Thread regarding Oracle Corp. layoffs

@c0 then maybe, just maybe you will get away without taking it up the a**.

An internal corporate audit is in progress with new CFO

If true then yes, another MASSIVE layoff is about to get shoved down the employees' throats, but they are all used to it by now so no biggie.

@bs none of what you suggest will happen due to the Oracle Doormat Principle.
If you are not clear about the ODP then google it.

@c0 https://www.thelayoff.com/t/1kscqv1vt

@bs what if I am not an engineer ?

@b5: The Danger of Fear and False Confidence
Whether you are paralyzed by fear ("I am not qualified," "The outside tech stack is too new") or blinded by false confidence ("I can easily get a job anywhere," "I am highly technical inside the Oracle bubble"), you are lying to yourself.
If either of these mindsets describes you, you are highly vulnerable today. Not tomorrow—right now. You are at immediate risk of unemployment, and if you stay on this path for another five years, finding a place in the broader market will be nearly impossible.
Staying inside this company offers absolutely zero technical growth. Every day you remain, your skill set actively degrades, making you a much weaker engineer than you were yesterday.
Accept the harsh reality of where the industry is heading. Start upskilling for AI or modern engineering roles immediately, and get out of Oracle before it is too late

Doomsday is coming
You just delaying it by staying

@b4 I am not unemployed, I am still working for O, but dont think it makes sense to aceppt to lower your income by 30% to move to another position in a different company which could be exactly as risky as staying ..

@b1 these kinds of salary declines are common across the tech industry right now. It has nothing to do with you being unemployed. I'm still employed and have been searching hard for 8 months. Two offers, one 40% and one 45% below current OTE. That's how flooded the market is with tech candidates. It's in full meltdown right now and so bad that I'm considering pursuit of a completely different career path. IMO, you should too.

@ah have been on the search since November , 5/6 Interview proceses , made it to the final 3 times , had 1 offer , 30% less OTE compared to O , declined, better to jump off the ship before sinking but not without a lifeboat I guess…

@ag the best is to jump off the ship now by finding a job while you are working at Oracle. Once you get layed off from Oralce, your chances of getting a job with better salary is very difficult because your negotiating power with the new company is low.

Still scratching my head that were actually heading into FY27/28 with all these employees. Thought for sure we would have more blood letting before Vegas sales meeting.

The cost of data centres, hardware, memory price that goes up every year is so bad (im not even talking about Ai costs) the only way to servive is by laying off people. This whole saga is going to collapse within 2 years.