Oracle has revealed it is cutting hundreds of jobs across the U.S. as it looks to improve its financials in what appears to be part of a much larger workforce restructuring. The software giant reported mass layoffs last week to the State of... read more
Topics regarding layoffs at Oracle Corp.
Oracle has been buying companies left and right in the past so it's bloated. It's trimming fat now that's all. Nothing new in the world of business. For employees, don't focus on the job but beyond it. I always consider the job as a means to an end... read more
How many people are laid off at IDC Hyderabad until now? Campus, Ananth and Salarpuria buildings Are the layoffs going to continue for some time? If so, until when? Is there any criteria? Are the low paid top performers targeted as well? I heard that... read more
Why Oracle has cutting down the resources who are not having a respectable Salaries. Why Group Managers, Directors are not asked to leave? They are not contributing at all. Most of them do work from home or tjey just come at 10 am and leaves by 4 pm... read more
Can we expect layoffs this thursday in IDC? What teams?
https://www.bcg.com/publications/collections/most-innovative-companies-2019-artificial-intelligence-platforms-ecosystems.aspx?linkId=65055503&redir=true&utm_source=LPC&utm_medium=Social&utm_campaign=The%20Most%20Innovative%20Companies%202019 It was... read more
Any idea on what happens after the layoffs are completed? Some sort of reorg is bound to happen. Any idea what they have in store for us at this point? Are we talking about elimination of some themes, outsourcing,offshoring, merging of teams, or will... read more
You have to play 'god' to them.
Does anyone know if anyone is support is being let go? Where is the leader Sarwal?
Is it just me, or is it seriously lacking? I can't understand why, though, because layoffs at other companies certainly get covered. What makes Oracle so uninteresting when it comes to layoffs?
I'm just wondering, with Oracle's reputation that it's extorting its customers and a growing reputation of constantly having layoffs - how will the company be able to find replacements - even the lowest paid ones - for the people they are laying off?... read more
If you are being laid off and the company offers you another position that comes with lower pay, what happens if you refuse it? Does it mean you are no longer eligible for severance?
https://www.businessinsider.com/oracle-customer-explains-audit-threats-2015-9 https://scottandscottllp.com/oracle_audit_tactics_draw_media_attention-aspx/ Here's what we heard from this Oracle customer, who requested anonymity because his employer... read more
Any rumours this week about teams that are going to get laid off?
Is there any way we can determine that? Just wondering if there was a certain pattern to which departments they wanted to thin the most or even eliminate. Maybe there was some logic behind this other than the standard principal to get rid of the... read more
Target is less than 9000 people worlwide. 3 different rounds, with different targets. First round will close in may, US as usual got hit first, next in turn is LAD and APAC, then EMEA. Slightly more than 2000 people affected overall. Second round... read more
anyone has any clue, if there has been any firing happened in Oracle IDC Bangalore? If yes, then which teams got affected with this.
I wonder the rate at which Oracle is firing people , who will going to work for the existing products. Moreover , the panic situation that the company has created is just letting everyone to quit existing motivation towards work . This is hell... read more
Too many laid-ff today in Hyderabad , three in my team . As usual no logic here , junior DEV joined 9 months back after 6 months of recruitment drive is sacked . Hearing Directors also laid-off in other teams .
2 months + 1 month notice period + one month pay for each year of service + leaves. No cap on maximum pay. 1 year 7 months is counted as 2 years. 1 year 5 months is counted as 1 year.
Anyone has a recommendation?
All, Can anyone help me on following. What is the severance package for laid off workers, particularly in USA. How long will they be in pay roll. Also, can anyone tell me what is the bonus planned for OCI employees for May (if you know this already).
When can we expect IDC layoffs next ? This week ? Which teams are more prone for layoffs in IDC?
What a bunch of overpaid losers LE has hired for OCI - it’s almost funny to watch them take him to the cleaners. They cost a F:ing boatload, generate virtually no revenues and produce useless garbage. Oh, LE it serves you so right to get so royally... read more
Esp Java Cloud service, App Container Cloud, Dev Cloud service, Content Cloud, Mobile Cloud, etc. Are products safe? Will they be merged with OCI?
Only two sites in CA got 60 days warn notice. Everywhere else got canned with immediate effect. Why? Oracle is a name of danger and cry. All the folks should leave and show 3 id--ts a lesson.
PERFs? What can we expect?
Here's the real truth from inside, as a person that was involved in it from a high level (VP level), and can tell you straight up. The goal was a 20-30% reduction, spread across RIFs and PERFs. This was spread about in late January, and hit most... read more
These are not emotional decisions. The company is paying you for a reason. You are working for the company for a reason. If the reasons don’t hold good in either direction, it’s time to move on. This is not a ‘till death do us part’ kind of a... read more
I am a new hire why they RIFed other and kept me.
Do RSU vest for riffed employees?
Someone knows if they plan to do layoffs in EMEA ?
I spent 20 years with Sun/Oracle. When the hammer came down they called all engineering staff into the board room and we were told at 9:05 am. “Your jobs as you know then no longer exist”. We were then given our paperwork. Told to be at an hr... read more
In case of Layoff in a team, What positions are majorly laid off? Have you witnessed any campus hire getting laid off?
Many OCI colleagues were shown the door last week, soon after DJ sent a ridicolous mail saying how great and shiny we are, and that we are the future of Oracle Corp. Overall, looking at Aria, more than 500 people got rifed. Have heard from my manager... read more
Now that they cut even more people from our team, I'm just wondering who'll do all the work they still expect to be done. Do they think we're going to pick up even more responsibilities with no extra pay? Will we be expected to now do the work of... read more
As Monday comes anxiety and stress are growing, at least in my case. I would feel a little better if I know are they planning layoffs this week and is there any word on when will they be performing them, more precisely. So, Anything rumored about... read more
Wanted to know the layoff criteria behind 03/21, How does the individual engineers selected from the teams ? I already know the poor performances guys are still there and higher (above) performance guys laid off...