Thread regarding Oracle Corp. layoffs

Anything happened?

We’ll it’s June 1st. Anything happening?

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Post ID: @OP+1h1Icc43

10 replies (most recent on top)

good to hear.
hope change is embraced and promoted younger, smarter and browner

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Post ID: @2fzk+1h1Icc43

I personally know of only one person who left Oracle, but I also know six people who received promotions, so nets to a positive in my books.

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Post ID: @2knh+1h1Icc43

In sales, a few of the more niche orgs got 'demoted' to more entry-level business development teams. Customer to Cloud (C2C) was dissolved, compete, greenfield, apps progression, and (I believe) cloud trials. No-one got fired though. Just reorg nonsense.

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Post ID: @1sxi+1h1Icc43

Usually on a Monday.

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Post ID: @1gcg+1h1Icc43

probably big layoffs cause of Cerner purchase. Redundancy all over the place

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Post ID: @1ffy+1h1Icc43

This is best news & makes sense. Get rid top heavy waste. Hope it’s true

They are consolidating multiple areas (3) into one management stream. You know that will lead to redundancy. Not day one, but next quarter. The good news should be that those to go will be VP’s, managers and administrative overhead (read chief of staff et al.)

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Post ID: @1cuq+1h1Icc43

They are consolidating multiple areas (3) into one management stream. You know that will lead to redundancy. Not day one, but next quarter. The good news should be that those to go will be VP’s, managers and administrative overhead (read chief of staff et al.)

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Post ID: @1boe+1h1Icc43

FY23 starts today. The company disclosed they will spend over $220M this fiscal year. That does not mean today June 1, it means anytime between now and 5/31/23.

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Post ID: @1ppr+1h1Icc43

IF, a big IF, this is a deliberate false alarm, then I am disappointed at the people who post such messages, as it's cruel to people still in the company, who are choosing to stay put even in the face of bad management. We have enough causes for anxiety these days -- being lied to by deceptive people is no bueno.

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Post ID: @wsm+1h1Icc43

Nope, so far in my areas it's been quiet. Maybe Friday then perhaps?

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Post ID: @baa+1h1Icc43

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