Thread regarding Oracle Corp. layoffs

did any one hear of any one being let go? Looks like a normal day at work and no signs of layoffs!

I believe performance spreadsheets are shared up the management chain. In sales, it is easy to measure individual performers against each other simply by reviewing success against forecasting - and this gets shared up the chain. Every manager is providing some form of performance metric up the chain - it's part of what managers do.

I heard the managers make up lists of people who could be laid off in their groups. I would guess the lists are passed upward? And someone else can make the final decision.

Oracle's Quarter system is setup a bit differently. Their Q1 does not start in Jan or Feb---

Quarter

Q1 ends August 31

Q2 ends November 30

Q3 ends February 28

Q4 ends May 31

We were told the same on layoffs in the past that my manager didn't know but we thought he was not telling the truth about that because the ones that were laid off were considered to be the lowest performers in the group. Then how do the ones making the layoff decisions do it since there is no way that they have actual knowledge of the people they are picking to get riffed because they are so far down the ladder from them?

I am sure it probably works differently from country to country, and even from group to group but from the past layoffs that I have seen in my group I can say that anyone that says that they definitely know that there will be a layoff and even gives a specific date is making it up for some reason.

In the past layoffs in my group (support in the US) neither my manager nor his manager (director) had any prior knowledge of, or input to, who was getting laid off or when. I know they are telling the truth because I have been personal friends with my manager's manager outside of Oracle for years, before either of us started working at Oracle.

They were both taken by surprise - my manager got a phone call from someone in HR telling him that he had to lay off these certain people by 11:00am that day and he would be getting an email with exact instructions - including the script that was to be read to the affected employees.

So unless you are above the SVP level and posting on this board about a definite layoff with dates, then you are lying (my director friend's manager is SVP, who had no prior knowledge of the layoffs either - unless he was lying to my director friend, but he says he doesn't think so).

In my experience, at least in the support org in the US, layoff decisions are made high up in the management chain and are not shared with lower-level managers until the actual layoff day comes.

dumb-cluck, you don't know what fiscal quarter you're in?

you should be rif'd just for that.

If some one knows full details , give it or don't write on this site with half knowledge.

Oracle has 100's of units . List which country, which unit may have lay offs? and is it Development, Support or Sales being laid off? I m a Senior Engineer making 150 K.. in US on employment Visa...

Will I be laid off or will they leave me alone? The Manager hinted that I or him or any one can be laid off? Was he joking?

Oracle's fiscal year starts June 1, so they are currently in first month of 4Q. It's a big tell if someone is posting intel on Oracle and yet they don't even know what the company fiscal year is.

You're jumping all over the place: Santa Monica, Michigan, lawsuit, relocation, etc. Sales consultants are always getting let go when they don't meet quota, and big companies with large bank accounts are always getting sued.

no one has any clear info about who is being laid off. its just speculation. There are many divisions like sales, marketing, development, support etc... and both H1s and local candiates..

Who will they fire?

Jan feb march is quarter1

april may june is quarter 2

july aug sept quarter 3

oct nov dec quarter 4 for 2019

No, the results that were just announced are for Q3 (Dec, Jan, Feb) and we're in Q4. And Q4 projections s--- - so it does make sense that hiring would be cut back or frozen until end of Q4 And Oracle gets sued every day, seriously - every day. What's one more lawsuit?

Keep guessing buddy. You almost have it.

The march result which just came out is q1 ..not sure why they say q4