Is another layoff imminent in Oracle for OCI product line ?

Comcast / Eng
ztgo06

Comcast Eng

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St. Jude Medical
BIO
UI dev
ztgo06more
Apr 6 35 Comments

I started with Oracle + Dyn less than a year ago. Recent layoff was scary. I’m in work visa. So I’m scared more if there is another layoff in the near future

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TOP 35 Comments
  • Microsoft ImAwesome
    Yes, I can confirm they are coming. Just got told in a meeting on Friday.....hasn’t been decided which team and stuff but LT has recognized they need to cut more cause they ran out of budget
    Apr 6 5
    • F5 Networks RRA
      I'm ignorant. Who is LT?
      Apr 7
    • Microsoft ImAwesome
      Leadership Team
      Apr 7
    • F5 Networks RRA
      Thanks. So OCI Mgmt basically realized that they overhired and need to cut back?
      Apr 8
    • Microsoft ImAwesome
      I don’t know if overhire is the right term. They just want OCI to make profits like the database business but it takes years to be profitable in cloud. And Oracle LT doesnt want to wait and are slashing budgets since OCI isn’t a profitable business.....
      Apr 8
    • Oracle fufuckodfh
      Do you know which teams will be impacted?
      Apr 10
  • Oracle lpujgt$4
    Layoffs are part of life. Always be ready with leetcode.
    Apr 6 1
    • Yahoo
      jjcxfn

      Yahoo

      PRE
      Salesforce, LinkedIn, Microsoft
      jjcxfnmore
      +1
      Apr 7
  • Oracle / Mgmt aiabc
    No one is safe more layoffs are coming and keep
    Coming this year
    Apr 6 3
    • Apple >#
      what is your opinion on how safe Dbaas team is?
      Apr 6
    • Oracle / Mgmt aiabc
      Db team is the most safe ones , specially because Larry takes special interest on those , and until amazon comes up with the solution they promised to move out of Oracle db and open it up for public on aws ,Oracle dbs is still the market leader ...:

      P.s -
      I am not from the db org
      Apr 6
    • Comcast / Eng
      ztgo06

      Comcast Eng

      PRE
      St. Jude Medical
      BIO
      UI dev
      ztgo06more
      OP
      Totally agreed. Since I’m in visa and my visa is going to expire by November 2020
      Apr 8
  • Oracle OCI
    No job is safe here. TC is high enough to compensate for the lack of any job security.
    Apr 8 3
    • Microsoft ImAwesome
      It is not....is it? Share TC plz?
      Apr 8
    • Microsoft (6?&7@2/:)
      Not worth it for the folks on h1b.
      Apr 8
    • Oracle OCI
      I’m not willing to share my TC. I fail to see how my personal situation is relevant to the discussion. It was high enough to convince me to join. My point is that TC is really the only draw here. It’s not like people join Oracle because they think Hurd or Ellison are tech visionaries who will do amazing things. 🤣
      Apr 9
  • LinkedIn / Eng BenCho
    Oracle is firing in India too. 100 gone .. 300 more tomorrow
    Apr 10 2
    • Oracle oracle123
      When did they layoff 100? I believe that's old news
      Apr 11
    • LinkedIn / Eng BenCho
      Last week. This week 300 more. My friend got impacted
      Apr 11
  • Oracle oracle123
    More cutting coming in Dyn for sure
    Apr 6 0
  • Deutsche Bank hgfcbcfy
    What is the problem? What areas are affected by the past and coming layoffs?
    Apr 7 1
    • Microsoft ImAwesome
      OCI...the company wants OCI to demonstrate profit and isn’t willing to invest until it does.
      Apr 7
  • Microsoft (6?&7@2/:)
    More layoff coming soon. Visa folks should stay away from Oracle.
    Apr 7 0
  • Oracle / Other
    IRnk30

    Oracle Other

    PRE
    Microsoft
    IRnk30more
    Change fast, don’t wait to be let go, especially if you’re on a visa.
    Apr 6 0
  • Oracle / Mgmt aiabc
    How about fusion apps and teams under Steve Miranda ?
    Apr 8 1
    • Microsoft ImAwesome
      Fusion Apps is fine. It’s OCI that’s under pressure
      Apr 8
  • Oracle yamika
    Employees are paying for the bad planning of management
    Apr 11 0
  • Oracle sardar.im
    North America is done for now... until next quarter
    Apr 7 0
  • Deutsche Bank hgfcbcfy
    Is hiring unfrozen in OCI?
    Apr 7 1
    • Microsoft (6?&7@2/:)
      No. Hiring is still frozen.
      Apr 7
  • F5 Networks RRA
    Are Seattle folks worried about layoffs? I assumed they were safe...
    Apr 6 1
    • Comcast / Eng
      ztgo06

      Comcast Eng

      PRE
      St. Jude Medical
      BIO
      UI dev
      ztgo06more
      OP
      Seattle folks got affected a lot.
      Apr 8
  • AIG / Product
    Raging

    AIG Product

    PRE
    Deloitte Digital
    BIO
    Counseling CxOs for AI-first strategy !
    Ragingmore
    YES
    Apr 8 0
  • Microsoft crazybabyz
    Haha. Nice
    Apr 7 0
  • Apple >#
    which product/team are you on? which office location?
    Apr 6 0