Topics regarding layoffs at Oracle Corp.

Topics regarding layoffs at Oracle Corp.

Don't rely on severance too much

If you think you're going to make out like a bandit with a severance, think again. The severance gets taxed in a big way, so you'll have a lot less money for your expenses. Also, if you plan to use COBRA to extend your medical benefits, be ready to... —  read more 

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Post ID:  @OP+1iZsWUEe

How picky are you?

I am debating whether it is wiser to accept a lower paying job or to wait for the severance pay which I'm afraid won't be enough after all the taxes. Considering inflation and the fact that the labor market is not exactly an ideal situation... I am... —  read more 

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Post ID:  @OP+1iYszsMP

Friends

Not a layoff post, but let’s take a moment to keep our Florida friends and coworkers in our thoughts.

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Post ID:  @OP+1iXb9T4Z

RIF in EMEA has started

It was internally announced that the RIF in EMEA has now started. They have just informed 48 employees in Germany that they are "at risk". Majority of those jobs are in Marketing. It seems that Oracle is completely revamping it's marketing strategy... —  read more 

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Post ID:  @OP+1iWEmDZf

Larry/Safra Invite You to Lanai. You Can Tell Them Anything You Want. What Do You Share About Your Time at Oracle?

First, I thank them for the experience I had at the company. I thank them for the skills, opportunity, and honor to work on some very world-changing products. Then I look them in the eye and tell them that if it weren't for their employees, they... —  read more 

The purpose of surveys

It's a joke that they even send these surveys - they don't care, nor do they listen about concerns or criticism. At this point, they're trying to drive people out before they end up axing them anyways. There should be power in numbers, with everyone... —  read more 

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Post ID:  @OP+1iRSRX55

Shocking news, any idea

n a question-and-answer session during Oracle's last quarterly earnings webcast, Ellison noted that Oracle can save cloud users money and offer a better product than Amazon's AWS. He added: "We expect next quarter, we'll be announcing some brands and... —  read more 

Unclear pattern

It is totally unclear to me how Oracle decides who will be cut. What is the criterion? It seems that there are no rules because I know some excellent employees who got cut, but also some who really did not add any value. What interests me even more... —  read more 

Oracle Stockholm Syndrome

Theory: The longer you spend here, the harder it is for you to think about going elsewhere no matter how much they abused you and suckered you into the idea that the company was 'a family.' How you climb out from underneath, ex-employees?

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Post ID:  @OP+1iJdNpgW

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