Thread regarding Oracle Corp. layoffs

Unlikely to be widespread layoffs Monday

Nothing coming Monday, you are welcome. Go back to bed.


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| 2231 views | | 15 replies (last March 9) | Reply
Post ID: @OP+1kk6qhmaa

15 replies (most recent on top)

@be

I agree with your comment. It could be that numbers will be bad, and could be used as cover for doing layoffs after reporting.

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Post ID: @fs+1kk6qhmaa

If they were this week, we would already know.

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Post ID: @fp+1kk6qhmaa

Told you

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Post ID: @eb+1kk6qhmaa

@a4 I agree that it probably won't be during earnings week. But never say never. If O has good numbers on Tuesday they will probably ride that out first.

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Post ID: @be+1kk6qhmaa

@a7 fake news

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Post ID: @av+1kk6qhmaa

I was laid off last September, on a Monday. Best of luck to those affected.

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Post ID: @at+1kk6qhmaa

How can they revoke before training managers about layoffs

What training? They read from a script, and in two minutes it's over.

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Post ID: @aa+1kk6qhmaa

@a7 How can they revoke before training managers about layoffs? If RIF lists were due this Friday, doesn’t it need some planning and training before layoffs? Are they revocation requests that are queued or org changes?

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Post ID: @a8+1kk6qhmaa

OIM is already scheduled for revocation of access for thousands

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Post ID: @a7+1kk6qhmaa

@OP And it won’t be probably in Europe because of work councils or whatever delayed last layoffs round to October or later

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Post ID: @a6+1kk6qhmaa

I doubt Tuesday as well because it is earnings date. Oracle never layoff in earnings date.

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Post ID: @a4+1kk6qhmaa

It’s usually Tuesday, salesforce did its last two major layoffs Tuesday

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Post ID: @a3+1kk6qhmaa

@a1 yes the layoffs are coming, but tomorrow is not the day

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Post ID: @a2+1kk6qhmaa

The Oracle layoffs will slash the jobs of around 20,000 to 30,000 employees, the report said.

“Both equity and debt investors have raised questions regarding Oracle’s ability to finance this buildout,” TD Cowen said in its report, according to CIO.

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Post ID: @a1+1kk6qhmaa

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