Anyone?
Close Dood Meetings at OCI
I have noticed several closed door meetings happening in OCI today. Would anyone know what’s it about. Layoffs/ Focal or Reorg
Who moved my cheese?
Normally people 'stick' w/ company max seven years. It is rare to see the majority of them with ONE company for more than 30+ years! It always makes me wonder how 'relevant' they are compared to outside work force. First time I have seen/witness a... — read more
What do middle managers even do here?
Outside of ignoring problems until they get worse?
Would I be making a mistake if I left now?
I joined just four months ago but I hate it already. I got lucky and another company just offered me a role that pays a little less but is much closer to what I actually want and hopefully comes with less toxicity. I am grateful for the option, but I... — read more
As long as there are no layoffs in the US, I'm happy
We're the ones who usually pay the price whenever costs need cutting. Seeing others being hit for a change is a bit refreshing. No hate but it's about time.
Spain Layoffs
Is it true that there will be individual layoffs in June?
Poland layoffs?
Do you have any update of layoffs in Poland? Is EMEA already done or still in progress?
Stack rankings requested + Meets Expectations and below being pushed down
Message from my M5 NA squash friend is that they will be pushing lower rankings to all in reviews and employees will be stack ranked. There will be reviews across each GBUs. M5 suspects another round of cuts coming. For those with manager hate... — read more
Grow a pair - just leave
First - I am an optimist. And, yes I was impacted. Top performer, great team, but toxic and politically motivated weak leadership. I was planning to leave after the earnings call in June. They just beat me to it. Yes, lost a ton of RSUs and the Q4... — read more
C suite AI psychosis
Because isolated C suite (sycophants for slick consulting salesman) clowns have no idea what tech really is, even if they are tech C suite. They are spending million on tech they have never seen, haven't touched, and have only read about or seen a... — read more
AI Humor
Last week my tram was told that they are monitoring our AI usage and those that are not using it at are risk. We were shown a dashboard that tracks general ChatGPT usage and Codex usage. This week an email comes out instructing us on the proper use... — read more
The stress of being unemployed is real
I've been on both sides of this, and the fear of not having a job is just as bad as the misery of having one you hate. Watching your savings drain and your health coverage get closer to expiring is its own special kind of he-l. You still got a... — read more
Crystal Ball Thread
Make your predictions for the rest of 2026 and early 2027 in this thread. My prediction is that we are done with large cuts, stock is up additional 50% by this time next year. The exec management continues to be as evil and detached as they've always... — read more
Oracle surge lifts Larry Ellison to world’s second richest billionaire, overtaking Amazon and Google founders👍
Oracle is performing well 👍
Bully manager
Anybody else about to say fu-k it all and quit without a backup plan because their manager is nothing but a bully who has to compensate for his own many insecurities by putting his subordinates down every chance he gets? Welcome to the new Oracle, I... — read more
Tech CEOs Are Quietly Cancelling Their AI Plans
https://www.youtube.com/watch?v=NBtUgWn-nHs Wendys, Starbucks, Uber, The Big Mouth Mark Benioff, all quietly removing their foots from their mouths and backtracking on AI due to failures and no ROI. AI cant even handle drive though hamburger... — read more
So when does it start in earnest, if it's to be completed by June 15?
Also, the sooner the better. Still some chance at severance, at least. I can't wait to have this forsaken place in the rearview mirror.
30,000 job cuts likely by June 15 despite booming cloud, AI growth and strong earnings
https://www.livemint.com/market/stock-market-news/oracle-layoffs-30-000-jobs-cuts-to-be-completed-by-june-15-despite-booming-cloud-ai-growth-and-strong-earnings-11780391629986.html
In case you weren't nervous before
https://www.youtube.com/watch?v=zECyMRI8sV4
Oracle Cerner: Potential Acquirers of Oracle Health
https://www.healthcare.digital/single-post/oracle-cerner-potential-acquirers-of-oracle-health "A Private Equity consortium led by a firm like Thoma Bravo or Francisco Partners is the most probable successor. This structure satisfies several... — read more
CNBC: Job openings highest in last 2 years
Job openings jumped to 7.6 million in April, the highest level since May 2024. Hiring fell sharply despite increased demand, reflecting a slow-moving labor market. Layoffs and quits declined, indicating both employers and workers are making... — read more
All Hands keep getting cancelled?
Anyone else finding their All Hands from Director, VPs, SVPs keep getting cancelled for this month? Getting a bit worried here. Fusion. Must mean a re-org or more layoffs given how often it’s happening.
So, does it mean that after the whole 30,000 thing is wrapped up, we can consider ourselves safe?
Or are they going to announce another however many thousands right after, and continue like that ad infinitum?
Romania RIF Info?
Do you have any info about the layoffs in Romania? Rumors said it was today but it seems it wasn't real...
LOVE THIS LINK !! SIMPLE & ENJOY THE BUMPY RIDE
https://www.techtimes.com/articles/317527/20260601/oracles-30000-layoffs-enter-final-phase-sign-release-forfeit-severance.htm
SKO sales thing happening in Vegas
Sales people only. No one else invited? Layoffs not affecting them?
Bets on restructuring amount for FY27?
Assuming it will be in the June 10th filing. What are people thinking? I say $1.5B
So where do we stand? No layoffs today?
I thought the bloodbath was supposed to kick off this week.
Layoff running totals based on Slack
Tracking participants count #general Slack channel in Oracle One workspace, as the fastest available proxy indication of ongoing layoffs. may01-may31: 2241 reductions, and 942 additions apr01-apr30: 2286 reductions, and 1583 additions -... — read more
Oracle - Grieving millionaires feeling betrayed?
Stop crying about being laid off. You have spent 20, 30, 25 years and feel betrayed. Enjoy the millions in the 401K and move on. Pathetic. I spent 15 years at Oracle and was laid off a few years ago. I worked with many of the people who were... — read more
I'm finally considering leaving Oracle
Tech role. Anyone test the waters in the job market yet?
racle could probably reduce California staff more quickly issuing much more Performance Improvement Plans and lesser Lay-off notices
Not many employees can pass Performance Improvement Plan, and they can be out the sooner than employees given a 60 day layoff notice.
Q1 is here. When do firings start again?
First week or later in June after reorg dust settles?
Sales quotas as a means to persuade people to leave
I have been a employee of Oracle for 10+ years in Asia Pacific - many jurisdictions in APAC have failry strong labour/labor laws. Sales targets have over the past 2-3 years increased substantially, to the point one could reasonably claim employee... — read more
Layoffs Spain
Any news for Spain?
SNOW and DATB will cause problems !
The ORCL DP Dinosaur Bones and 22% a year support is being exposed.