Stock has actually gone up 6% in the last 3 months. Quarterly revenue up yoy. Solid cloud play. TC 430k Yoe 14 #Google #FAANG #meta #Amazon #Microsoft #Cisco #Oracle
Oracle invented layoffs
Please explain.
Def not safe rn
Some orgs are pretty stable right now
There were layoffs just now. Also, when I was there, pretty tough wlb. Clay and his “if we burn them out we will just hire more”
Been in the wringer before
Oracle did layoffs back in August when everyone was silent.
Recent One on Nov 1st.. 200 people laid off with 15 days notice
Oh wow but nobody cares about Oracle talent lol 😂
Oracle just did another round of layoffs last week. Lots of SWEs impacted. They’re just quieter about layoffs than most companies. Definitely no safer than anywhere else right now.
OCI just had layoffs. More layoffs are coming. Oracle has constant layoffs.
Maybe safe to hold on the stock, but not to stay
Not safe at anytime due to continuous layoffs
Safe? Sure. But so is Mcdonald’s. Just because it’s safe doesn’t mean anybody wants to work there.