has never been easier to find a new job, my experience does not... — read more 

It’s on

https://www.crn.com/news/cloud/oracle-s-potential-cost-cutting-efforts-5-things-to-know/3

This is the big one

It's the one you were warned about again and again on this board It's the reason you were told to look for a better gig elsewhere It's the one you prayed would never come It's the one you can't hide from It's the one that finally catches up... — read more 

Are the layoffs real

There is a lot of news outside, is there a layoff really? If so, how many people got impacted?

Stack-ranking

anyone else hear their team was doing a stack-rank? in one (very sick) case I heard a team was asked to "self stack-rank". Eeewwwwwwwwwwwwww!

Illegal Sales Tactics

Do you know what kind of illegal sales tactics they are talking about here? What did we do wrong? https://www.theregister.com/2022/07/13/move_to_settle_class_action/

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Oracle CX Layoffs

I think everyone agrees that a large cut may be coming to CX very soon. After a string of semi-successful acquistions and poor integration plus miserable innovation - CX seems to be tired and undesirable. The management behaved like a good old... — read more 

As you think about layoffs...

...what bail out options come to mind? What kind of options are considering... I hope this is all going to fly over our heads but I also want to be ready...

Advertisng Layoffs before RSUs could vest vest

https://www.businessinsider.com/oracle-advertising-laid-off-staff-rsu-compensation-losses-2022-7 Layoffs happened in two rounds June 16th and July 1st. About 60 people impacted.

Been a while…

I’m in month 7 at my new company. It hasn’t been what I signed up for but I know others realize that as well. With that being said, I often times look back at my time at oracle. It really did a number on my mental health, my relationships, resorted... — read more 

The common thread in all these posts about Oracle is

that everyone feels the experience working at the company is very positive and everyone derives great job satisfaction in their work. So good to hear! That's what life should really about anyway, right?

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Layoff waves leading for a worse Recession?

https://www.linkedin.com/news/story/new-wave-of-layoffs-fueling-anxiety-4830593/ Usually, recession starts with small talks of layoff's and gets into full swing of cleaning projects to Organizations and sometime the whole Company. With the mounting... — read more 

Layoffs and finding a new job

I haven't been laid off before so I don't know but it'd be nice to find out: how do potential employers look at an applicant having been laid off? It's not the same thing as being fired and everybody knows that even the best employees can be... — read more 

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