The next wave will start soon.
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In Bangalore, India - people who faked their resumes with BPO experience are retained. Bright engineers who contributed for the growth with exceptonal tech skills are fired.
people with some BPO working back ground, who were hired long back, promoted to the level of Lead, and account managers, relationship managers are NOT FIRED. But, people who were from top technical colleges, contributed immensely for the growth of the company for years have been laid off.
What's going on. Repeated reminders to HR did nothing in the past. These people are mostly know how to be sycophantic and bribe their managers and HR.
Really wonder how they were hired. Again through HR agents. Do nothing. Go find out who are these people who faked their CVs and joined here years back... JUST FIRE THEM first.
here are totals or reductions and additions according to Slack totals since August, when mass layoffs started previous time:
- apr01-apr07: 668 layoffs, and 145 additions (based on Slack regular tracking)
- mar01-mar31: 12446 layoffs, and 844 additions (based on Slack regular tracking)
- feb01-feb28: 943 layoffs, and 1143 additions (based on Slack regular tracking)
- jan01-jan31: 1604 layoffs, and 1834 additions (based on Slack regular tracking)
- dec01-dec31: 1031 layoffs, and 844 additions (based on Slack regular tracking)
- nov01-nov30: 1614 layoffs, and 1327 additions (based on Slack regular tracking)
- oct01-oct31: 2504 layoffs, 1762 additions (based on Slack regular tracking)
- sep02-sep30: 6275 layoffs, 861 additions (based on Slack regular tracking)
- aug14-sep01: 733 layoffs (based on Slack very few data points)
- aug01-aug14: ?2900 layoffs in IDC (based on media reports)
Grand total so far: 30718 reductions; 8760 additions
Some reductions and additions canceled each other out since they happen around the same time time and were not caught by Slack totals sampling not done frequently enough (since I do it manually).
The next SEC 10-k comes out end of May of 2026 for Oracle. You can then lookup the term "employee" to get the real employee count. All else is BS speculation.
And the sun will probably raise tomorrow and the day after too.
@OP Don’t forget about the 14,000 that were laid off September through March 30th!
Other countries still need to go so all part of the same wave
what is a plausible timeline? Sept 1st? sooner?
@ad actually water is not wet, but yes more are obviously coming.
So? Water is wet too.