I've been with my org since before the pandemic. We were converted to full remote workers at the start of the pandemic. I am finding people on my team are calling in sick once a week often leaving other colleagues attend meetings for them etc... — read more
Why Oracle Cerner’s layoffs didn’t trigger a WARN filing
How does Oracle layoffs mostly go unreported while other corporations are picked up by the news media almost immediately? The Kansas City Business Journal reports "A number of Oracle Cerner employees posted about the layoffs on social media. Even... — read more
Is Oracle 131B Dollars in Debt?
Looking at the latest Q3 2023 financials it says under the LIABILITIES AND STOCKHOLDERS' DEFICIT section: Current Liabilities (debt that has a maturity under 12 months): 22.8B Non-Current Liabilities (debt maturity over 12 months): 110.6B Total... — read more
Do people pass messages to each other on this board?
It looks like "Kings Way" is clearly "The Way". But, not at all sure what Kings Way is. See, here is Kings Way... Looking forward truth revealed. The lies stealing & cheating need to be revealed as well as. Follow the money. During layoffs... — read more
Did Oracle ever have job security?
I’ve been here for a little over two years and in all that time I have been worried about layoffs. I can’t believe that it was always like this. I can’t imagine spending ten or more years at a company and constantly having to worry about my job. When... — read more
https://www.businessinsider.com/tech-layoffs-allow-workers-learn-how-to-unionize-2023-3 Layoffs inspire interest in unionizing. Google’s layoffs did two things, my teammate Paayal Zaveri writes. They shattered the utopian illusion of working at a... — read more
Are you guys not sick of so many all hands ?
I don’t think I have time to work due to these stupid meetings.
Why are the OHAI Layoffs Super Secret?
Is it normal for companies to keep layoffs so secret? Can't find solid numbers anywhere.
Oracle Cerner appears to have started another round of job cuts
Oracle Cerner has started another round of layoffs that appears to be part of a restructuring plan Oracle Corp. approved in fiscal year 2022 to bolster operational efficiencies after its acquisitions, including Cerner Corp., according to SEC... — read more
Layoffs today for Oracle Cerner
Unsure of numbers but rumors 10% of Oracle Cerner laid off today.
Expecting more layoffs to come
Well expected results for Q3. Oracle's operating expenses were so high and I expected Oracle to play down with restructuring. Oracle also handles litigation, acquisition expenses as part of its restructuring in addition to layoffs. This Quarter... — read more
They’re watching you
You never know what the management will do next. They are watching your every move. Looking towards the next round of layoffs. You can’t trust anyone these days. It’s hard to tell whose in and whose out.
Oracle returns its employees to office
All employees got an email today titled "Update to Oracle Work Policies"
Oracle is destined to fail
We have a management that is scared of trying anything new. This has become a place where modern ideas and proposals go to die. We're stuck in the past while everybody else is moving forward. Instead of offering a better product, we're bullying our... — read more
For you my dear Ex
Once a leader of our team, Now the bearer of bad news it seems. Your actions have caused pain and strife, Yet we must move on with life. You may have thought it was best, To let go of a valuable asset. But know that your decision had an impact, On... — read more
Do you think we’ll have more despite last year’s gutting? With JM being so cheap, it seems like he will be planning for more. SC and LJE have to be in his ear…
Which GBU are restructuring?
I’ve heard a few of the global business units (GBUs) under Sicilia are restructuring. Does anyone have any insight? This is all from the rumor mill
Monday morning meetings
Anyone else have an uncharacteristic mtg. scheduled Monday morning?
Any news about Romania?
Hi all, I just wanted to ask if there is any specific news for Romania, regarding: Remote roles (what is on the table for us, if this is country-specific by any chance, or is something just for a few people, or is it at department level regardless of... — read more
How is Oracle services doing ?
From Sec report, we see that Oracle services is doing poorly. Income is 1376 where as expenses is 1215. Not sure if the numbers are adjusted for stakeholders. Who leads this org? and were there any layoffs earlier on this ?. Seeing this as more... — read more
$342 million of severance in the next 3 months
Latest SEC filing: https://d18rn0p25nwr6d.cloudfront.net/CIK-0001341439/35a1d4a1-31e7-4358-99d3-c2d0a981e4a5.pdf From page 18: $342 million of restructuring costs (employee severance) in the next 3 months . $224 million in Cloud and license. $7... — read more
The first Tuesday in Q4
We can all breath a little easier by about noon on the 7th.
Read the 8-k and it looks like there were $359 million in restructuring costs so far in FY23 which includes $78 million in Q3. Didn’t see a mention of forward looking restructuring costs but if we go off of past filings, there is still a significant... — read more
Wow it’s quiet out here
Companies can't enforce silence for severance pay, Labor Board rules
“Companies can no longer offer severance agreements that prevent employees from making disparaging remarks about their former employer, the National Labor Relations Board ruled Tuesday. The big picture: The federal agency said these agreements... — read more
Oracle JAPAC Good Salary Increases
Just saying... And some solid RSUs...
Salesforce CEO asks if Silicon Valley should unleash its inner Elon Musk
We all know that LJE is the original Musk, cutting people with no regard for life. It sounds like LJE’s former protege Marc Benioff—whom the Oracle founder himself encouraged to start Salesforce—is coming around to be LJE Jr. Benioff is learning... — read more
A proposition to the admin
Dear admin, Shall we frown upon posts that reference a specific date for RIF’s with ZERO clarification? Sincerely, The concerned majority
Tuesday February 14th.
When they say I love you in their own unique way, just like they said Merry Christmas.
Oracle seems to be a follower more than ever, now
Google & others announe cutting higher salaries - and it's like uhhh you mean we can do that? It's like they are so out of touch they forget who pays the bills. The habit of laying off employees is all they seem to know. The rest of the world knows... — read more
Any big layoffs in Q4?
Are there going to be any big layoffs in Q4?
Q3 Earnings Predictions
Oracle earnings coming up soon. Will there be a hit or a miss on revenue and profit? How much more money is left over to cut employees? How is Oracle handling Cerner and the VA boondoggle? How is SC and her spreadsheets approaching the... — read more
What do people think about OCI’s Leo L. ?
Just curious. Marketing genius or another useless and title-inflated VP?
Oh I see...
My management was so odd, so strange. I didn't quite get everything they were doing. But, I see it more clearly now. The run-on sentences followed by the DO NOTHING command tone. It worked, sort of, but it always looked a bit odd to me, and I was... — read more
IC Subordination Nightmare approaches once again
subordination noun The act of subordinating, subjecting, or placing in a lower order, rank, or position, or in proper degrees of rank; also, the state of being subordinate or inferior; inferiority of rank or dignity. So here we are once... — read more
What level is IC4 (non developer)
I got an offer for IC4 in ops. Any details I’ve found about this level is IC4 in engineering. Can anyone explain more about this level? Is it considered senior-level in Oracle? Mid-level manager? Entry with experience? Typical salary range would be... — read more
What Happened to JM Revenue Ops Re-Org?
Asked by someone in the comment and wanted to start a thread. Based on what I see on LinkedIn, it seems very disorganized still. And while JM is not AK spending money on Red Bull Racing and quoting “Who Moved My Cheese,” I imagine morale is still... — read more