Thread regarding Oracle Corp. layoffs

Oracle / 2016 Job Cuts Due to Technology Shift (Customer Switching to Cloud, Legacy Skills Demand Drop)

2016 Job Cuts Due to Technology Shift (Customer Switching to Cloud, Legacy Skills Demand Drop)

2016 Layoffs Predictions - Global Equities Research, Trip Chowdhry

  • Oracle: Global Employee Count 132,000: Layoffs: ~20% layoffs = ~26,000 workers to be laid off

  • Symantec: Global Employee Count: 19,000: Layoffs: ~15% layoffs = ~2,800 workers to be laid off

  • Yahoo!: Global Employee Count 12,500: Layoffs: ~30% layoffs = ~3,500 workers to be laid off

  • Yelp: Global Employee Count 3,671: Layoffs: ~30% layoffs = ~1,000 workers to be laid off

  • EMC: Global Employee Count: 70,000: Layoffs: ~ 15% to 20% layoffs = ~10,000 and 14,000 workers to be laid off

  • F5 Networks: Global Employee Count: 4,500: Layoffs: ~10% layoffs = ~450 workers to be laid off

  • HP Enterprise: Global Employee Count 240,000: Layoffs: ~ 30% layoffs = ~72,000 workers to be laid off

  • HP Inc: Global Employee Count 287,000: Layoffs: ~ 30% layoffs = ~86,000 workers to be laid off

  • IBM: Global Employee Count 379,000: Layoffs: ~25% layoffs = ~95,000 workers to be laid off

  • Juniper: Global Employee Count 8,800: Layoffs: ~15% layoffs = ~1,300 workers to be laid off

  • Microsoft: Global Employee Count 118,000: Layoffs: ~15% layoffs = ~18,000 workers to be laid off

  • Network Appliance: Global Employee Count: Layoffs: 12,800: ~15% layoffs= ~1,800 workers to be laid off

by Anonymous
| 25916 views | | 8 replies (last December 7, 2016)
Post ID: @OP+FFbUNu9
Comment! It's anonymous!

8 replies (most recent on top)

Wow, this was 10 months ago - spot on

by Anonymous
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Post ID: @54asb+FFbUNu9

I'm getting the axe tomorrow - I am not supposed to know but my manager isn't old school Oracle (still has a shell of a heart) and alerted me so I could get a jump on something else. I'm told they are cutting three positions but have read they do the cuts in twos and threes - thanks you worthless Dickskinners

by Mountainous region
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Post ID: @3lzqv+FFbUNu9

Worst of all , fired employee from VMware- Prasenjit Sarkar has been hired as a Director here in the UK, goodness gracious me, what on earth

by Anonymous
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Post ID: @2wftb+FFbUNu9

Brazil tec support has been closed on August, 2015.

Tech Support will only exist on Romania, India and US.

Poor customers... All experienced employees had been fired.

by Anonymous
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Post ID: @2wtjb+FFbUNu9

UK support staff was wiped out. only 1 left.

Swiss Java Team wiped out entirely.

major hits to support staff in France, Germany, Italy.

upper managemtn filling in with "warm body" new hires from Bulgaria, India, China, and Brazil

by Anonymous
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Post ID: @1kvby+FFbUNu9

I take issue with the above (Customer Switching to Cloud, Legacy Skills Demand Drop) as it should read: "Oracle Focus Switching to Cloud, Legacy Skill Engineers Moved to Support Cloud while Legacy Customers Suffer".

The overwhelming bulk of Oracles' business continues to be on-premise legacy customers who are frustrated that they are paying an enormous amount of money for support yet getting less for that money as experienced engineers leave or are re-assigned to Cloud leaving the inexperienced people to "work" their issues.

This is not new as it's been happening slowly for years here at Oracle and has accelerated over the past two years.

Frankly, the feeling among these experienced engineers is that they would welcome a layoff package (and the sooner the better) as the resulting shift has placed more and more work on them to fill the skills gap of the new hires.

Oracle is not (as it used to be) customer-focused anymore. Customer issues languish and request for non-critical bug patches take months to get.

Oracle management could really care less as they realize the customers aren't going to move away from Oracle so these (especially legacy) customers should just shut-up and "eat it" or go to Cloud (which is where Oracle wants you to go anyway).

What alternative does the customer have but to just "put up" with it? As many in Oracle management see it, customers are just "lotus eaters" anyway.

And on that note, customers are as much responsible for what is happening as is Oracle. The customers are allowing this to happen so they'll have to live with the result.

by Anonymous
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Post ID: @Vdmy+FFbUNu9

Oracle's 2015 10K filing provided information regarding anticipated expenditures in 2016 due to layoffs. If executed, it won't be pretty. I worked there for nearly a decade and was laid off late in 2015 - our team was relocated to India (I've since seen what the team there produced and it was not of good quality). Grateful for the nice severance package, though, and the opportunity to have worked with so many skilled people who deserve much more than the sad farce that is Oracle's senior management team.

by Been there
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Post ID: @7lty+FFbUNu9

Java group was decimated

by Anonymous
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Post ID: @6tpq+FFbUNu9

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