No Major layoffs this past week. Total for FY18 YTD remains at 8,025, since 6/1/2016 at 18,025. This coming Thursday is a potential danger point. Good luck all !
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Layoffs happened today at Oracle HQ at least. 2/27/2018 From what I hear, it was a big one.
The suspense is killing me. Someone needs to elaborate on this.
HQPeeps — what’s the word?
Layoffs happened today at Oracle HQ
what orgs?
@RU5QLUs-2bxv . Yes some folks on HQ were laid off and some remote workers in EBS. Feed the people, stay alive.
Layoffs happened today at Oracle HQ at least. 2/27/2018 From what I hear, it was a big one.
They were being laid off at the beginning of the quarter. June 1st, Sept 1st, skipped Dec 1st, and now back on schedule with Mar 1st. The holiday quarter appears to have been skipped, but they were doing it at the very beginning of the quarter.
The past practice was that people were laid-off before the end of the quarter. Doing it at the beginning of the quarter would be a break from that.
That doesn't mean that they wouldn't do it.
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Maybe there will not be layoffs this quarter, like previously. Maybe they have been pushed to the next quarter? So, I'm betting March 1st.
Maybe the rumored SEC investigation is going on? They were unsure of something? Maybe the results for next quarter are really bad? And they want to offset those results with a large layoff in the next quarter to show the stock holders how responsible they are? I that case, maybe layoff in mid-March when results come out? Not sure.
Wouldn't the layoffs have to happen before the quarter ends?
This coming thursday is march 1st. Seems like a prime target for layoffs. Still lots of money marked for severance packages.
@RU5QLUs-mir I LOVE DESSERT!!
But you're probably right. They'll keep me around because they're clueless.
I'll switch to shows on Amazon Prime.
Does anyone know what kind of package an hourly employee gets if they're laid off from Oracle ?
In such a case the revised numbers for the week ending 2/25 are total FY18 YTD 8,145, and since 6/1/2016 18,145. Thanks for the info. All the best to those who were laid off!
Don't worry, the hangman we be there soon enough and you'll get what your just dessert.
C'MON DAMMIT!! I WANT MY PACKAGE!!
I've run out of good Netflix shows!
correction: 2018 Q3 ends on Wed,
2018 Q2 ends on Wed.
There were a few notable hits last week... HGBU (MICROS, ~40 in sales) and CGBU (Acme Packet/Metasolv/Tekelec ~80 in pre-sales,AMPLIFY,cloud dev)
Why is this Thursday any different than any other Thursday?