Will I regret leaving Oracle - OCI ?

Oracle
Potato!!!

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Potato!!!
Nov 13, 2020 17 Comments

I'm currently working as Snr. SWE ( IC3 ) for OCI VN team and i have good amount of stock which are yet to vest. I have an offer from Salesforce for SRE role with higher compensation. I don't enjoy working at oracle in even though it has good WLB, i feels like i'm not learning anything new in my current role.
I'm considering moving to salesforce but major confusion is about the stock, is OCI going to be a major cloud provider? if that happens i'm gonna miss out all the benefits of increased the stock price.

1. Do you guys think OC will become major Cloud Provider ?
2. Will oracle stock price cross 200$ in next 2-4 years ?
3. Is it worth taking salesforce offer ?

Current TC: 26 LPA
Offer: 35 LPA
YOE: 4

#oci #comp #stock #oracle

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TOP 17 Comments
  • you are getting 30% bump
    salesforce will give shares as well
    oci will not be next big thing soon ..there are more bigger players there already ..
    chhose your career goals ..you want to learn ..gain and move or you want to stick to hope that may be your stocks would make you somewhat richer by few thousand $.
    Nov 13, 2020 3
    • Investment Bank
      Coasts

      Investment Bank

      Coasts
      This + Oracle has layoffs every quarter. Once Ellison is gone, there will need to be substantial changes for the company to survive.
      Nov 13, 2020
    • Oracle
      noobiesam

      Go to company page Oracle

      noobiesam
      I don’t thing LE is going anywhere but my guess would be that they would make DJ take his place which is good enough
      Nov 13, 2020
  • Uber
    IQuitUber

    Go to company page Uber

    IQuitUber
    Why move for 35? Don't mind , but your TC looks low for an SWE with 4 yoe, your peers in FAANG rake in more than 50l+. If you get an offer of 50+, then make a move.
    Also, there usually isn't much to learn from each job beyond the initial few months and first couple of projects.
    Bottomline, use Salesforce offer to get better offers else stay back.
    When do your stocks best btw?
    Nov 13, 2020 1
  • Amazon / Eng
    lc_medium

    Go to company page Amazon Eng

    lc_medium
    It's difficult to predict what will happen in the future but most likely oracle is not going anywhere with their cloud business.
    I thought learning wise OCI should be good, but if that's not the case you should try to move to google/uber/amazon etc. All of these companies pay 50+ for your yoe.
    Nov 13, 2020 0
  • You will not enjoy SRE in salesforce. If you do join, come back and answer 6 months later. No, no and no
    Nov 14, 2020 0
  • Oracle
    noobiesam

    Go to company page Oracle

    noobiesam
    How many years at oci?
    Nov 13, 2020 1