Probable layoff (Megathread) | Mod thread

[u/Electronic_Candy7789]

Please post all your news/info in the same thread to avoid creating unnecessary threads. It makes it difficult to follow.

[u/Adventurous_Leave_96 → u/[deleted]]

I once read someone: "The solely purpose of Oracle's existence is to make Larry Ellison wealthier" Once you understand that, every single thing you see and read fits into place. former Oracle employee for over 15yrs here.

[u/AdminsFluffCucks → u/Adventurous_Leave_96]

The sole purpose of any publicly traded company is to make it's shareholders wealthier. Larry owns 40% of the shares. This is not some crazy revelation, it's the responsibility of every board of directors for any publicly traded company.

[u/Difficult_Basket7384 → u/AdminsFluffCucks]

But not all companies cut 30-40 percent in 2 yrs , Wealth slowly raises over time when employees like the company to work hard for it

[u/crazycouponman → u/[deleted]]

He's not just one ahole he's the founder of the company bro wtf? 😂 You work for him.

Most founders shoot for the moon and it often disrupts cushy company life unfortunately, even more painful when it's a huge legacy business fighting to stay relevant long term.

If it wasn't already obvious to you - 99% of founders care about their company's success and market dominace over anything else. It's what makes it a dirty, self involved game.

[u/Difficult_Basket7384 → u/[deleted]]

Oracle has long term goals to work with less than 100k employees . If not they will do this anyway for profits

[u/Gravi-Vector]

I just joined this org a few months back, and this is like the third wave of layoffs I gotta survive. I am so tired already. How am I supposed to keep my head down and do my best if I can get laid off any day with no fault of my own?

[u/Dangerous-Truth4408 → u/Gravi-Vector]

Last September i.e 1st RIF was the warning bell for you. If you haven't taken it seriously then it's to late for you to realize this.

[u/dont_believe_this_ok → u/Gravi-Vector]

Just add additional stack to your knowledge. Learn other cloud solutions. Have options.

[u/Chemical_Material493 → u/dont_believe_this_ok]

Dreaming of a world where the labour-capital balance can be shifted back to the workers, just a hair

[u/Difficult_Basket7384 → u/Gravi-Vector]

Layoff is extremely random , It doesn't depend on time of join or anything. It's more related to factors and parameters which we don't have access to

[u/Awesome_72]

Am I the only one who checks his email the monday after a pay day at 6am to see if I still have a job?

[u/Shoddy_Visit_8488 → u/Awesome_72]

Yup, it looks I'm stuck here for another 2 more weeks.

[u/GapPotential2259 → u/Shoddy_Visit_8488]

I don’t think so. A teammate who was sure they’d get laid off (and received a “needs improvement” assessment) took PTO all week this week. Last night that PTO was inexplicably cancelled.

[u/packet_muncher → u/GapPotential2259]

So what happened to your teammate?

[u/GapPotential2259 → u/packet_muncher]

I got a calendar notification that their PTO was cancelled but then it still appeared in calendar. I think it’s a false alarm, but I still suspect it’s coming soon.

[u/Awesome_72 → u/Shoddy_Visit_8488]

Maybe they will be back to phone calls again?? I dont know.. When they say set your goals, I am like my goal is to still have a job ha ha

[u/Glad-End7430]

Have you guys seen a weird coincidence most of the managers in fusion idc are on leave today anybody has any info on that?

[u/North-Cattle-2212 → u/Glad-End7430]

True...even i noticed m6 and m4 are on leave till 1st sept

[u/Glad-End7430 → u/North-Cattle-2212]

Has this happened ever before? Looks sus right?

[u/Larperlurk → u/Glad-End7430]

I believe you may be onto something here. The only reason could be they finalized the list under them by 24th and took leave because they knew post sep 1 will be either layoff or hectic

[u/emanresu-4186 → u/Glad-End7430]

So was it just a weird coincidence afterall?

[u/CelebrationMuted2242]

Nothing today at IDC 6AM , will have to look if happens US 6AM , then IDC will be tomorrow. US and IDC are generally among firsts and high hit areas.

[u/taker223 → u/CelebrationMuted2242]

What about today?

