Topics regarding layoffs at Oracle Corp.

Topics regarding layoffs at Oracle Corp.

New H1b changes

Something coming for H1b. Just under debate. H1b extensions will also be cut down drastically. Reducing the annual H-1B cap from 65,000 to 25,000 and eliminating existing exemptions Requiring employers to certify they cannot find a qualified... — read more 


California has dwindling reserves of gas left and they are going to jack the price up per gallon and start rationing it to 2 gallons per month

To make matters worst, California admits their high speed rail to nowhere has always been a vapor con to raise taxes. You all should quit your Oracle job before they get around and fire you. Then you can hop on a Greyhound bus to Chicago, Detroit or... — read more 


Manager to IC to PIP - avoid severance - genius cost saving for Oracle - not for individuals

Rumour mill to confirmed that managers M2/M3 are being asked to drop to IC level. Rumor from my M5 level buddy is that the plan is to PIP these folks quickly and work them out without severance. The belief is that most won't be able to show value... — read more 


German Layoffs +20%

The next round of layoffs in Germany was announced today. The plan is to cut 300 of the current 1,400 positions. Since Europe, and Germany in particular, has strong employment protection laws, Oracle will now negotiate the measures with the works... — read more 


Indian-led H1-B fraud ring

And the guys "happened to be" Indians https://timesofindia.indiatimes.com/world/us/h-1b-visa-fraud-two-indian-origin-men-plead-guilty-in-california-hired-people-for-non-existent-posts/amp_articleshow/130370083.cms


Equipment Return

The severance pay is held until the equipment is returned. It su-ks that they are taking so long to send out the return package while keeping our money.

April 10 paycheck and 401K Question

For those of you that did 401K contributions, did one get done for the final April 10 paycheck? Those normally show up in my Fidelity account within a few days but I don't see one. I have not recieved a paper pay stub for April 10 yet so I can't... — read more 


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