Thread regarding Oracle Corp. layoffs

June 17 layoffs?

True or false?

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Post ID: @OP+15u9lxLX

28 replies (most recent on top)

HGBU and FBGBU support and consulting in North America.

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Post ID: @2cqv+15u9lxLX
Is there any way to find out if 50 or more people were let go in any one office? If so, then the WARN act kicks in

I think that's only true in California. The Federal WARN trigger number is much higher.

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Post ID: @2zew+15u9lxLX

Is there any way to find out if 50 or more people were let go in any one office? If so, then the WARN act kicks in

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Post ID: @2jui+15u9lxLX

Any idea how many members got affected for omcs/ACS.

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Post ID: @2afi+15u9lxLX

On Tuesday June 16, an email was sent to 12 employees in the Markham, Ontario, Canada office, for a meeting which take place on Wednesday with manager in the US, all were let go, including myself.
The decision was unfortunate, but the timing is fatal, i don't think the economy will get better soon.

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Post ID: @2npr+15u9lxLX

If you made it through this first phase get prepared for at least 1-2 more rounds.

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Post ID: @2mdh+15u9lxLX

Let go after 14 years with Oracle. Marketing org. Many people were affected today. This is just the beginning.. more likely to come.
Severance is what others have said. 4 weeks for the first year, with one week for each subsequent year.

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Post ID: @2bhe+15u9lxLX

True. 50 Employees lost today in our Org.

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Post ID: @1yud+15u9lxLX

Yes, just got the call after 21 years OMCS/ACS.

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Post ID: @1hgr+15u9lxLX

Good luck to everyone. In future I would be interested to hear what the job market is for those that will be looking in this covid economy.

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Post ID: @1vec+15u9lxLX

OCI impacted? which teams?

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Post ID: @1anp+15u9lxLX

Work in the GBU, one month for your first year, one week for every subsequent year. Access to the portal until 6/30, insurance ends then too.

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Post ID: @1qnh+15u9lxLX

So sorry to those who have been impacted. As this could be any of us at any time, it would be good to know what the severance package is looking like, for what if planning. Any details that could be shared would be appreciated!

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Post ID: @1xeo+15u9lxLX

Got layoff notice. OCI

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Post ID: @1deg+15u9lxLX

True, GBUs reporting layoff

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Post ID: @1pbl+15u9lxLX

So sorry to hear that 25+ ACS.. that is terrible. Stay Strong

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Post ID: @1bsq+15u9lxLX

just got my RIF phone call, 25+ years, ACS

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Post ID: @1kkn+15u9lxLX

@1eoa+15u9lxLX

Any more details? What org?

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Post ID: @1crm+15u9lxLX

Yes , they are happening today

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Post ID: @1eoa+15u9lxLX

You should be very worried.

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Post ID: @dyk+15u9lxLX

Yes

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Post ID: @cwg+15u9lxLX

True for US

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Post ID: @hib+15u9lxLX

Due to the pandemic, they may delay layoffs process to keep poker face.

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Post ID: @lpr+15u9lxLX

True it's happening, no clue on last day or package details.

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Post ID: @jyo+15u9lxLX

False....historically, all the previous years layoffs come on June 1 or 2 . If they aint happened by then it means u r safe until Q2.

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Post ID: @nvh+15u9lxLX

TRUE for US. Notification emails will be sent tomorrow, June 17. With last “official” day end of June.

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Post ID: @hzq+15u9lxLX

Depends where you are located but I thought it was usually on Thursdays.

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Post ID: @jip+15u9lxLX

Just to know how worried I should be ahead of tomorrow.

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Post ID: @vbf+15u9lxLX

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