Question for those with visibility into the Oracle layoffs:
Given the scale of the reductions, why does it appear that very few M5s were impacted and almost no M6s or M7s were affected? The distribution across levels seems disproportionate.
Is that perception accurate, and if so, what explains it?
@bg Applications Service Excellence - SaaS
It is difficult to tell whether there was any rhyme or reason to the Managerial versus IC makeup. What is painfully clear and extremely frustrating is the actual people who made these decisions and who they chose to keep versus those they let go. It was people who were on the inner circle, well inside the know. They played personal favorites and cleared out people beneath them who are threatening from a talent standpoint.
However from a pure mathematical standpoint it appears each org was given a total income number that had to be wiped from the ledger. Who get's clobbered the most in these scenarios? Yep, the +45 crowd who's been at Oracle for quite a while and makes more money. It is the easiest way to make the org younger and reduce the financial burden. I was able to stand back and take a look after a full day to absorb and it was 100% transparent that our particular org is now far far weaker and gives the appearance of one that will be culled from the overall structure within another year. If they could wipe it out without customer lawsuits and further bad press, they would have already done it. They found themselves in this position after several acquisitions that never really materialized. On top of all this, the senior mgt in place has failed upward in a spectacular fashion.
@ac what group?
Bunch of IC5s and IC6s gone too.
Nsgbu m7 gone
All of the M6 level and above in my org were left intact. We are too top heavy with these levels, but none impacted. But they sure cut a lot of ICs that do the actual work.
@aa No need to prepare if you are already RIF'd
The current layoff is just an extension of September/October Layoff. There will be more upcoming layoffs. Get prepared soon.
I can see one M8 gone, along with M6 and few M5 in our part of the org and even chain. BoD -> CM ->MT -> RV
Perception imho. I know two M6's who were fired in oci this week.. they are both rolling up to the same M7. I was an M5 in the same M7 org who was riffed in the previous round along with other M5's.
So really I think it is just perception... I personally think M's are definitely more of a target in this round and the previous round then they were in the years before that.