Thread regarding Oracle Corp. layoffs

This is not good

(Bloomberg) -- Hiring plans fell to the weakest level for any August on record and intended job cuts mounted amid broader economic uncertainty, according to outplacement firm Challenger, Gray & Christmas.

US-based companies announced in August plans to add 1,494 jobs, the fewest for the month in data going back to 2009. Of the 30 industries tracked by Challenger, hiring plans were concentrated in aerospace and defense, industrial goods and retail.

Announced job cuts jumped from a year ago to almost 85,980 and marked the largest August total since 2020. Excluding the impact of the pandemic, the number was the highest for any August since the Great Recession in 2008.

https://www.bloomberg.com/news/articles/2025-09-04/us-hiring-intentions-pull-back-while-job-cut-announcements-rise


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| 2291 views | | 7 replies (last September 6) | Reply
Post ID: @OP+1k4c6jf4r

7 replies (most recent on top)

@gm From what I have seen (in glassdoor) it's been slim pickings for over three years now.

A very talented colleague who was riffed several years ago bounced from job to job as he was repeatedly laid off. It got to where coming back to O was his best option so he did, and he was hit in this layoff, less than a year after returning. 4 weeks of severance, I suppose.

The job market, unless you have a high in demand skill like AI, has been tough for a long time. I used to get plenty of cold calls from recruiters (usually Indian dudes). That stopped about 2-3 years ago.

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Post ID: @gq+1k4c6jf4r

Tech job market is a complete nightmare right now and will continue to get worse.

If you are smart it's time to retrain.

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Post ID: @gm+1k4c6jf4r

maybe having a woman president wouldn't be such a bad thing after all

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Post ID: @ek+1k4c6jf4r

@d7 We all got 10% raises every year and no one was laid off. This website had to close down due to a lack of posts ;-)

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Post ID: @d8+1k4c6jf4r

@cb Yeah, like things were better under Biden

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Post ID: @d7+1k4c6jf4r

It's late stage capitalism, all those arrows go up are irrelevant to us. It's all bullsh-t. All those ghouls are the same.

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Post ID: @cq+1k4c6jf4r

US-based companies announced in August plans to add 1,494 jobs,

I read yesterday, it's not what published data states, it is mistake in journalist reporting. Totals are several dozen times higher, but still very low.

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Post ID: @bb+1k4c6jf4r

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