Thread regarding Oracle Corp. layoffs

Unofficial official layoff report 6/9-2019

By my count about 500 people were laid off last week, which brings the total since 6/1/2016 to 24,186. This looks like just a start, expect more layoffs. Best of luck all and keep looking!!!!

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Post ID: @OP+ZuTmM0B

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@ZuTmM0B-ykt

Which support groups had layoffs?

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Post ID: @iww+ZuTmM0B

@ZuTmM0B-cdw

So, how many RSUs, promotions ,and increases were handed out?

Surely you must know.

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Post ID: @jax+ZuTmM0B

I don't get why we are laying off people in support? It takes long enough to get SR's assigned and worked on and that's with the people they have. I suspect they are getting ready to acquire and will be leveraging that to augment and backfill support with younger (cheaper) people.

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Post ID: @ykt+ZuTmM0B

Thanks TI.

Expect the Company to keep bleeding people. Massive is not the MO, it will be a Slow Bleed.

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Post ID: @fvh+ZuTmM0B

Thanks TI

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Post ID: @mqj+ZuTmM0B

"By my count about 500 people were laid off last week"

By counts from an anon of anon posts? LOL.

Did you count how many RSUs, promotions ,and increases were handed out?

But, at any rate, still a big fail on tinfoil hats: NO massive layoff.

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Post ID: @cdw+ZuTmM0B

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