Thread regarding Oracle Corp. layoffs

US layoffs may 31

Any truth to this? Could be legit given end of fiscal and upcoming earnings.


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| 14 views | | 11 replies (last 25 days ago) | Reply
Post ID: @OP+1krgt8058

11 replies (most recent on top)

@s3 Why are you always so hostile? I was affected 3/31, am receiving legitimate information and sharing here. No need for you to be such an a$$. Not constructive for anyone.

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Post ID: @wh+1krgt8058

@na oh hi trolly, you gonna post this now every day as a separate post on main?
and no, it's not going to happen on Sunday night, but you know what already

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Post ID: @s3+1krgt8058

@gn confirmed that 5/31 is the next round. I suspect people
Will wake up Monday morning to receive notification.

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Post ID: @na+1krgt8058

@fa not yet, they are gambling on the future of AI. The company is leveraged to the max. If there is a market correction, which is long overdue and the markets are at an all time overbought state, Oracle will have huge financial problems.

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Post ID: @gn+1krgt8058

Is Oracle going bankrupt? Mounting Debt, mounting middle management, and no people to do the actual work.

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Post ID: @fa+1krgt8058

"Greetings, I am Robby, your AI robot. If you do not speak English, I am at your disposal with 187 other languages along with their various dialects and sub-tongues. And yes, you're all getting canned on June 1st."

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Post ID: @c3+1krgt8058

@at september would be too quick - the teams are still not really recovered yet. December 1 makes the most sense

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Post ID: @c2+1krgt8058

This June 1st is last date for people who were let go in Mar 31st. They are still in Oracle and are in Aria. Their names will be officially removed then on May 31st

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Post ID: @b2+1krgt8058

no. US is done for this round, next time will be probably early September

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Post ID: @at+1krgt8058

Considering that May 31 is a Sunday I would seriously doubt it.

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Post ID: @ak+1krgt8058

No, they will start the first or second week of the new fiscal year.

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Post ID: @a5+1krgt8058

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