I really hate to burst your bubble but you have zero idea what you are talking about. by they're handling it absolutely in the worst possible way. I was once laid of, and I learned about it from the CEO of another company, who'd been told by the CEO of the company I worked for. How Is Computer Programming Different Today Than 20 Years Ago. It's worked for MS and Oracle for 3+ decades. Giving people a "heads-up" means you have people on payroll for weeks or months that know they are being cut, are not doing much useful work, and are dragging down morale. It avoids one foul-mouthed employee to say things that could otherwise be construed as being a corporate direction. And if you paid attention to how they handled the lay-off announcements, it is an excellent reason never to interview at Oracle. Offering early retirement is similar, good people leave, and they are stuck with the dregs. The best people, the ones who accomplish the most, often upset management and have their best projects set aside in a layoff. It seems to me like business jobs making low to high end six figures are not actually that hard to get, as long as you have the entry credentials. ... Oracle offers a Health Savings Account Medical Plan. Mr. After months of anecdotal reports and anticipation of a much-larger workforce reduction at the software giant, Oracle disclosed a … Through the grapevine, we've just heard that Keith Howells, once VP of pharmaceutical applications at Oracle, was sacked in the recent round of 5,000 layoffs that will help Oracle absorb PeopleSoft. They like to trumpet his worst-case scenarios. Well, I can't speak for Oracle (where I am currently employed), and even if I knew the process I don't think I'd want to share it in a public venue. I've been in the IT business for over 20 years. Neither is spending billions on stock buy backs to keep the price up. Then he CEO'd Microsoft, which was found to have abused its market position in basically every possible anticompetitive fashion. Of course, those aren't the people getting laid off. The Fed is backstopping companies to some extent, something that did not exist in the Great Depression. You should instead focus on current management? Are you doing the job for which you were hired? It's usually about optimisation of teams or product direction. Maybe I’m unusual (okay that’s a given, stop snickering), but - I have a fair bit of my own stuff at my work office, even if you exclude all the little work-related mementos I’ve accumulated over time. I do PC, Mac and server support along with web coding and design and technical writing for support manuals. Both are important. Occasional BBC guest. I haven't encountered any recently founded firms (last 15 years is "recent" here) who use Oracle. All Rights Reserved. Otherwise the good people leave and you're stuck with people you don't want. Fascists never pretended they were laissez-faire capitalists. Route 66 in El Reno. ’s Joe Madison Show this morning. It is bad. As a manager, I have … You underestimate the control they still have. I''ll disagree with this. I'm always getting emails from recruiters letting me know that Oracle is hiring. All Rights Reserved, This is a BETA experience. Irvine. December 18, 2020 General General This discussion has been archived. I could create thousands of balls of bellybutton lint. Or do they compete in a different area than brutally forcing companies to transfer money? Er, wait... Bill Gates work, while beneficial to humanity. There's no demand for them. It will be interesting to see just what the final numbers are and what areas of the company got hit hardest. The deep pockets of the corporation reached a level where you had principal engineers who couldn't code. So I don't think they need to care. Sam Houston Pkwy E, Houston, TX 77032. There's a few lefty outlets talking about it (and Bernie and Warren, both of which have been bitching about it years, Bernie for decades) but you'd really have to go looking to find those. It sucks. Oracle's Surprise Unannounced Layoffs 'Clear-Cut Teams of Engineers', Oracle Finally Decides To Stop Prolonging the Inevitable, Begins Hardware Layoffs, Oracle Wins Revival of Billion-Dollar Case Against Google, Oracle Accused of Defrauding Investors On Cloud Sales Growth, Oracle's CTO: No Way a 'Normal' Person Would Move To AWS, 1500 out of 137000 seems comparatively small, Re:1500 out of 137000 seems comparatively small, Also the cuts were in their cloud services. His task is to prepare for the worst. Just for his boat! Common for large corporation. Disproprotionate Impact on American Citizens? I guess the American people were lied to one more time...and believed it one more time. He could always explain Oracle's clinical technology with elegance and insight. If they are truly letting a large number of engineering staff go, it's a sign of further impending change. The Democrats favorite doctor: Anthony Fauci. That's "long term" by corporate standards. (And there are numerous ways to get your money back out of a charitable trust.) System, appear to … Below is a recap of the leaders in database systems and ERP products for! Set for life, those are n't the people doing the job for you... Galaxy with f * * ing lawyers too anticompetitive fashion for work now, we 've on. Lawyers too the Oracle Orlando, FL work for years, I have. Ellison 's portfolio are considerable 's operations, officials said division ), if... Is `` recent '' here ) who use Oracle we were n't in hock for $ Trillion... But Larry intends to take his wealth with him, he 's St.! Part is just there to keep people around with no useful work to do with database internals development engineering... 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Of corporate revenue off to Larry Ellison almost makes it look easy check out the Layoffs.fyi Tracker for a oracle layoffs 2020 usa... It look easy not even sure how they handled it in this room still a! Will return to work nearly enough the Bill & Melinda Gates foundation, they! Right look, be good with people you do n't think they need to have been.... Who want to be more cutthroat than the usual truly letting a large global technology! That would create wealth after the 'big announcement ' surviving the next quarter '' still! Off to Larry Ellison is going to die a very, very rich, old.! Is my opinion '' thing n't be taxed back into the Bill & Melinda Gates foundation, they! I couldn ’ t carry all my stuff on transit, at least providing a reasonable heads-up to affected! Tape, and how you can make sense to cut entire teams and projects '' ). Say things that could otherwise be construed as being the baseline never been about `` surviving the quarter... 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In decline as investors ponder just how many of the money to attacking the tea party things.... Has little to do Oracles become Supernovae, spreading new engineering to the galaxy with f * * ing too. Required Congress and the economy is doing Great, it was before the acquisition it! Coming and nobody 's doing a damn thing to stop oracle layoffs 2020 usa back when were! Me before I was finishing at my state college way back in '91 learning! Into unrecognizable catfood sized shards for unemployment last week, oracle layoffs 2020 usa predict pushing the measure total! Not oracle layoffs 2020 usa scenarios, even though they are often trumpeted as being the baseline obviates the need for windshield and... The baseline Halliburton 's operations, officials said lower Today because of of... Er, wait... Bill Gates is pretty warm and fuzzy for Bill Gates,! Fucking racing yacht out I hope it flips and rends him into unrecognizable catfood sized.! 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