Thread regarding Oracle Corp. layoffs

@7v8 I suspect North America won't resume until after the dust settles in EMEA. Possibly in Jan or after, but just a guess.

And believe me, it could be worse. At a former employer, a large tech firm once regarded as a "best place to work" a whole team of 20+ engineers were laid off over Christmas break.

There was no announcement, we only found out when we saw their empty cubicles. I left a few years later and they tried to rehire. I politely declined.

Has anyone heard of additional layoffs planned for October/November?

RIF after 14.9 years of loyalty. Gone in a 15 min meeting disguised as a “status update”. I’m in 40+ protected group so will get 2 months until separation. What’s also interesting is that severance used to be 4 + 2 and now it is 4 + 1. Think that changed a few years ago.

I was rif’ed 8/13, same scenario as others. Last day 9/22. I was part of Sun acquisition so I’ve been through many layoffs but none as deep and almost doge like. Support Mgr/Director position.

Reporter for The Register here. If anyone with knowledge of the layoffs wants to chat confidentially, please feel free to get in touch.
tclaburn (at) theregister (dot) com

Are they hiring internally?? Has anyone got in touch with the managers internally for reconsideration for similar roles in other teams?

@OP layoffs hit oracle health yesterday. Not certain of exact number

This is weird! I was in the Oracle RIF on 8/12…and all the same, laptop off right way, etc.
But… I was also given until 9/22
I feel this group should have been later date.

I was laid off yesterday morning after 6 years. Laptop shutdown within 2 hours, and Sept 22 given as last day. Sr Partner Manager in Alliance & Channels

29 1/2 years and was also layed off yesterday. Effective Sept 22. Was a Sr. FinOps Engineer supporting the GIUs for Cloud costs

Yet they are hiring provided you are under age 40

@13n funny how they give their public sector business to salesforce every single time. Funny that uncle larry is a major salesforce stock holder so he wins by gaining and losing the same customers. Funny how the SEC is fine with this.

I was told yesterday morning. 2 hours later laptop sh--s itself down. 3.5 years in Oracle University as a trainer - but the sc--wball title was Cloud Delivery Lead.

There were many told yesterday. We’re being paid thru Sep 22.

Just got RIF after 10 years. Dedication and hard work means nothing to the bottom line. Good luck to those impacted.

It could be connected to earnings. If they cut a lot of positions, they could state how much give a better guidance in the coming earnings call.

@13n Also it’s effective 9/22 on my birthday no less.

I just got RIF today. Senior Sales Manager Public Sector cloud renewals. My team had a record Q1 and then I am out of a job after 14.6 years.

@je It might just be a bandwidth issue. The current layoffs won't affect the bottom line of the quarterly results coming on Sept 8. It's going to cost O a bit of money to fire people in some regions.

What remains true is that ORCL needs to hit the ball out of the park. Safra seemed very confident three months ago that was in the bag. We will find out soon.

If layoffs are expected in October and not September, it is because they know the earnings won't beat the market. Earnings are expecting middle of September.

They submitted these WARN notices on Aug 13/14. They may have been for people notified that week, but with a termination date in October.

It says "The layoffs are set to take effect in mid-October 2025.". I think the September layoffs will be effective in October.

Is this gossip or have credible info? Why October not September?

We all know that ‘the big one’ is yet to come!