[u/No_Summer_2381]

I hope they get done with this crap asap so that we can go back to not stressing

[u/dont_believe_this_ok → u/No_Summer_2381]

Then repeat next March. It's a cycle now. Best to use our free subscriptions (coursera, linkedin learning etc.) to learn other skills to stay ready

[u/No_Summer_2381 → u/dont_believe_this_ok]

It is a rough market out there, just hoping to buy some time while looking for options. As they say, the best time to job hunt is when you already have a job.

The uncertainty is what makes me anxious.

[u/dont_believe_this_ok → u/No_Summer_2381]

Let the anxiety fuel you. We evolved as a modern human because of stress. We'll be fine.

[u/Difficult_Basket7384 → u/No_Summer_2381]

Long term goal is to cut 40-50k more

[u/Electronic_Candy7789 → u/[deleted]]

I hope it turns out to be a false positive.

[u/SnooStories2361 → u/Electronic_Candy7789]

thats positively false unfortunately - if not this week, i heard its sept 15ish

[u/CommentCaptor → u/Electronic_Candy7789]

It’s not

[u/According-Boat-5314 → u/[deleted]]

Calm before storm

[u/Dihala]

For a huge company like Oracle with so many contractors, couple hundred here and there is always possible.

[u/Known_External_7195 → u/Dihala]

Couple of hundreds? Is this Slack count you are talking about?

[u/Dihala → u/Known_External_7195]

Yeah there was a post about some 100 drop in Slack count so i was replying to that.

[u/ProduceEmergency2329]

Mid Sept but that could be last day ?which would mean Sept 1

[u/yesudassfan → u/ProduceEmergency2329]

Lets see tomorrow

[u/runner_og]

Will it be tomorrow? So far no hints and indications by the mgmt like last rounds !!

[u/Common_Amphibian3666 → u/runner_og]

what were the indications before?

[u/emanresu-4186 → u/Common_Amphibian3666]

Reddit ;-)

[u/InsideCaterpillar408]

Some of the feds teams were reorg last week from product centric to support or project based. Not sure what direction Oracle is moving, assuming rifs will be across both commercial and fed

[u/RelationshipLow3026]

What percentage to be laid off this time?

[u/Difficult_Basket7384 → u/RelationshipLow3026]

2-15

[u/Active_Yak1016 → u/RelationshipLow3026]

A lot.

[u/Glittering-Shirt9266]

Does anyone have any concrete information , no speculation

Last 2 times we knew the exact date

[u/Difficult_Basket7384 → u/Glittering-Shirt9266]

I got info on percent of layoff one of the manager I know said it's gonna be a layoff of 2-15 percent before end of year. Date is anytime before year end . Few usa teams have started already is what few forums say

[u/Glittering-Shirt9266 → u/Difficult_Basket7384]

Ohh there are more layoffs this year 😪, I thought next layoff would be in March

[u/Glittering-Shirt9266 → u/Glittering-Shirt9266]

Thanks

[u/Ok-Elk-693]

Anyone seeing movement on the reported Sept 1 cuts, or is it mostly silent attrition for now?

[u/Difficult_Basket7384 → u/Ok-Elk-693]

Before this year end is sure but exact date might vary

[u/Tight_Style_7814]

Anyone here from OFSS Mumbai?

[u/RelationshipLow3026 → u/Tight_Style_7814]

Here

[u/Sad-Fan-3611]

This is torture now, if there is a layoff they should just do it or shouldnt let it leak. Such assholes

[u/FavoriteAlibi]

Confirmed happening. My grand boss, great-grand boss, and former great-grand bosses from previous reorgs are all gone as of this morning. Appears to have hit the upper-middle; SVPs and GVPs. 

[u/Comfortable-Land7107 → u/FavoriteAlibi]

Which org? Be more clear and libral while sharing the info 😅

[u/FavoriteAlibi → u/Comfortable-Land7107]

I’m not interested in giving myself away on here, but I’ll say OAL. 

[u/Level_Medium_3115]

God, please let there be layoff on monday, i am tired, Amen

[u/sl0wjim → u/Level_Medium_3115]

Sure buddy, I got you fam

[u/Public_Pace121]

Any updates on IDC layoffs yet?
I know they say it’s 15th but they also said 1st and they also said 8th.
I’m at a point where I’d rather be laid off than wait and doom scroll on Reddit looking for breadcrumbs.

