Thread regarding Oracle Corp. layoffs

One thing for sure, Oracle doesn't care.

I'm a departed IC5 and was RIFed. It was the best thing that ever happened to me. I got a payout, a better job at a better company and a pay rise.

I agree with most of M5's analysis, particularly re-enforcing that Oracle doesn't care about you. You are a resource in infinite supply. They do care about legal exposure and defensibility.

I saw multiple RIF's. There were only 1 or 2 in 25 years that I didn't either hear about or figure out what was going to happen at least a week or more in advance. M5 is correct about the lower level managers not knowing other than a general heads up and some mandatory RIF training in the week before.

M6's do know and are usually the decision makers. For the org I was in, RIF's were always about a target headcount or budget and lists were formed. On occasion I was consulted or given a copy of a list. It's horrible stuff. I did see 2 RIF's where specific geographies were targeted, a recent one being China, another being remote people. It wouldn't surprise me to hear some orgs using metrics to decide the hit list. The worst I saw was the "robo-RIF" of the electronics people. To re-enforce how little they care about you or the opinions of others, I saw 1000 people, some with 20 years at the company, emailed, told to listen a prerecorded RIF call, then emailed instructions to leave the building and drop off their laptop on the way out. No human interaction. People go to work elsewhere in the industry as potential or existing customers, will have bitter memories, Oracle doesn't care.

If you threaten them, they will be prepared to go nuclear with the lawyers but rarely do.

If you want something to look for, keep your ears open for the term "Resource Action" or RA. That is the HR terminology. The existence of RA's is closely guarded, as are the numbers, locations and so on. HR and legal worry about exposure to the WARN Act and similar laws. They do everything they can to be secretive.

Good luck. Don't feel bad for putting your own interests first as no-one else will. Most importantly, be at Oracle for your own reasons, if not get the hell out. Life is too short and the industry too full of opportunities to be wasted.

You're casting pearls before swine. Unless you continue to push the eminent doom and gloom, Oracle sux narrative, your words will be summarily dismissed or misrepresented.

Most here are hopeless and embittered.

@Y93vU20-igb:

You would think. However certain news stories lately seem to indicate that privileges are given to the rich and powerful that the rest of us cannot access. See: Trump and Deutsche Bank, and the USC admissions scandal. Those are the only ones we know about.

As much as we would like to see LE get powned by a stock exchange, ala the Duke Brothers in “Trading Places”, probably not going to happen.

a few ways they butchered sunsolve is to hide the information through multiple levels of authentication and redirection and makes it incredibly complex with a lot of useless information in one place.

and they don't understand a simple concept of "search"

search to them means filtering, you design the filter to get what you want and after going through all that you get junk or nothing.

oracle butchered sunsolve (i'm a unix admin) so i don't think this tool that he mentioned to track performance is something that helps your employment, it's a knife that stabs you.

If you pledge shares as collateral, you can only count 50% of their value was collateral. If shareprice goes and stays up, you can get down collateral back - LE got $2bn back a few years ago. However, if it goes down, lenders want more collateral - more stock or something else, or if the borrower doesn’t have more collateral the lenders start selling existing the collateral (LE’s oracle shares) until they’ve sold so much that the combo of cash and stock meets the collateral value required for the loan. Cash counts for 100% of value. Could lenders ask LE for more collateral, yes, of course, regardless of what some clueless M5 thinks.

OP: So pompous. Never visiting this site again. Hahahahha. You know you will.

If stock tanks to point value of pledged shares approach LE line of credit, surely lenders will want something! Maybe just clip line of credit but that puts a crimp in art, real estate etc. compulsive shopping. Anyone know how it works?

Some good points, but like everybody else this M5 has their own blinder spots, biases and conjectures - so like everything else take with a grain of salt.

Being laid off matters to your career. Being laid off from Oracle is becoming a liability. So if that is hanging over your head, you will act from a position of fear. How you react, how you express the stress so to speak is to lash out online. Which is what this sort of thing is for. Mr M5 can lecture all he wants. I can say hey, you stuck around through how many rounds of layoffs and sh--ty behavior, right? Don’t be so high and mighty. O leaves a stain on anyone who works there.

This is by far one of the most sane posts seen on this board. I might disagree with the spreadsheet point but everything else holds true

So this M5 is saying you should fake numbers to stay employed at Oracle...like what SC is doing with cloud revenue?

"MOS Analytics to gauge employee performance? Are you serious?"

Yep, that's the c-ap that I am supposed to be looking at every day along with another dashboard with nice gas gauges with red, yellow, and green to make sure that my direct reports are doing their jobs. If something on that dashboard goes red then my director is calling me right away wanting to know why. That tells me that my director does nothing, This used to be a good job, but not any more. My last day is Friday but they don't know that yet, I am giving them the same notice that I have seen them give my devoted employees that got laid off in the past. I'll tell them on Friday morning. Or maybe I won't even tell them at all and just stop showing up, see how long they keep paying me. Starting at AWS Monday morning.

Take aways from this (although nothing we didn’t know): Oracle doesn’t care about us, MH and SC need to go (but probably won’t),

And (if true) the decision on who gets RIF’d is made at levels above Sr. Directors (M5’s). That should make us all a little more worried, no?

Mostly good points but your "no spreadsheets" statement is certainly false. SC rules by spreadsheet, that's well-known inside and outside of Oracle. To communicate upward in ORCL, a division's finance rep has to speak in Excel, and it goes all the way to the top. MOS Analytics to gauge employee performance? Are you serious? That's so wrong on many levels but it's horrifying to think that a bug-infested and usablity nightmare like MOS and it's toolsets would be used to make the crucial decision as to whether an employee and her/his family will or won't have a paycheck on March 22. Maybe you are referring to those phony and contrived employee metrics where things like ADE transactions, lines of code contributed, and bugs fixed are counted? Those are so ridiculous and can easily be gamed by a third-grader. Good luck with your retirement.

So, M5 doesn't know until 1 week earlier, that means M6 M7 wouldn't even ask you and your mangers who performs better, therefore the M6/M7 will just make it based on a sort of 'spreadsheet'. The 'spreadsheet' is just invisible for a M5.