We're losing people left and right. Is this an Oracle-wide issue?
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This is not an Oracle wide issue - this is an industry issue. Market is hot. Offers are insane. People are jumping ship. Many people have been at AWS for 4 years and are fully vested with pay dropping. They're now jumping over to Microsoft and Google. Google people are jumping to AWS and Microsoft. Just a lot of craziness going on and it won't slow down until the economy does.
LE has said : "We just Don't care and we will replace you "
yes, but oracle is trying to ease them out with new hires and with it new/modern ideas. It will be a natural ebb and flow. Those "veterans" have become the 2nd and 3rd class of employees. 1st class being the recent hires within the last few years.
Eventually they will become part of the churn, voluntarily or not.
Today was the last day for a number of folks given notice June 1st.
- mpz: yeah.
In addition to this, the people who leave on their own are the ones with updated skills and the ones who are “dug in too deep” lack the required skillset to move oracle forward.
Not enough. I've said many time before
oracle doesnt have a people leaving problem they have a people staying too long problem.
I think they've been trying to refresh their employee pool. But it takes time since some of these employees are dug in deep.
recruiters dont care so much for the company name. They look at what you've been working on and if it aligns with the market. But yes if looks bad if you have been parked somewhere for 5+ years with no progression.
I'm in on prem support and about 6 or 7 people have resigned, some said it's because they haven't been able to get raises and others because they can't stand Oracle anymore. The word from recruiters has been consistent - Oracle on your resume for any long period is not a benefit but seen as a lack of knowledge or current skills. Leave before you get branded with the bad reputation that Oracle has become.
Also, attrition, not attrittion. I need to learn to type slower.
I'm not talking about layoffs, by the way, but people leaving on their own.