Thread regarding Oracle Corp. layoffs

Anyone hearing rumors about layoffs in Oracle Real Estate and Facilities?

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Post ID: @OP+16ISyEzP

11 replies (most recent on top)

Cabling works, wifi device troubleshooting, printer reconfigurations are very minimum too. might not have enough work for one full time role.

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Post ID: @ngfm+16ISyEzP

If the last field engineer is tasked to some offices or hubs, will there be enough work to justify a full time role?

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Post ID: @nrbl+16ISyEzP

Probably after they are done closing offices, converting the employees to permanent teleworkers. The remaining IT staffs are being tasked to some offices.. and all the DC and hubs.

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Post ID: @jhla+16ISyEzP

Btw, OCI lay-off majority oracle IT field engineers. Only one engineer left from a team of 3 of that site. If the last engineer goes, will real estate team become the site friend for all field works, like check cabling, fix printers, reception phone and etc...?

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Post ID: @jtyr+16ISyEzP

So where will existing employees work?

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Post ID: @joqi+16ISyEzP

So where will oracle relocate employees?

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Post ID: @jksv+16ISyEzP

Yes, with all the leased sites closing, assume layoffs.

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Post ID: @1zhq+16ISyEzP

They've been fixing up ADC for the past year, I'm sure they will find a buyer or have one lined up already. They still have 3 - 4 orgs there with varying foot prints, being migrated to cloud over the next year.

Now what about that fancy downtown campus?

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Post ID: @1hpn+16ISyEzP

Good to know that the exec team is working hard to deliver “shareholder value”.

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Post ID: @han+16ISyEzP

I heard ADC was going to be shutdown very soon.

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Post ID: @zmc+16ISyEzP

Yes. The pandemic has resulted in a drastically reduced need for real estate assets and a consolidation/reduction in “footprint” is the only rational response. Expect massive actions this quarter and next. This was expected, makes sense, and is the right thing to do for the shareholders.

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Post ID: @fqj+16ISyEzP

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