Thread regarding Oracle Corp. layoffs

@ez
Looks like regular attrition past 2-3 months, in comparison to actual mass lay-offs aug-oct:

History based on Slack #general in Oracle One namespace:

• feb01-feb28: 943 layoffs, and 1143 additions (based on Slack regular tracking)
• jan01-jan31: 1604 layoffs, and 1834 additions (based on Slack regular tracking)
• dec01-dec31: 1031 layoffs, and 844 additions (based on Slack regular tracking)
• nov01-nov30: 1614 layoffs, and 1327 additions (based on Slack regular tracking)
• oct01-oct31: 2504 layoffs, 1762 additions (based on Slack regular tracking)
• sep02-sep30: 6275 layoffs, 861 additions (based on Slack regular tracking)
• aug14-sep01: 733 layoffs (based on Slack very few data points)
• aug01-aug14: ?2900 layoffs in IDC (based on media reports)

@cv Down from the all time high of $340+ $175 it's hardly a comeback.

@cv well, wasn't it above $200 back in January? Telling it will reach the stratospherically high of $175 is... insulting.

@gd Labs and Data Studio

Last time it happened a week before earnings call

@gb Oracle doesn’t go back and fix tech debt that’s why their software quality su-ks. And management thinks they know how to do software development when they are really creating a dumpster fire feature factory.

New prediction?

• More layoffs starting this month
• You are on the list

HTH

@ez What team, or, at least vaguely, doing what?

@ez Sounds like O is no longer concerned about bugs getting fixed. The poor customers...

Oh, there’s gonna be some layoffs. Any day now. Just you wait!

Ya gotta love the bootlicking bozos on this comment board actually dismissing the obvious upcoming layoffs as nothing more than lies. Hope these bozos are the next to go.

I suspect it may be happening quietly in small amounts across the org. Just received an email that someone I assigned a bug to was "end dated" today and then heard the entire team was let go. Small team in OCI that used to be in the db org.

what prediction? this troll is literally saying every day that lay offs are starting.

@dq most of family guys and gals take their time off on March spring break

20% sometime in march. If your manager is taking off that time that is a sign.

Layoffs starting next Friday. Oracle stock sinks to 120. OpenAI panics do to Anthropic and Deepseek. Nvidia reverses even more funding.

Old predictions are not wrong. It will happen eventually. Remember Oracle has to show revenue in addition to cost cutting. It can’t layoff massively and rehire high cost employees. There will be reorgs in addition to layoffs.
March 10th, 11 and 12th will give clear picture of Oracle directions. But Oracle stock prices will rise soon to 175. Let’s wait