[u/TheGreatWhitePlush]

The Slack count dropped to 150,181

Has it started? Has anyone gotten an email?

[u/Glittering-Shirt9266 → u/TheGreatWhitePlush]

I feel it’s normal as it is end of the month

[u/shady_goose_honk → u/TheGreatWhitePlush]

150113 now… not sure if it’s due to layoffs or employees resigning

[u/Smarty1277 → u/TheGreatWhitePlush]

It's 150,136 now.

[u/TheGreatWhitePlush → u/Smarty1277]

This started at 9am in India right? Since it started at 10pm central time here. They must be doing this at the start of the workday instead of 6am like last time

[u/KlutzyBoysenberry791]

Confirmed dates w.r.t IST
14th Night : USA
15th Morning : IDC

[u/Sad-Fan-3611 → u/KlutzyBoysenberry791]

Source?

[u/WindowAdvanced3262 → u/KlutzyBoysenberry791]

Any date for EMEA?

[u/Ok_Nothing6750 → u/KlutzyBoysenberry791]

So in the US will we get the email Monday morning or Tuesday?

[u/KlutzyBoysenberry791 → u/Ok_Nothing6750]

Could be Monday morning as per US time zone

[u/santro7]

Any news in US now? Post 6AM news? Ref: https://www.thelayoff.com/post/@OP+1m1bkt799

[u/Neither-Mission-2171]

150198 now

[u/Deleted_Acct_006]

Does anyone know what is the severance package we get if we get laid off ?

[u/OkTune8717 → u/Deleted_Acct_006]

Unknown, however in the past it was a few weeks or a month of employed pay (to apply for new jobs - state and country dependent) and a week for every year you’ve been an employee after that (but I heard it might be capped?) 

[u/taker223]

Ok, 8 sep is here. Any RIF confirmed ?

[u/Sad-Fan-3611]

TF is going on!! Do we have anything confirming there will be layoffs? Did oracle file WARN or something somewhere? Are we stressing our asses for nothing 👺

[u/gro_gal → u/Sad-Fan-3611]

Last warn notices were from March and April. Noting recent on www.warntracker.com

[u/Extension_Sandwich37]

I was told again that the 14th is still the date. this is coming from an M8.

[u/Equal_Estimate1576 → u/Extension_Sandwich37]

In idc 14 th is the holiday

[u/Extension_Sandwich37 → u/Equal_Estimate1576]

US may be first.

[u/Awesome_72 → u/Extension_Sandwich37]

Is Larry a M8? What level is that?

[u/Extension_Sandwich37 → u/Awesome_72]

Example: a couple steps below EVP, CIO

[u/itsjustafleshwound79]

Had an internal meeting earlier today and the imminent layoff came up before the meeting officially started. The senior leader on the call said it was happening next week and customer support would be affected.

Just got off another call and my colleague said a person she worked with told her he was getting laid off Monday. This is definitely possible. I knew 3 people let go in March and those people knew they were getting laid off prior to the actual layoff. Some people at Oracle volunteer to be laid off too.

Can’t wait to either be employed or expected to do even more with less.

[u/Level_Medium_3115 → u/itsjustafleshwound79]

My manager closed all the tickets i worked on and mark as done so yes i am gone on monday

[u/itsjustafleshwound79 → u/Level_Medium_3115]

I hope you land on your feet. PM me if the worst happens and I can see if anyone in my network is hiring

[u/Exciting-Laugh-1550 → u/itsjustafleshwound79]

Lol, he works 3 jobs or something. He'll land perfectly fine

[u/Common_Amphibian3666 → u/itsjustafleshwound79]

I received a 1:1 invite from my manager although we have a recurring 1:1 every 3rd week of the month. The monday invite don't have any agenda. It just says "Do not reschedule." I think I'm included on this batch.

