Thread regarding Oracle Corp. layoffs

Global change coming …

Last Friday we had a call about a global transformation that is coming.

Are you ready to be re-org’d out the door?

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Post ID: @OP+1rAhjrB2

57 replies (most recent on top)

Global HQ is in Nashville TN. Most have not heard of it or couldn't find it on a map. Those are among the flushed out

DE is being groomed for Succession. He is a decent person.

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Post ID: @Bfbg+1rAhjrB2

There are other videos should they be needed. There is a surveillance system on the property.

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Post ID: @qvcs+1rAhjrB2
What video?

The video of the west end of our house. Taken from a motorized paraglider that LE was in. Reconnaissance.

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Post ID: @qzhf+1rAhjrB2
I'm soooooooo ready, bro! As long as it is a door and not a window, I am good!

He’s setting you up.

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Post ID: @quan+1rAhjrB2

COBOL is the only constant. It is an ever-lasting language that will never leave legacy systems. I wish I knew more COBOL, job security there.

I knew someone once who would kid me about having to work with a COBOL copy book; the only thing I ever knew about COBOL.

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Post ID: @pvks+1rAhjrB2
He didn’t make that video for no reason.

What video?

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Post ID: @odqt+1rAhjrB2

I'm soooooooo ready, bro! As long as it is a door and not a window, I am good!

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Post ID: @ovom+1rAhjrB2

Change is the only constant.
It will be interesting to see how things unfold. The top two should want to retire & enjoy their money. LE is not going to live forever. No one does. Oracle still has much life left. A succession plan would have to be in place. I think they will reorg mgmt before they leave. He didn’t make that video for no reason.

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Post ID: @onag+1rAhjrB2

There were 2 Global Transformation calls within NACI involving several Sales-related groups. The reason there was this kind of early warning activity is that some of the groups were reshuffled and put into different orgs under different managers right away. In other words the reshuffling happened now instead of waiting until June 1. I didn't notice any layoffs but some of the moves seemed liked demotions and a coupld of apparent promotions.

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Post ID: @mqmd+1rAhjrB2

Re: . It's also being discussed to cut the # of VP's to 1:200(reporting) and director level 1:80-90 (reporting)

They need to take a look at the true cost benefit of each person in mgmt. If you don’t understand how to find true actual then, you don’t need to be in mgmt. Find out who lies. steals & cheats.

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Post ID: @jddw+1rAhjrB2
shock of your life over the next couple years!

Haha, very funny.

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Post ID: @cytq+1rAhjrB2

"WTF are we supposed to do?"
Learn to relax your butt muscles?

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Post ID: @ctsu+1rAhjrB2

Because I always believe a ludicrously large number thrown out by some rando on a message board! :-D

But as to how to survive if it does happen to you, try NOT having a mortgage or car payment, to start with! Successfully reaching your destination is a requirement, getting there in an Audi or Range Rover is not!

And if you can't find the job you want, take a job (or two) that pays the bills!

I laugh outlandishly at the people who have had such a cushy life for so long. If you think the worst thing that can happen is extended downtime from a layoff, believe me, you are in for the shock of your life over the next couple years!

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Post ID: @bmem+1rAhjrB2

out of thin air. people need to be careful when mentioning these numbers. it only causes stress and fear.

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Post ID: @bzpk+1rAhjrB2

'''Regarding the OCI RIF

Overall number is 20% reduction across the board.'''

Where does this number come from?

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Post ID: @bszm+1rAhjrB2

It’s the Oracle way. I’m sure LE doesn’t care.

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Post ID: @bdbe+1rAhjrB2
WTF are we supposed to do?

Think “calm”. With a little self-hypnosis you can attach the word and feeling to every breath in and out. Think “calm “. Forget about your money troubles.

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Post ID: @bgmf+1rAhjrB2
Re stack rank
Yes that way you will know how to play this. So you know how much leverage you have.

You must be kidding! We don't have "leverage" here. Period! A layoff of this size just means everyone is sc--wd! I have a car payment, rent payment, insurance payments, everything. And that horsesht "package" story, people here think that is like winning the lottery. It isn't! I know two people who got "packages" who ran out of money before they could find another job in this crp market. I can't believe how bad this suks! WTF are we supposed to do?

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Post ID: @bdbn+1rAhjrB2

Re stack rank

Yes that way you will know how to play this. So you know how much leverage you have.

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Post ID: @bgco+1rAhjrB2

Regarding the OCI RIF

Overall number is 20% reduction across the board. Find out where you landed in the last stack-rank and there's your answer. Good luck!

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Post ID: @bimd+1rAhjrB2

" We need to show even more profit! "

It was smoke and mirrors (again)

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Post ID: @9qvm+1rAhjrB2

Trying to figure what is going on at Oracle is like looking at COBOL through a distorted Prism and trying to find Solutions.

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Post ID: @9mvy+1rAhjrB2

Suppose it depends on where you work in the company and how many “hands” were on the “all hands” you mention. This could be widespread in your LOB but that doesn’t necessarily reflect an overall broader change. Like I said layoffs happen and some get hit more often than others.

Post from TheLayoff.com

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Post ID: @9hkr+1rAhjrB2

"What's the source of this. Is it across all OCI?'

Yes, across the board OCI.

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Post ID: @9zkf+1rAhjrB2

“ This same type of post comes around every year “

But how often do they have an all hands call to tell you it is coming?

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Post ID: @9sch+1rAhjrB2

Sigh. This same type of post comes around every year at this time. The sky isn’t falling. There is no mass conspiracy. Layoffs happen in this company and we can expect the usual amounts this year like every other.

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Post ID: @8kzh+1rAhjrB2

```
The rumor is that the cuts will be in Cloud Engineering, and OCI product areas where there is low to no demand. and possibly merge some OCI product groups. It's also being discussed to cut the # of VP's to 1:200(reporting) and director level 1:80-90 (reporting)```

What's the source of this. Is it across all OCI?

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Post ID: @6kxm+1rAhjrB2

There are followers of the marketing leadership.

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Post ID: @6zgm+1rAhjrB2

“Global change coming...
I heard that this change will allow the company to operate more effectively globally.”

Are you part of the marketing leadership, with such insights?

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Post ID: @6zms+1rAhjrB2
Global change coming...

I heard that this change will allow the company to operate more effectively globally.

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Post ID: @5xex+1rAhjrB2

The rumor is that the cuts will be in Cloud Engineering, and OCI product areas where there is low to no demand. and possibly merge some OCI product groups. It's also being discussed to cut the # of VP's to 1:200(reporting) and director level 1:80-90 (reporting)

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Post ID: @5rrr+1rAhjrB2

"any insight on which org? or just rumors without weight..."

I know!! sounds like people just sharing wild rumors without backup

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Post ID: @5ykz+1rAhjrB2

We are being told that Bonuses will be thin. Apparently we didn’t contribute to the Q3 performance, that was all AI!

And if you believe that, then you truly have artificial intelligence!

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Post ID: @5vqe+1rAhjrB2

Word is no raise again this year. We need to show even more profit!

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Post ID: @5ueh+1rAhjrB2

All!

It is a GLOBAL REORG, it is all up in the air.

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Post ID: @4smn+1rAhjrB2

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