Has the layoffs been completed for NA, India, and Canada, or is it still on
going?
16 replies (most recent on top)
LE said: “I’ve ordered those Canadian losers to get axed; I don’t want them in my beautiful company “
Given the scale of the recent layoffs, it's unlikely the company will prioritize stabilizing its divisions right away. The move might also serve as a warning to current employees, possibly delaying raises or promotions for some time. If Oracle goes through another round of layoffs soon, it could damage its reputation significantly. That said, the FA and DB teams are probably secure for at least the next six months.
Not all units that have presence in US are done yet, stay anxious!
OCI Canada was last Wednesday.
@dh No new layoffs in the upcoming weeks
@dh They're taking a breather today.
Plus EMEA hasn't been whacked yet.
LE said about the Canadian layoffs: “Good riddance!!”
@cf Completed but more to come? How is that "complete"?
Reporter for The Register here. If anyone wishes to offer any comment about the Oracle layoffs, on background or otherwise, please feel free to get in touch.
tclaburn@theregister.com
But I am still here!!!!! NOOOOOOOOOOO......
The layoffs are completed for now in those countries. At least, this is what we survivors were told. However, there may be more to come
https://www.kron4.com/news/technology-ai/oracle-lay-offs-bay-area/?fbclid=IwY2xjawMLjMpleHRuA2FlbQIxMQABHjYs5WmgMuzRz8nwfYhZKjkD9rfuAiYsachvH1YB15NtFsxIw4_CLa-YyuOZ_aem_Ql5G5aRZ-2f2BvmIzHf0DQ
@at The problem with being a stagnant cash cow is that the only way to increase profits is to cut costs, and the easiest way to do that is reduce headcount.
DB and FA team pending. Both are still cash cows. There might be lots of restructuring in FA and DB soon.
Layoff has not even started for FA team
Still going…