Posts mentioning hashtag #oracle

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Oracle Laying Off More Employees

Oracle is laying off additional employees just months after a round of layoffs led to “complete chaos.”

Companies large and small have been slashing spending, freezing hiring, and laying off workers amid the worst economic downturn in years. Oracle is among those companies, engaging in another round of layoffs, according to Business Insider.

Unlike its previous round of layoffs, this round is unannounced. As a result, there’s no indication how many employees will ultimately be impacted. Some employees are reportedly being told they have until October 31 to secure a new role within the company, while others are being told their employee will be terminated the following Monday.

Jeremiah Cundiff, Cloud Technology Consultant at Oracle, is one such employee that appears to be in the latter group. Cundiff posted the news on LinkedIn:

There have been posts regarding #layoffs at #oracle. Unfortunately I got my call this morning that I’ve been included. I aim to remain in tech sales either in business development or as an account executive.

This seeking alpha dude is a clown. He is LONG on Oracle and is praying he doesnt get his a-- handed to him.

Its coming though. The "reorg" is coming in June / July and the shake out has already started. No big "layoff event" perse, but the usual cleaning out of sales personnel (reps, managers, SC's, CSM's) at the year end when the new comp plans roll out and the strategy cette année is revealed.

#Idiots run #Oracle

Post a picture on twitter from an all hands meeting about the value of employees right after a layoff. Check.


Celebrate our incredible employees at our Global Employee Summit! We would not be #Oracle without you.

That was just a couple of weeks after the first wave of 1.1 Billion dollars of severance packages went out and those employees were walked off campus. Pretty sure a good number of the employees in the photo got hit in the next wave too. Wonder how many will survive the whole package. We are just a little over half way there.... Gotta love the 365 days of suspense.

Oracle CEO welcomes the Design Tech High School

They could have spent the money retraining all of the folks they fired. A real shame.

Oracle CEO welcomes the Design Tech High School community to their new campus at #Oracle HQ. “When there were roadblocks, the collective spirit of every person involved made this possible. This is one of the highlights of my life," says Safra Catz.