Hearing that Oracle Management Cloud (OMC) is no longer in favor and could be on the chopping block. Once the darling of the company with strong EM revenue as a foundation, it looks like the OMC road has dead-ended. Rehearse your interviewing skills, clobber and start over with your resume if you've been out of the job-seeking market for 5 years, review your algorithm complexity Big Oh notation knowledge, practice whiteboarding solutions, and DEFINITELY expand your software toolbox beyond what you were doing at Oracle. The software development world has changed a lot since SC has been signing your paychecks and all of the new technology it is free and downloadable. Hint: your future employer won't care about ORCL-specific acronyms, products that never made it to market, and homegrown "not invented here" ORCL systems and technologies from the 1990's that nobody has ever heard of. Good luck and enjoy the break, if you get one.
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OMC guys any update? How many layoffs in US. Are H1s in trouble?
Is it true that some in OMC could be laid off not all?
For the "stock is ok so no layoffs" person that has posted that theme a few places in here recently, do you understand why the stock is up? Almost guaranteed that SC doesn't base RIF actions and counts on the share price at all.
OMC was a TK thing and an attempt to cloudify EM. EM was bringing in decent revenue at one time which is pretty amazing if you've ever seen its codebase or how difficult it was to actually install it. One of the OMC "architects" fled to Google a few months ago.
Non performers may be asked to go but rest can stay , Managers and higher will stay on.
there are still open reqs for Engineers and Oracle has the money to sponsor H1s and GCs
I heard that there will be major cuts for sure next week. Not sure about the severance package.
Are there any layoffs or is it all bull sh--ting?
What about H1Bs , Green card sponsorship and Job security? The stock is ok, so no layoffs?
US getting impacted next week and IDC week after that.
OMC was never a 'favored' product. It never worked very well and the team did not have competent architects. Every team is brainwashed to think their product is indispensable and if your are only realising now that Oracle products never use current tech, you probably won't have the foresight to get any other job in IT.
In Burlington , MA there was a discussion from the Manager etc.
that any one could be let go. no idea if its true or fake