Thread regarding Oracle Corp. layoffs

OU headcount cut

We were told that the customer training and certification teams have been drastically reduced as well.
Don't know total headcount lost, sounds like all departments in OU have been hit.

We have always had a hard time working with their pricing as it is just so expensive and they just don't support their own stuff! Management in OU seems very haphazard and not customer friendly.

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Post ID: @OP+15vN9JNu

16 replies (most recent on top)

No one is getting Oracle training. Speaks volumes for Oracle's future.

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Post ID: @3xry+15vN9JNu
American students spend more than $200k for a college education

Only the ones who go to expensive private schools and pay full freight

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Post ID: @3qef+15vN9JNu

American students spend more than $200k for a college education and then they get replaced by Indian H1Bs: Welcome to the graduate class of 2020!

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Post ID: @3jsr+15vN9JNu

Who says that the front line mgrs even have a say in who you recruit or keep?

It’s SC pushing buttons on her spreadsheet, then issuing dictums.

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Post ID: @3umx+15vN9JNu

When I am asked to cut headcount in my group, I look for least performing folks and it doesnt matter if they are white , black, blue or brown. If somebody here thinks they were let go and somebody in H1B wasnt then it speaks a lot about that person. That means even after high cost to sponsor their visa, you(whining person) weren't worthy enough to be kept.

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Post ID: @3xcj+15vN9JNu

Do H1Bs get to keep their jobs while Americans got kicked out of Oracle?

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Post ID: @3aez+15vN9JNu

Wall Street loves layoffs news

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Post ID: @3rnh+15vN9JNu

Does anyone know the kind of layoff package Oracle is providing?

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Post ID: @2ohv+15vN9JNu
Stock is down 5.62%

It recovered most of that loss today.

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Post ID: @1mrh+15vN9JNu

No great loss.

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Post ID: @1umx+15vN9JNu

HGBU took a large hit. No stability with this company. Hospitality slashed . This is horrible. Vote for change

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Post ID: @1vhc+15vN9JNu

Times get tough, and cert and training is the first, or among the first, to go. Some things never change.

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Post ID: @1psg+15vN9JNu

I thought all of you ORCL cheerleaders said everything was going just super and they never, ever lay anyone off.

Stock is down 5.62%. Maybe they should have publicized these layoffs more. The street usually loves a good batch of layoffs for a temporary stock price pump.

Tick tock ...

https://www.marketwatch.com/story/oracle-stock-drops-as-analysts-debate-whether-new-product-sales-were-hurt-by-coronavirus-or-competitors-2020-06-17

Yeah, sure it was the virus.

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Post ID: @1szl+15vN9JNu

Approx 100 of those in North America OU. New Exec Mgmt in last 2 years has driven the business into the ground. OU was headed for drastic cuts long before COVID.

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Post ID: @1hcc+15vN9JNu

700 among the GBUs

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Post ID: @1pin+15vN9JNu

do you know how many people total at oracle have been laid off today?

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Post ID: @qof+15vN9JNu

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