Thread regarding Oracle Corp. layoffs

Be Ready, Get Ready!

If expecting layoff be sure to remove personal files off as they don't give much time and my friend had to give hers back in 30 minutes. Also hr is not clear on this but you have 60 days to sign for cobra and oracle picks up the first month. It is not clear unless one calls hr. A lot who got laid off were old timers 45+ years and many were promoted or has great reviews . Not sure what the criteria is for lay off . Is it hr recommended people or just boss feels dispensable or work has moved offshore .

India team development is sub par and poor quality in most part . Severance check is not enough. Lot of middle management who do nothing are still around while lot of good people laid off ? Most good employees last few years left on their own and didn't wait for this day . Only ones with kids or want flexibility stayed ..

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Post ID: @OP+NzSOwBX

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When you guys see what happens in the next 6 months, you'll understand why this was done. The bubble since 2009 is over, nothing but debt fueled euphoria. Party is over, and Oracle's management knows it full well.

It is not the management who's clueless, it is the peons, the workers.

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Post ID: @ezp+NzSOwBX

Thanks for the heads up. Described me perfectly. Although I am remote and I have a day to honor Oracle and remove my personal information while protecting their PI. I think the biggest loss is the talent, intellect and loyalty. What a waste. Nature shows the value of proper balance between men and women, young and old in bell curve is the wisest way to grow and build a sustainable company. I would sell my Oracle stock like SC did but isn't it convenient that I also lost vesting in my RSU's today as well.

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Post ID: @qwu+NzSOwBX

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