Thread regarding Oracle Corp. layoffs

So why all the retention focal raises and RSUs

...when they're just going to come right back at us with even worse layoffs than last month?! Sounds like a ream.

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Post ID: @OP+1iPPWyTY

12 replies (most recent on top)

β€œ MS stated on his call that over 60% of the employees got one β€œ

So 40% are left out in the cold.

Want to know if you are on the list to be right sized? There is your answer.

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Post ID: @8dfq+1iPPWyTY
So why all the retention focal raises and RSUs

because they want you to stick around for the next round of firings

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Post ID: @7gni+1iPPWyTY

I think that dioshit was talking about rewards. Meaning 60% got a reward. That may have been a $100 spot reward but β€œit counts.” All optics.

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Post ID: @7irq+1iPPWyTY
ALL the focal raises? Where was mine?

Is it possible that you are a poor performer who does not warrant RSUs or a raise? Where do you fall in your team's stack ranking?

Nothing personal. Just asking.

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Post ID: @7ffp+1iPPWyTY

ALL the focal raises? Where was mine?
MS stated on his call that over 60% of the employees got one, so that could mean as many as 39.9% did not get one.
Sure differs from what SM stated in his all hands, where he sounded like everybody was going to get something, since they heard our concerns about the raging inflation.

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Post ID: @7wtn+1iPPWyTY

It's their attempt at keeping you warm before they ax you. Just "money", and nothing else.

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Post ID: @5gdt+1iPPWyTY

Never could have thought VPs at O could have the smarts to play the RSU funny money game. RSUs are a mirage In OASIS that were handed out to gain time to plan the next layoff wave.

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Post ID: @4ljb+1iPPWyTY

Juz gotten my rsu. Does it mean I'm safe.

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Post ID: @2wkx+1iPPWyTY

You will be laid before this RSUs get a chance to exercise. Imagine the morale of all the employees after that.

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Post ID: @1wkl+1iPPWyTY

"Sounds like a ream."

It is a ream and you are going to get reamed so if I were you I would run out and load up on Astroglide before it disappears from the shelves near your office.

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Post ID: @1rur+1iPPWyTY

If you are not yet impacted, it’s still business as usual. Someone running these numbers knows that there is a significant number of RSUs and focal that will never see the light of day (more than a typical year). It’s Monopoly money.

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Post ID: @1pff+1iPPWyTY

I think if you didn’t get one there’s your answer. That’s mine.

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Post ID: @1iif+1iPPWyTY

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