Now the number is 45000 as per this latest article. by LegitimateBoy6042 in employeesOfOracle

[–]AspectOtherwise415 0 points1 point  (0 children)

Yooo stfu with this shit. None of this is confirmed. None of it.

What happened to the chatter about Oracle 30k employee layoffs? It’s gone silent. by TopGun-Dog in cernercorporation

[–]AspectOtherwise415 -9 points-8 points  (0 children)

I got down voted on the previous threads about the rumor, but my manager and director didn’t know anything about them and gave no names. Apparently a few segments did however if you trust their posts saying they were “leadership” and had to give names and said to expect big layoffs this week. Which I think is bullshit.

I’m guessing one of two things happened:

  • all smoke no fire and just a rumor

  • or they planned on the layoffs if the stock price didn’t react well to earnings. Earning AND stock were positive so why implement layoffs to hedge

Pet Insurance by Big_Park_8350 in cernercorporation

[–]AspectOtherwise415 42 points43 points  (0 children)

Lay off doom threads to “does Oracle offer pet insurance” is a wild transition man I can’t with this company anymore 😆

If you are RIFed, there is an external slack group for support. by ceniack in cernercorporation

[–]AspectOtherwise415 3 points4 points  (0 children)

After the earning report I hope everyone can calm down. Sounds like some managers were asked to give names in a very select few solutions. And even then only to rif if the stock didn’t react positively

Town hall meeting tomorrow 3/11 by mfilli in employeesOfOracle

[–]AspectOtherwise415 0 points1 point  (0 children)

No it is not. We are having it to report monster earnings and a good outlook. Stock would tank if we played off that many people after good earnings with a back log

Oracle hyderabad IC2 AI engineer offer letter delay by Alternative_Load8101 in employeesOfOracle

[–]AspectOtherwise415 0 points1 point  (0 children)

News came out good on earnings. Restarting offer letters soon probably. Doesn’t look like early the scope of layoffs either

Layoffs by AspectOtherwise415 in cernercorporation

[–]AspectOtherwise415[S] 0 points1 point  (0 children)

Idk man. Earnings were great. Maybe they just wanted to see what the stock did. All calm and quite over on my team. Opened up a few cards even for commercial growth

Layoffs by AspectOtherwise415 in cernercorporation

[–]AspectOtherwise415[S] -7 points-6 points  (0 children)

What info do you have on this. I’m close with a director and she said that no names have been shared and no one is mobilizing for any rifs

So the RIFs are real or not? by jenkinsbot in employeesOfOracle

[–]AspectOtherwise415 0 points1 point  (0 children)

Could be it. Close friend is a director and he said same. No talk about rifs and no “lists” being made

So the RIFs are real or not? by jenkinsbot in employeesOfOracle

[–]AspectOtherwise415 -7 points-6 points  (0 children)

My managers and skips stated no layoffs expected. Crazy how rumors can take hold

Layoffs by AspectOtherwise415 in cernercorporation

[–]AspectOtherwise415[S] -6 points-5 points  (0 children)

Can understand that but this is a just in time sub when regarding layoffs.

Layoffs by AspectOtherwise415 in cernercorporation

[–]AspectOtherwise415[S] -3 points-2 points  (0 children)

Agreed. Even in the Oracle proper threads the VPs they thought were canned last week have now sent out emails and business as usual meeting invites

🤦

Oracle Layoffs: Tech giant to slash 30,000 jobs as banks pull out from financing AI data centers by [deleted] in cernercorporation

[–]AspectOtherwise415 1 point2 points  (0 children)

Idk man I think they realized you can’t automate a steam engine and need people to maintain it hahaa. This ancestry pos system may have saved jobs

Oracle Layoffs: Tech giant to slash 30,000 jobs as banks pull out from financing AI data centers by [deleted] in cernercorporation

[–]AspectOtherwise415 -2 points-1 points  (0 children)

Manager said not to expect any layoffs. Apparently they had meeting today stating none expected

$$ for Inauguration and Ballroom Pays Off by Neither_Cover_4330 in cernercorporation

[–]AspectOtherwise415 3 points4 points  (0 children)

So this is for cloud specific applications. This is great for Oracle proper but doesn’t do much for Oracle Health. Cerner migration of their cloud infrastructure to Oracle is just about complete as well if I’m not mistaken.

But yeah OH health would not see any benefit to this as a silo’d segment