How high is attrition at Oracle really?
I see people writing all the time that they see huge employee turnover in their departments, yet I'm yet to see one person leave on their own in the past five years (at least.)
Is there really high attrition in the company or is this just specific to a few areas?
I know several people in engineering that have left. One to go to a startup. There are people leaving. Probably depends where you are in the company. There are a lot of people who intend to stay until Oracle forces them out with a layoff and a package.
The attrition policy at Oracle is not a good idea. Making life hell for employees, just makes the good employees get up and leave. Oracle is one large continuous disaster.
Oracles culture of work from home, no accountability, responsibility coupled with outdated skills are key reasons why ppl do not leave. Also traditionally Oracle has not let go people(except.for.sales). The on-premise products had demand customer used to call Oracle sales to close deal. All this resulted in workforce not being used to working. The hikes used to be less but they were there and the initial salaries used to be better than going on market rate.
Who likes change, it comes with lot of risk. The easy way out is to Oracalize anyone who joins company and maintain the status quo.
And remember what ever people say culture is always top to down. Till top layer remains intact new workforce would be Oracalized. The ppl at top who are being asked to go or have left are the one who wanted to change themselves and the culture.
Unfortunately for Oracle some of few who joined at the top level are not the ones who have been successful in turning around companies-they are still trying to use same failed tricks of trade at Oracle.
Not rocket science but no one wants to admit and accept the root cause of current state.
It's a cat and mouse game between executive management and staff. If you have 10 or more years in, why leave on your own if you own if you might get a nice severance check? The new college hires are being compensated well, so they are not likely to leave on their own. I expect most of the attrition is coming from folks in the middle.
Small companies are not immune. I interviewed for a company and they mentioned they would need to lay off about 49 folks.
I cannot give out my BU but I can tell you that I deal with customers everyday, and maybe the only Oracle person they actually see. All my pidgin contacts are still there. Why leave if it's a cushy job ...maybe some BS metrics that management wants to see and I have learned to give them what they want to see. Every company I see out there is in some sort of cost cutting mode like Oracle unless you are FANG.
What area do you work in? Regardless, you haven't seen ANYONE leave in five years in an industry where people regularly change jobs to advance their careers?
I saw it in the field periodically, but it wasn't all that common because Oracle was doing well, commissions were good and the benefits were top notch. However, MH has been working hard to change much of that and LE delaying any action because he thought Cloud was a fad put the company into a bad spot. Now commissions are awful, perks/benefits have been eroded and the company is shedding experienced positions while replacing them with college grads and overseas employees. As a result, employee churn has accelerated the past few years. Then I left on my own too. Since then, I've received several calls from people still at Oracle who are looking to leave. Those I know who are staying are either trying to ride things out as long as they can, are in a phase of life where they value stability and the relatively low demands on their time (e.g. they can just "coast" in their current job) or have realized that while they'd like to go elsewhere, their technical skills don't match market needs since Oracle is a technology laggard.
I see a lot of sales people leaving. Support is very much the same people that I have worked with since I joined Oracle.