Thread regarding Oracle Corp. layoffs

Post from TheLayoff.com

Thanks HR, your input is always valuable. You've done your job, now piss off.

Man. Been reading the comments here and these are definitely people with internal exp cause man it rings so true and for once I don’t feel alone. These states are 10000000% true...

Ain't this the truth. 10 years of reviews consisting of 4's and 5's, always considered a top performer, did work well outside my job specifics (not that i minded, it was almost always interesting work) and guess what? I was whacked. Why? The dollars. It always comes down to the ****ing dollars.

All of those issues spring from BAD MANAGEMENT. If you are not ensuring that people are trained, motivated and given responsibility, if YOU have presided over an org that uses “layers of unnecessary business process types” that result in a bureaucracy, that is a MANAGEMENT problem. If you think of employees as drones who should just sh– up and work harder, who should neither expect or receive respect, that’s a MANAGEMENT PROBLEM.

Oracle has suffered from inept and absent management for at least a decade. The era of SC and the dead guy did a lot of damage.

ONCE YOU GET OUT OF THERE and into a decent company, it becomes obvious.

More coming every 2 weeks , redundant roles will be gone

Well, Oracle IT has just gone through a major rif for the US on the 18th. The 20th was EMEA and Latin America is getting pommeled today. The reductions are expected to be around 70%. Everything is cloud driven now. Remember that there are 2 types of people at a company. One who brings in the money (sales) and one who spends the money (expense...everyone else) Sales does go through reductions from time to time. But not on the scale that WE in IT have endured. Oracle's biggest reputation is that it does not give out raises. So don't expect one. We had unlimited sick time and now unlimited vacation, the benefits are excellent. Oracle is a good reference on our resume. They will teach you great sales skills. Run with it. Your not in IT... so don't worry about what you can't control. But if they ever give you and your entire org the "day off"... they are going to lay you off. They did that twice now. Once in China...Then on the 14th of Aug to all of IT and then on the 18th, cut the herd.

into a decent company

In my experience those are very hard to find, and if you do find one, it doesn't stay that way. There's a reason why Dilbert is so popular.

For the comment from another that said "perform well, know your leaders and have them know you, and you will be successful." , This is not true.

Ain't this the truth. 10 years of reviews consisting of 4's and 5's, always considered a top performer, did work well outside my job specifics (not that i minded, it was almost always interesting work) and guess what? I was whacked. Why? The dollars. It always comes down to the ****ing dollars.

“very few critical employees laid off. Lots of people that had been hiding out for years doing nothing, those with outdated skills, layers of unnecessary business process types that roadblocked progress with bureaucracy, and some really bad managers.”

All of those issues spring from BAD MANAGEMENT. If you are not ensuring that people are trained, motivated and given responsibility, if YOU have presided over an org that uses “layers of unnecessary business process types” that result in a bureaucracy, that is a MANAGEMENT problem. If you think of employees as drones who should just sh– up and work harder, who should neither expect or receive respect, that’s a MANAGEMENT PROBLEM.

Oracle has suffered from inept and absent management for at least a decade. The era of SC and the dead guy did a lot of damage.

ONCE YOU GET OUT OF THERE and into a decent company, it becomes obvious.

"They just laid off half of internal IT support. Lots of critical employees. "

Having first hand knowledge of this RIF I would say there were very few critical employees laid off. Lots of people that had been hiding out for years doing nothing, those with outdated skills, layers of unnecessary business process types that roadblocked progress with bureaucracy, and some really bad managers. I'm sure the occasional critical employee might have been caught in this process due to their location or group, but they are the exception to the rule. All this from a decade of organizational neglect and poor management under MS & CR.

For the comment from another that said "perform well, know your leaders and have them know you, and you will be successful." , This is not true.

A lot of us had great reviews every year for 10+years, worked well with upper management and it did not good.

Do not give false hope to others. You should not make statements that you have no way of knowing 100%.

@2dvf. One of the new writers on staff.

Bare in mind most people posting here come to this page because of negative experiences. All big companies have RIFs, layoffs, etc. perform well, know your leaders and have them know you, and you will be successful.

The notion that only more senior/experienced employees have been RIFed recently is way off. We must have hired about 200 “class-of” (recently out of college) employees into pre sales roles 3 or 4 years ago. Of those, I would be surprised if even 50 are left. There was a big RIF a month ago where they were hit hard, though that was not the first time. Re HCM-specific roles, I recall at least a couple of RIFs in the last 5 years where some HCM and other fusion-apps specialists were impacted.

Of course this may or may not happen to you, but always watch your back and never, ever get too comfortable.

OCI has been hit this week in US, UK and India

It's a sinking ship, but jump on!

They just laid off half of internal IT support. Lots of critical employees.

Jump on! More room now...

HA HA HA
YEAH RIGHT

Omg I’m SO glad I’m not you. You have no idea...

I have to use my personal computer to post this, I don't know why this website blocks my comments. EX-oracler here. Just some q/a list:
1) Will there be lay-off(s). Yes, any org. Oracle use lay-off instead of PIP, I don't know why, it is just stupid. lay-off should not be based on performance, and yes, it was not based on performance but based on your boss.
2) Will there be a salary adjustment. Yes, there will be. But most of us were really behind the job market except you work for OCI or you are the super star in the team. It sounds fair, but again, your boss is the king.
3) Will there be RSU. Yes, depends on your team and your boss. Again, your boss.
4) What is the culture like? Depends on your boss.

So, you got it right? If you like your boss and your project, come on jump on the ship. Otherwise, you boss will fk you up maybe not today, not this year, but your next 10 years will be behind other people. Because only 2 types of people survive, 1 work hard ask less, 1 kiss your boss's a–.

Here is what I observed during my tenure there and from my friends.
~ random layoffs occur in every department including HCM cloud. Mostly frequently in Sales, CSM etc but these days its widely seen in the support as well.
~ mostly decided based on org level and each mgr need to pick few employees. U will in/out depends on how and where u stand with in your team.

Stability in tech job is not a norm thesedays, so dont worry much and deal as it comes.

Don't be bothered by comments from ex-employees (although I'm also one of them). HCM is one of the core areas where the growth is from, like 30-40% last year. All the cuts are from either non-business or marginal products. Oracle is probably not at its best moment mostly because the life had been too comfortable for too long. That also includes everyone here who slept through their working hours and enjoyed their time there.

Thanks for the responses where you literally didn't answer a single one of my questions. Appreciate it.

Welcome to the big O world. Dont except any raise or bonuses for next 10 years. What you have at the time of joining will remain even after 10 yrs. Offcourse if u survive :)

haha, good luck