Topics regarding layoffs at Oracle Corp.

Topics regarding layoffs at Oracle Corp.

Cloud business in trouble?

https://www.businessinsider.com/oracle-cloud-business-tiktok-biden-china-rule-2023-7

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Are the layoffs limited to Cerner or more to come?

We know that last month Cerner had a significant layoff. Maybe this was to be expected given the amount of money Big O paid for them ( it was the largest in our history of acquistions). I hear a lot of chatter about LE going for a RIF on Oracle... — read more 

Happy Fourth of July!

Hope everyone has a really nice fourth. Set your problems aside and have a great day!

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Is WFH coming to end?

Anybody hearing that WFH will be drawing down? I know the people in Net Suite were told to RTO last month. And I am hearing some chatter that other parts of O will be told to RTO after Labor day. Is anybody hearing anything at your locations? — read more 

A couple things...

Getting RIF's is the first day of the rest of your life. A couple things... Saw a great post somewhere (maybe here) about setting expectations. You may not get offers at or above what you're making now. But this person's advice was to consider... — read more 

Now is a good time

Now is a good time to get your resume together and be prepared to move on.

OCI Reorg

What happened to the layoffs and reorg in OCI? Constant news and change.

Promotion

I left oracle some years ago. Recently I saw a former manager come across my LinkedIn feed. This guy was the epitome of incompetence. Throughout my time working for him, he was pathetic, he purposely didn’t hire a guy 4 times cause the guy was in his... — read more 

Layoffs Q1

The layoffs in Q1 will be vast, widespread, a bloodbath, blood on the streets. The layoffs this quarter will break the will of the Oracle rank and file. Show them that they are pawns/peons. The layoffs will not ever stop, the axe will continue to... — read more 

Is the Party over?

On Friday LE sold off $640M in stock - not big news but what is interesting is that this was the first time in two years that he has sold any stock . At the same time he also exercised/sold stock options that netted him a cool $480MM. Comes to... — read more 

VA expects Oracle to deliver

But a June 20 email from a physician-executive with Cerner that was obtained by Nextgov/FCW said “the entire clinical team from Oracle Cerner was eliminated,” including “clinicians who have years of experience in leadership, technology, population... — read more 

Moving internally

Quick question: why do many here think that moving internally is not a good idea?

Don't bank on a long career at Oracle!

So very glad I left lowly Oracle years ago, best decision ever. If you're looking to get in a few years of experience at Oracle and then move on, that's a good approach. But I don't recommend you stay at Oracle any longer than 5 years max. Too bad... — read more 

When the music stops.

Looks like Sales and consulting managers are in the game. When the music stops, find a seat. The game starts here, and will work its way down the hierarchy. Do you now answer to a new manager?

ACX layoffs Anniversary

I miss all the folks we lost last year and have a bad feeling this will repeat again in few days.

Kinder, gentler?

https://www.theregister.com/2023/06/13/oracle_q4_2023/?td=amp-keepreading

Hardware is the gift that keeps on giving

Another $2.2b profit to the bottom line from hardware this financial year. Since ORCL merge with JAVA we've seen $36b of PROFIT for ORCL. That's what funds your pay raises and bonuses.

How big a cut?

Does anyone have any insights on how many employees have been laid off? I heard a rumor that numbers were more than 1,000.

Oracle layoffs

Oracle is a horses—t company that doesn’t care at all about people…. You can work your a— into the ground and they give no recognition or support. Guess that is their MO - work you so hard that you’ll quit or just lay you off!!! F—- you Oracle! — read more 

RIFs on Verrazzano?

Execs getting impatient with Verrazzano gaining revenue traction in a meaningful fashion.

Ex Oracle CMO Kelman Lands at Salesforce

Now Salesforce marketing employees will learn about Kelman’s 700 goals and his favorite book, “Who Moved My Cheese?” Meanwhile, current marketing employees at Oracle still have no idea if JM knows how to spell “demand generation.”... — read more 

Share the wealth

Mind blowing to me this company can’t toss a few breadcrumbs to people that have been loyal and hard-enough working all these years. I get it is their philosophy to promote turnover more than people…but the fact the stock is at $124 and Larry kept... — read more 

Too many priorities

I have an idea for Oracle leadership. How about instead of letting us juggle several projects that all seem to have the same "urgent" priority you let us do things one by one and we'll get to finish a thing or two in time and be able to provide... — read more 

OCI made CVS and Walgreens sales go up

How? Recent Oracle Q4 results made OCI employees crazy as they are bagging huge compensation in terms of RSUs. Spending nice horizontal time and buying protections, cvs and walkgreen are happy.

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