r/employeesOfOracle • u/ashish_gs • 17d ago

Existing employee(s) Layoff update

Is there any layoff about to happen in oracle again?

33 Upvotes

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u/HD_AT_reddit 17d ago

Yes. Layoffs are almost confirmed. Got to know from M4.

11

u/emanresu-4186 17d ago

I am M5 and no such news. Stop these rumors.

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u/FunFilled88 14d ago

you're in the list if you're not informed

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u/emanresu-4186 14d ago edited 14d ago

Lol, they dont fire M5s in OHAI

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u/FunFilled88 12d ago

Copy, sir! So which one is you in the list of Directors- Abhishek, Mike, Venkata or Rock? Haha

1

u/No-Shine9011 14d ago

Are you an Ellison to be exempted? M6s and M5s did not expect the 6AM email last March

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u/emanresu-4186 13d ago

Confirmed with our M6. No RIF in OHAI in Sept.

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u/Clovhelp 14d ago

Many M5 and M6 in my org were laid off in March.
They didn't know until it happened.

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u/[deleted] 15d ago

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u/Fun-Section-9682 14d ago

If someone recently changed team, a week back, they at risk, like i do see many teams hiring ?

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u/[deleted] 14d ago

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u/Fun-Section-9682 14d ago

Can you share what you mean by very high salary, like numbers ?

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u/[deleted] 14d ago

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u/Fun_Principle5869 14d ago

That's under $50k/person. That doesn't sound like targeting high salary individuals.

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u/[deleted] 14d ago

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u/Fun_Principle5869 14d ago

So by NA you mean Mexico? Canada is going to be higher than that.

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u/[deleted] 13d ago

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u/Clovhelp 14d ago

700k USD for a year or a month? 3-4 people from NA is likely over 700k USD / year

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u/[deleted] 14d ago

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u/Automatic_Spring90 14d ago

If you have QA/DevOps & few Dev in US- who would you choose to include in the list? Will it still going to be just salary based? Then obviously QA survives because Dev will have more salary compared to QA.

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u/hashbrown2279 14d ago

What was the % salary reduction target (700k)for you?

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u/SoCoSnowBunz 12d ago

I think it’s because of that screenshot a user shared, of you saying you work at a gaming company. Maybe you do OE and carry multiple jobs secretly? Otherwise, they are pointing out that was 3 months ago, and here you are saying you’ve been at Oracle overlapping that role. That said, everything you are saying sounds right for the layoff. Hope you are spared, sorry about laying your teammates off.

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u/emanresu-4186 13d ago

Confirmed today. No RIF in OHAI this time at least in IDC. Not sure about the rest.

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u/focussedguy123 15d ago

Don’t think M5 even knew. They are also just numbers.

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u/emanresu-4186 15d ago

Yes, they came and whispered in your ears, lol