Thread regarding Oracle Corp. layoffs

MH is notorious for ramping up then laying off. I would not hire on at Oracle thinking long term.

Regardless of business unit or product line. The strategy is cost reduction and only VP level knows final plan. Manager is unlikely to know what's coming regardless of hiring. Enter at your own risk.

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Post ID: @OP+KjRbyFM

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Strength of the dollar comes into play also when exporting products to China and India. A lot to gain by moving more work. More and more suppliers will be in China as well.

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Post ID: @sif+KjRbyFM

They kept a group on for 6 mo to transfer the product to India. That's how they do it. Saving tons on salaries. They can hire 10 India Masters and Phd for price of couple US.

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Post ID: @pmr+KjRbyFM

Watch out this was just the beginning

http://www.eetimes.com/document.asp?doc_id=1320623

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Post ID: @qij+KjRbyFM

Which group is that ?

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Post ID: @ktg+KjRbyFM

Agree. My group got RIF highly profitable area theres no rationale to cost cutting. Whole teams axed.

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Post ID: @eyq+KjRbyFM

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