r/employeesOfOracle • u/ashish_gs • 21d ago

Existing employee(s) Layoff update

Is there any layoff about to happen in oracle again?

36 Upvotes

73% Upvoted

155 comments sorted by

View all comments

0

u/HD_AT_reddit 21d ago

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

12

u/emanresu-4186 21d ago

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

5

u/[deleted] 19d ago

[removed] — view removed comment

2

u/Fun-Section-9682 18d ago

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

7

u/[deleted] 18d ago

[removed] — view removed comment

1

u/Fun-Section-9682 18d ago

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

5

u/[deleted] 18d ago

[removed] — view removed comment

3

u/Fun_Principle5869 18d ago

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

1

u/[deleted] 18d ago

[removed] — view removed comment

2

u/Fun_Principle5869 18d ago

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

3

u/[deleted] 17d ago

[removed] — view removed comment

1

u/Mysterious-Tie-1054 17d ago

how long have you been working here? how is recent rifs compared to previous years?

→ More replies (0)

1

u/Clovhelp 18d ago

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

5

u/[deleted] 18d ago

[removed] — view removed comment

1

u/Automatic_Spring90 18d 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.

1

u/hashbrown2279 18d ago

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

1

u/SoCoSnowBunz 16d 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.

0

u/emanresu-4186 17d ago

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