Was the cut through every department?. Also, was the manager or the director the one who chose which coworker to let go? Some team report that the chosen one where great contributor yet I my friend was let go and it look like it was personal….
9 replies (most recent on top)
Without any knowledge of how things work at Oracle specifically (I'm a new hire), in the industry company wide layoffs are usually VP+. Sometimes even higher. And you often have to sign a bonus NDA to even learn what the code name for the project is, so I doubt you're going to get any valuable responses here from anyone at that level (anyone involved has no need to go to rumor forums to answer questions, they know all the answers already).
May have varied from situation to situation, but I know in my team I did not have any input on who was let go (the decisions did not appear to even match up to my "ratings and rankings") and as far as I can tell my immediate director was also not involved / caught off guard by it. The exact "math" that was used seems to be highly varied -- speaking with different former colleagues (both that got laid off and that were "spared") it seems to not have a consistent pattern.
@ag Promotions? what promotions?
First line managers had zero input. In my case, I'd stack-ranked my people, and my #2 person, a solid "5" and one of the ones I absolutely could not do without, was let go.
@b7 Malicious compliance it is then. We'll see who cracks first. Meanwhile, keep collecting the paycheck and getting closer to RSU vest periods.
@a4 feels right, I'm older, and my RSU doubled in the short time I was there
Oracle wants people to quit on their own, so they laid off the best people. It costs Oracle a lot less to let people be demoralized and quit. Oracle is about to go full AI, so they will just need a handful of k-ll switch engineers soon!
@a4 Seems that employee performance wasn't a criteria as you mention.
Those who remain will rather wonder why they should work harder or beyibd their contracted hours when performance reviews don't matter. Promotions don't trigger pay increases and there's rarely a focal anyway.
Morale down, quiet quitting up.
multiple departments across the board. vast majority of layoffs so far in NA. decisions made above VPs, and they disproportionally targeted older folks. no relation to performance. it was pure financial cut to claw back salaries and RSUs.