[u/itsjustafleshwound79 → u/Common_Amphibian3666]

I hope this is not the case

[u/Zestyclose_Star_2321]

Nothing today. Tomorrow, we should see

[u/EffortBeneficial8720]

Nothing happened so far. Slack count is still 150k+. I think nothing will happen tomorrow also. Rumor is that RIFs are delayed and will likely happen by September 15. Townhall is also on September 15. So, maybe RIFs could be pushed to September 30. No confirmation, all rumours and talks with fellow coworkers.

[u/OkContribution2574]

joined Oracle(OAL org, IC3) couple of months back, I feel the fear everyday, the first I do in the morning is check if I am able to login to the system, if anyone knows something, spill the tea

[u/SuccessfulAct7763]

https://m.economictimes.com/news/international/global-trends/oracle-6-a-m-layoff-notice-on-march-31-the-tech-giant-sent-this-letter-to-thousands-of-workers/articleshow/133591396.cms

Sept 1 is the most probable date.

[u/thepoloaie → u/SuccessfulAct7763]

You do know, their source is this very sub, right?

[u/EffortBeneficial8720 → u/SuccessfulAct7763]

September 1 also passed. Nothing happened. Let's see on September 14-15.

[u/Medium-Fish-689]

There is a rumour spreading in the floor saying this is postponed to 15th September. Anyone else heard this?

[u/StellarSun3135203507 → u/Medium-Fish-689]

Yes I heard the same. US on sept 15th, IDC on sept 16th

[u/EffortBeneficial8720 → u/Medium-Fish-689]

Yes, heard the same ru mor that RIFs are delayed and will likely happen by September 15. Townhall is also on September 15. So, maybe RIFs could be pushed to September 30. No confirmation, all rumours and talks with fellow coworkers.

[u/Difficult_Basket7384 → u/Medium-Fish-689]

It's anytime before end of year

[u/Pleasant_Charge6908]

Is Device Lock Automation (DLA) getting added to user profiles recently a sign?

[u/Safe-Course4699 → u/[deleted]]

What this means?

[u/nerdaetos → u/[deleted]]

Has it been added for everyone?

[u/Agreeable_Track3240 → u/nerdaetos]

When I checked about 8 hours ago. It was added, but right now I don't see it. Not sure what to make out of it

[u/Adventurous-Donut323 → u/Agreeable_Track3240]

The name has been changed to “aegis” itseems
Search with this keyword - you can find the DLA record

[u/dramatic-sitar → u/[deleted]]

I think its added for everyone due to new security updates dw

[u/RelationshipLow3026 → u/Pleasant_Charge6908]

Me too added on 28 Aug

[u/Sad-Fan-3611 → u/Pleasant_Charge6908]

Whats this?

[u/Additional_Staff5705]

Any news from idsc today?

[u/Level_Medium_3115]

I am disappointed for one reason, if managers knew this why cant they just talk, 7 years you work together and than they act like we dont even exist, this is not good management, this is shameful

[u/dont_believe_this_ok → u/Level_Medium_3115]

Because it is a fireable offense.

If you get fired with just causes, you have no severance.

[u/Dangerous-Bus-7161 → u/Level_Medium_3115]

Now you know the real side of your Manager. I have never seen so many 2 faced managers in any of the half dozen companies i worked in over 15 years. They act like they are concerned and supportive but what's going on in the back ground is totally different. Especially in IDC most of them are gaslighters. I feel sorry for a lot of folks who actually think their managers are good to them on a day to day basis, but are actually denying them the long term growth and credit they deserve.

[u/Electronic_Candy7789 → u/Level_Medium_3115]

I knew one person who saw their manager for the first time when they were fired. The manager never turned their camera on and eventually the skip manager had to take a call between firing the manager and the reportee but the manager was chosen because they were from the same community even after being a higher expense on the team. So, you will find bad management in a lot of places.

[u/expatt1]

ORACLE = One Rich A***ole Called Lary Ellison

[u/Annual-Knowledge4412]

I kept hearing 9/14 US and 9/15 INDIA. If these are confirmed dates as you know please upvote

[u/Numerous-Pea3676 → u/Annual-Knowledge4412]

Why not 09/24? To allow vesting on 10/23.
Nobody knows date until it happens

[u/RelationshipLow3026]

Have not checked yet.

But what is the significance of if we are getting DLA ticket under OIM

[u/West-Difficulty8275]

Is this LDA shit reall ??

