Does anyone know if Oracle is going to lay off the new hire as well? Will FACP affected? #tech #oracle #oraclelayoffs
LiFO
Is OCI also impacted ? Or about to be?
saw bunch of sde posts on LinkedIn yesterday
I only saw one sde post which looked like non oci
What is FACP?
I think OCI is hiring just got approached by recruiter but now I am confused why are they laying off.Instead why not move people for one org to another
This is to reduce salaries. All companies will do layoffs and hire for cheaper later
Gotcha!
They’ve done it before.
That’s because new hires usually make more money than old timers..
Probably less of that and moreso the old timers being the ones who keep the lights on and know how everything works (I assume)