I’ve seen top performers, people with glowing reviews and huge contributions, get shown the door, while others who are cheaper but way less productive keep their spots. It’s like being great at your job has become a risk, not a reward. If this sounds like your situation, it might be time to quietly start planning your exit. Around here, loyalty and results just don’t seem to mean much anymore.
7 replies (most recent on top)
Just got the notice two days ago. Unsure of what's going on in my org, but I was the only one let go from my team. Have a feeling my initial RSU grant tripling from when I signed having something to do with it.
I suspect it's all about RSU. Top performers get more of them and become a target for accountants who actually run the company.
I suspect I will be let go this summer, because I got large chunk of 4 RSU packages to vest on September. It won't matter that I do work of 3 people. Accountants don't give a sheet about individual performance.
It's not what you know, but who you know.
It has ever been so at Oracle.
they canned my manager, the most amazing, kind and productive person i've ever met. twisted logic.
you forget top performers at Oracle can get a lot of RSUs that vest across 4 years. This can be a large liability for the company
No surprise - groups that hit almost 200% of their number were completely eliminated and the folks told to reapply for other jobs. This is just their way of cutting salaries/commissions - it makes no sense, but it looks good on a spreadsheet.
Not surprised at all. When I was at oracle this was happened. Also tons of people giving the best projects to their buddies. Even when a new group of go getters was starting to emerge, the powers that be (incompetent mgmt) sabotaged the careers of so many. Managers even stole people’s work. I’ve worked at 4 tech companies. Mgmt is usually never good. Oracle mgmt is the worst in all the world.