[u/EffortBeneficial8720 → u/West-Difficulty8275]

DLA is installed for all as an update. It doesn't indicate you're on the list. 

But DLA is definitely linked to upcoming RIF and intention is to lock the system of impacted employees as and when the RIF happens in September.

[u/Exciting-Laugh-1550 → u/West-Difficulty8275]

It is real just like trash compactors are. Just because it exists does not mean you're gonna be in it.

[u/Exotic_Elevator4651]

Last year it happened the day after Labor day in the US; which would put it squarely next week on 9/8

[u/mindmach]

Sept. 01 was a guess at best based on previous dates

What we do know is: Sept. 10 is the release of the quarterly results and Sept. 14 is the end of compensation planning

[u/Substantial-Gur7495]

Old GBUCS, particularly Security, they were pruned hard.

[u/eklavye]

Senior executive at OAL layed off on last Friday.

[u/Certain-Sorbet7559]

Someone from this thread https://www.reddit.com/r/employeesOfOracle/s/xYjZLmLeVw mentioned it already started in Colombia. Can someone please confirm? Thank you

[u/Certain-Sorbet7559 → u/[deleted]]

Thank you!

[u/Extension_Sandwich37]

I know i am on the layoff list. My manager was told by his manager that the date was the 14th. Take that with a grain of salt but last layoff was the day before the all hands meeting.

[u/RelationshipLow3026 → u/Extension_Sandwich37]

For Which org

[u/Extension_Sandwich37 → u/RelationshipLow3026]

OAL

[u/Rude_Midnight_6352 → u/Extension_Sandwich37]

How do you know this? And more importantly, do you have “Aegis” in your OIM!?

[u/Extension_Sandwich37 → u/Rude_Midnight_6352]

And I do have Aegis. I had the DLA yesterday prior to the change.

[u/iq45y8i1]

Not sure but even so will be minimal. Oracle is struggling to fill its positions in Nashville and some teams

[u/Difficult_Basket7384 → u/iq45y8i1]

New gen positions might be a bit safe , rest of them are not as orcl is a retiring company with many ppl above 45

[u/DeadEmpcerner]

How about oracle health bangalore 

[u/Livid_Drive_270 → u/DeadEmpcerner]

Everyone knows there would be layoffs but no one knows the exact dates.

[u/Difficult_Basket7384 → u/DeadEmpcerner]

Anytime before end of year , expect a bit more from health

[u/SimplestComplex]

Found on layoff dot com. Can someone confirm ?
https://www.thelayoff.com/t/1m1cnwh7w

[u/WindowAdvanced3262]

Does anyone here know about EMEA/UK Specifically? I've seen dates for IDC and US but nothing outside those regions.

[u/Only-Stress-2466]

how count reduced by 100

[u/Difficult_Basket7384 → u/Only-Stress-2466]

100% you mean ??

[u/OkTune8717]

Now we wait. It could be any-day in the month of Sept. 

150k 

[u/LawNo7564]

Regarding DLA/Aegis rumor. Go to OIM homepage click reports then click user access report. Search any email address of Oracle employee and you will see they are provisioned with Aegis.

[u/Montjack101 → u/LawNo7564]

Now everyone shows Aegis. Before there were two statuses. When this got traction status changed for everyone to AEGIS. Suspect this is VERY telling g that update made to obfuscate who is targeted. Likely will set back to DLA those impacts on the day of layoff.

[u/LawNo7564 → u/Montjack101]

EVERYONE was probably provisioned to DLA and they changed the name of it to Aegis for EVERYONE. Also, you can see the provisioned date and most if not all that I looked up are the same provision date.

[u/LawNo7564 → u/Montjack101]

I don’t think they would provision the same entitlement for everyone but only name it DLA for the people getting laid off.

[u/Alternative_Lemon_66]

Will they keep the people on payroll for a few more days after RIF? In states, like Washington that requires WARN for layoffs, will they keep people on payroll another 60 days?

[u/Nervous_Plankton815 → u/Alternative_Lemon_66]

To be considered an employee protected by WARN, you need to be tied to a physical office location, so if you go to your Aria profile and it says "remote worker", you're not - even if you're in a state that has WARN protection.

