It is almost certain a new wave of layoffs coming. Put all you got here on this thread. HR, EVPs, SVPs, VPs busy…
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The Bank Of Larry is getting richer for every layoff
It is not a traumatic episode from his childhood, but a constant one of pleasure from his current state. He is attempting to groom other people into joining his group.
@aa i didn't have a chance to do that, so I would do it now, and get off the vpn while you
do it.
@ew enough for another mansion
I think it's fair to assume areas already hit won't be hit again for a while as there is no point in subjecting a team to a dead by one thousand cuts.
A bunch of rich a$$holes getting richer and laughing at all of us commoners (workers) all the way to the bank!
Nov 3 is the actual layoff date for many of those let go in September from Seattle and California, due to the 60 day WARN notice requirement.
Oracle Corporation CEO Clayton Magouyrk sold 40,000 shares on Tuesday, October 21, at an average price of $276.64, totaling $11,065,600. After the sale, he holds 154,030 shares, worth about $42,610,859.20, a 20.62% reduction. The transaction was disclosed in an SEC filing.
The big Clay dude is cashing out too: https://www.marketbeat.com/instant-alerts/clayton-magouyrk-sells-40000-shares-of-oracle-nyseorcl-stock-2025-10-23/
She also sold 10,000 shares in early July at $232.
I'm surprised this even makes the news. $1.4M buys you a condo in a major US city.
@ae Global Financial Operations, US
@ac - Probably just sold stock at market price, to turn around and buy the same amount with some much cheaper expiring stock options.
Thou shoult doeth better with less, breed more urgency for this A Eye haveth your back
Unlike past layoffs, the posts I've seen regarding Nov 3 have been sparse in number and detail. I'm not overly concerned.
@ac so What is the rumour about? She sold and what..? Has she been laid off then?
@ac FWIW she only sold a fraction of her holdings. Maybe she's buying a vacation home?
What org? What country???
@ac it's less than 10% of her holdings
This Oracle EVP is bailing https://www.marketbeat.com/instant-alerts/oracle-nyseorcl-evp-sells-140310000-in-stock-2025-10-23/
@a5 You seem to have much experience on this. Some traumatic episode from your childhood perhaps?
before 1 on 1 "business update" meeting:
- backup your data to your external device
- download and backup all your pay slips this year
- write down all contact details of people you may contact in the future from Oracle
- optionally screenshot your org chat and your place in it
- don't worry, it has nothing to do with your performance, it's d-mb luck
Just remember to relax your butt muscles when you arrive at your 1-on-1.
My VP is busy indeed