Thread regarding Oracle Corp. layoffs

It would be great to know what’s ahead

Why all the mystery?

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| 5412 views | | 8 replies (last August 21) | Reply
Post ID: @OP+1k2xjqvcz

8 replies (most recent on top)

@a9 How long will these go on? Also, OCI in USA is supposedly done?

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Post ID: @vb+1k2xjqvcz

They have always been secretive about this stuff. Every time in the past decade or more that I've known. It's just the way they roll and think it's best.

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Post ID: @hz+1k2xjqvcz

@bm FWIW, from what I have heard, the axed in the US are still on payroll with benefits until Sept 22, which is different from past RIFs where they day you were told was the day you were terminated.

But it's very likely that they need to get more ducks in a row in countries with tougher labor laws. I expect that some Euros will get many months of salary payments before they are terminated.

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Post ID: @cp+1k2xjqvcz

The secrecy is there because they’re not finished yet. Some states and countries (particularly EMEA) have strict labor laws. It’s normal in the US to go to work one day and be chopped the next, but they don’t buy that elsewhere.

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Post ID: @bm+1k2xjqvcz

This is the demonstration that an employee working for a conglomerate like this count less than nothing, it’s just a record in a database, no matter is performance, pretty sad and cold given the myriad of talented people. I hope someone at top level reads this, but Oracle is well known for being a stable company with less than average salaries. People genuinely made this trade off, if stability is not the case anymore then why staying in Oracle. I know this would count less than nothing, but a bit of transparency is somehow due to the hard work!

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Post ID: @bk+1k2xjqvcz

It’s quarter end. Why do it before? Gotta keep pushing

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Post ID: @bh+1k2xjqvcz

That’s sad. At the same time they are hiring, freezing, laying off, welcoming new joiners…Reading all these topics they cannot be treated seriously. Which EMEA countries will be impacted, can you tell?

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Post ID: @aa+1k2xjqvcz

We still didn't finish with the layoffs yet, we need to hit 12% of the workforce for layoffs. (From a reliable very senior role confirmed this)

This week, we are doing India. Next week we'll do EMEA and Philippines.

After that, if the numbers are not met, we go back to US and Canada firings.

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Post ID: @a9+1k2xjqvcz

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