You're manager should have already given you a heads up, if not and you're in systems or HW, the plan is to lay you off by months end. If you worked for JF, you're part of staggered layoffs for the next month plus, start applying elsewhere. Even if you're told you're safe today, you won't be next week.
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This is true, many of HW sales and SCs I know are doing interviews to get off from the sinking ship.
Fowler leaves. There goes the HW. He held the last nail. Next SW on-prem.
Fowler leaves. There goes the HW. He held the last nail. Next SW on-prem.
SW Onprem sales is the next target. Countdown started. Jan 2018 first batch.
A finite group in Mgmt is in "the know."
As such, any leakers will be reticent to post here. If it's limited to hardware division, then that's a pretty clear and finite list of people ...hence the silence.
I heard a kind manager near to us in SCA office hinted his direct reports to start looking outside.
Given that doomsday is allegedly 3-4 weeks from now, they sure are keeping a tight lid on this. Unlike last time, no one that I know of has been told that they are "safe", or if they have, they are keeping it to themselves. Heck, a senior principal engineer I know is looking outside. If he isn't "safe", then I don't know who is.
Given that this would be the second Solaris layoff this year, I can't think of a good reason for staying on, unless you have the seniority to get the huge severance pkg and you stay on to get it in the next RIF, say in Q1 next year, which is probably a given. One thing I do know, there is ageism in the industry and if you are older than 50 (or even 40) that you might want to start looking for that new job now, because while the kids can find a new job in just a few weeks, it might take you longer, a lot longer.
OK everyone, let's just chillax, and have some peanut butter,
Lovers quarrel aside --- can you please tell us what SVP or LOB is sharing this inforomation so your comments are useful. Thank you in advance.
1hhq: stop assuming everyone has a spouse and/ or live in the Bay Area. Thanks.
What Oracle is doing now is what should have been done when they bought SUN in 2005.
Oracle didn't buy SUN in 2005, you're in the wrong decade! And if O actually had a solid business plan for SUN's HW business when the took over, maybe things would have been different.
Which SVP is confirming September?
Correct. However WARN limit is 50 per site. WFH/Flex employees don't have to be included in the WARN count.So they can still layoff considerable employees without triggering WARN, however from employees perspective WARN or no WARN doesn't really matter except for that extra 60 days of insurance. Most of us when get RIF'ed are likely gonna switch to our spouse's insurance( Assuming everyone's spouse works, how else can you really afford to live in bay area with just the salary Oracle pays?) . Anyways my mgmt has confirmed that SPARC/Solaris layoffs will happen either 1st or 2nd week of Sept
I think they have to give WARN at least in CA because limit is only 50. Also, they have to wait 30 days since last layoff ie Aug 3 because those people didn't get WARN. Am I wrong?
Looks like troll.
Probably someone need experienced hardware team for free and this is one way how to get lot of engineers.
Peanut butter is good. What do you have against peanut butter ?
"They do not check that you've found a job in those two months so you get your severance. "
I suppose that would work if you could start the new job, not show up for work and not resign. Of course, in many cases managers will turn a blind eye to that.
Engineers making 150-200k+ Total comp aren't going to be eating peanut butter. You're an idiot.
If you are in HW, just leave and be done with it. It's just a matter of time before O is out of HW development business (ie even though shipments of existing products can continue for many years, right?). If not this year then next. If you are an engineer, your key consideration should be what the job market will be going forward. If your are RIFed in a bad job market, you may be on peanut butter for a long time !
What Oracle is doing now is what should have been done when they bought SUN in 2005. There are a lot of ex-Sun making lots of $$$. It's not a surprise, it's been a nice ride. Thank you Oracle for the free paychecks the past few years.
Thanks for your great insight. Please let us know your name so we can look you up on Aria and get your email address, that way when the layoffs "don't happen" we can all send you an appreciation email.
Comments like yours don't do anything but adding credibility to the rumors.
If in doubt then please contact your HR representative with ref no. HR/LO/711.
Are you THAT stupid? No, seriously, are you?
Please stop with all the FUD being spread on here. There are NO layoffs going on at Oracle at this time and I should know. None of the people on here sound like real Oracle employees so please don't be lead astray by the lies being posted. As a reminder it's illegal to post Oracle Confidential info, per your employee contract. If in doubt then please contact your HR representative with ref no. HR/LO/711.
@OHT7Ptc-zed I know of at least one !!
someone has to fix bugs
No, Oracle abandons it's customers all the time. The Lifetime Support Policy is a work of pure fiction. Do you know how many legacy products that are still in "premier support" there are that we don't have a SINGLE engineer left to fix stuff for?
They do not check that you've found a job in those two months so you get your severance. Stop making this more complicated than it is.
I don't think they will fire everyone in Systems, someone has to fix bugs, But it is likely to be brutal.
Downside of WARN is that if you find another job during the 60 day window, you don't get severance.
Who cares. You're only talking about 2 months of medical between warn and non.
After reading the WARN guidance for employers, I believe O can layoff 50-499 employees at a single site without WARN notice if that number is less than 33% of the employees at that site. So at sites that host hardware teams along with other business, possibly as many as 499 employees could be impacted without WARN notice depending on the composition of the work force at that site.
You say "Don't jump to conclusion" [sic]. What do you think every one of these threads are? Conclusions about something that hasn't happened.
"YOU DUMB" says the moron who doesn't even grasp basic grammar. Good thing you're in a field that accepts lack of English skills huh?
There is a pro-oracle guys in this finally. Oracle will dump you as well. It is only a matter of time their corporate culture will hit you. Don't jump to conclusion. They are careful not to aggregate in 90 days if that is the rule. They have paid lawyers. YOU DUMB
The WARN aggregation period for an action like this is 90 days not 30, so if you think they're getting rid of small amounts every month to avoid WARN you're wrong.
Not one of these postings has any credibility. All a bunch of FUD. But if you're so worked up about it, go find another job. Oracle obviously would dump you without a second thought, so why would you not take the initiative?
@OHT7Ptc-vgi WARN is triggered if ORCL lay offs more than 50 employees at one site. As an example laying off 49 in SCA & 100 in BRM will not trigger California WARN. If I recall correctly, the layoff count in SCA on Aug 4 was 41 or 42. The goal of circumventing the WARN is to avoid making layoffs public which will impact existing or pipeline deals of HW sales or whatever that might be
Does this include Solaris ? Not just sparc? I assume yes.
@OHT7Ptc-rpx. Could you please elaborate on how ORCL plans to layoff 800-1000 employees in HW/Micro-electronics without triggering WARN? Doesn't make any sense to me.
Can confirm this is true. ORCL is waiting has to wait 30 days since the last layoff to avoid triggering WARN, so the next layoff will be anytime after 9/4
Some people still do not believe HW is dead😢
Stop wasting time arguing for this stupid company.
RL+RM >50%
I really hope this post is true. I'm just waiting for my package and I'll free O from my useless presence.
@OHT7Ptc (Bay Area Engineer), Does HW mean (include) chip/IC/cpu design under MS and RL ?
How deep / widespread (headcount ?) are the cuts likely to be ?