https://www.cio.com/article/4062711/product-changes-likely-as-oracle-faces-an-estimated-10000-more-layoffs-by-december.html
6 replies (most recent on top)
article says this 10k is as of Aug31.
September layoff totals (floor estimate): 6275
@cr I spent several years in on prem DB sales & license before moving to OCI in FY 24. Didn’t matter as the entire team got the axe on Sept 2nd. Best advice I can give is learn AWS and GCP, those are the skills seen in the majority of job postings lately. Nowhere have I seen postings looking for OCI expertise other than contract consulting, and very few of those pop up in a search.
Employees focused on on-premise software licenses or older product lines may feel pressure, as their segment is contracting while the company's focus and investment are clearly shifting entirely to the cloud (IaaS and SaaS). Their job functions and expertise may be seen as less critical to Oracle's future.
If you are in On-premise software just shift your boat to survive.
From what we have seen end of October till Nov. Then a re-start Feb and March 2026 and that won't even stop.
When the round will hit? Tomorrow starting October?
An-l-ists should just stick to something they are good at predicting. Oracles future with snippets like “Oracle knows it can’t afford [to cut] that.” Just shows how out of the loop these people are. Everything is on the table.