My whole team got laid off today and many lay offs are on their way at OCI.
Are you serious ? I have an interview coming up with OCI next week
I thought they were doing well
I don’t think they are doing well, it might just be a coverup by buying back stocks to increase their stock value
As per recent quarter reports they are doing well as beginners. 7.9 billion was in revenue and remaining was buy backs.Western digital and one other mid size company moved to oci in December. They are little slow but on right path.
I do not see it in news. Any news link?
The news will start catching traction, probably it might come soon. I got laid off too, so I can say with certainty that lay offs are on their way
Looks like since the execs moved to google cloud, OCI pillars are broken. Sad to hear this.
Is there a severance package? Are you officially unemployed or are you on the payroll for a while longer?
Yes there is but it is very less by any company’s standards
Are you off the payroll immediately or do you have some time for find a new job?
I can’t comment on that as I don’t know about it yet
Which city? What general team?
Seattle, I prefer not to share any information on team names
OCI or OCI-C? SDE's laid off?