Topics regarding layoffs at Oracle Corp.

Topics regarding layoffs at Oracle Corp.

They are keeping The Bloated Middle that cost a lot and laying off the people actually do the work.

Looking at our current structure, it feels like the 'manager-to-grass root level employee' ratio has drifted toward an unsustainable level of middle management. multiple layers of management, which creates a 'bottleneck of consensus' rather than a... — read more 


Silent and Slow

Started layoffs on 3/17 in US and slowly going through each org and countries. Trying to keep it silent as much as possible by only targeting one or two org per week. But yea the ultimate target to achieve will be around 30k as roumered by end of... — read more 


What the fcuk is really happening, don't know when it will happen, everyone says it ends before March end.

They did pilot layoff on Tuesday on OCI support organisation, and that's it.. radio silence... They are rumours by end of March... Does management spread this rumor.. or directors spreading this rumor... The wait is ki-ling... Constant thinking... I... — read more 


Buy the stock!

All concerns are just temp. Sales/profits are growing fast. This will offset debt over time... recent OpenAI funding reduces risk around its contract with us. Debt peaked. We are valued at 20x revenue, below averages - when we adjust to 25x the stock... — read more 


Morale has tanked

Most of the time when we are in the office everyone is just talking about the layoffs or speculating. Quite literally every single project we have worked on over the last 6 months has been halted, changed, changed again, and re-structured. So it’s... — read more 


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