This was just posted on The Layoff and I was surprised to see it since OCI has been touted as Oracle's savior. (My partner worked at Oracle decades ago and still has - or had - several colleagues there.) OCI NORTH AMERICA WAS JUST GUTTED I was on the call with most of OCI's N/A division, and everyone who was on the call was laid off (including me.) Technically we're still employees until the 15th of this month, and we're still awaiting details of our severance, next steps, etc. Sounds like Oracle no longer wants to be heavily involved in startups and the next move is everyone outside of N/A who's still employed will be merged under existing leadership. Even the head of our org was let go. I don't have any other details outside of that, but feel free to add to this thread as this develops. I'm sorry to all of whom were impacted by this, and good luck everyone. TC: $104K (tech research and writing)
Sorry to hear this. How many years you worked for OCI and what’s your TC there ?
My spouse left Oracle for Microsoft year's ago, but at least a half dozen colleagues are still with Oracle.
Then how were you in a call where Oracle people are laid off? Are you part of a firm that tells people that they're being let go?
Oracle should die
Can confirm. Things are looking bleak in OCI too.
What do you mean?
Sorry to hear. I have old colleagues who were all hired to OCI in Austin (Not from grubhub, from my last gig at a non-tech fortune 500). Some were simply not very good, not to be rude. OCI seemed like they were hiring anyone.
Yep. The bar at OCI was super low. We privately called the team from OCI that we worked with, “Azure and AWS rejects”. I cleared an interview loop with them 3 months ago but a couple internal folk talked me out of joining OCI.
Sorry to hear this. But can i please know that do they pay any compensation to the laid off employees like equivalent to few months salary or something?
The report is a one month base + an additional week for each year of service.
“+1 week per year of service” 😭 So 10 years is just 2-2.5 months
OCI product is garbage
Indeed is hiring! DM me for a referral.
I recently got offer in OCI and joining is next Monday. Do I need to re consider my decision ?
Yes, i sent a message
I think oci devs will do alright
OP your not in engineering or PM, right?
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It's a recession when other people get laid off and a depression when you get laid off.