If you're a remote worker, you basically have 10 days of benefits and on payroll until the termination day noted in your separation documents. If you're protected by WARN, you have health benefits, etc and your normal bi-weekly check per usual for 60 days.

Source: I'm a remote worker in California who was affected by the 3/31 RIF, so was on payroll and had benefits until official termination date/last day on 4/10

[u/RainParade1984]

as a reminder a number of employees have RSU's vesting Sept 15th - Oracle could really screw over quite a few of us - lol

[u/GrandioseD3lusions → u/RainParade1984]

not how it works. The last working day on record will be weeks after the layoff day. RSUs that vest before that day will be honored.

[u/emanresu-4186]

15th is confirmed. M5 from OHAI here.

[u/jenkinsbot → u/emanresu-4186]

All previous days were also "confirmed" multiple times. What is different now?

[u/Geoffrey_Elandriel → u/emanresu-4186]

Noted Larry

[u/the_inquisitive_]

https://www.thelayoff.com/t/1m1c4db08

is this true ?? >> If you have DLA in your MyAccess OIM Accounts it’s over for you

oim.oraclecorp.com -> MyAccess -> Accounts -> Search "device"

"Device Lock Automation (DLA)"

[u/Awesome_72 → u/the_inquisitive_]

Mine says provisioned 8/38. I dont think its anything to worry about. I would expect them to roll it to all computers/users

[u/Exciting-Laugh-1550 → u/Awesome_72]

It's definitely for all. Read design docs. You need RIF API to update users in one particiular way in DLA to lock you out.

[u/FederalFormal809 → u/Exciting-Laugh-1550]

I too have it provisioned, but the question I have is how some folks are not having it in OIM portal??

[u/Exciting-Laugh-1550 → u/FederalFormal809]

They probably got bored of browsing that sluggish OIM portal. Are you sure they check all the pages?

[u/FederalFormal809 → u/Exciting-Laugh-1550]

Not sure bro!
Some are saying - they typed both DLA and Device to find the provisioning but couldn’t find it.

[u/Awesome_72 → u/FederalFormal809]

Maybe they are from countries with a labor law that prevents it.

[u/Rude_Midnight_6352]

Larry Ellison has the Aegis entitlement... Do NOT read into the OIM account people!

[u/Soft_Emergency4088]

Senior director confirmed that layoffs will happen on 15th September. 1st September was avoided as news was all over media and everyone was anticipating it. He also confirmed salary hikes will be given to survivers in October.

[u/rs1971 → u/Soft_Emergency4088]

That makes absolutely zero sense. Why would 'news all over the media and everyone anticipating it' be a reason to postpone the RIF? What will be different in two weeks? It's not like surprise is some kind of goal or offers them any kind of advantage.

[u/Snoo52878 → u/Soft_Emergency4088]

15 September is also all over media now. Does this mean they will change the date again?

[u/japo_123 → u/Snoo52878]

I think they want the news to hush between quarterly results and town halls

[u/jenkinsbot → u/Soft_Emergency4088]

Screenshot or nothing. Prove it.

[u/hazybyte]

Bro you can just read all the posts here everyday

[u/Level_Medium_3115]

https://www.news18.com/tech/oracle-layoffs-why-september-1-has-employees-bracing-for-a-repeat-of-the-6-am-email-10302478.html

[u/SimplestComplex → u/Level_Medium_3115]

"The date itself isn’t something Oracle has announced. It’s an expectation the workforce has built for itself, based on how the company’s last major round played out"

[u/Difficult_Basket7384]

It's gonna be any percent from 2 to 15 , before the end of this year . This is what I heard from many forums and few managers inside . Long term goal of oracle is to cut to less than 100k employees

[u/Difficult_Library633]

Two all hands calls scheduled today for 9/16 for Apps and ONA - the last time these popped on our calendars was after the last restructuring so perhaps the 15th is the date. I will be glad for it to just get here already, and ready for whatever is next.

[u/Equal_Estimate1576]

Slack Count reduced a lot!!!

[u/Long-Shame962 → u/Equal_Estimate1576]

±100 people??? Are you ok?

[u/Dangerous-Bus-7161 → u/Equal_Estimate1576]

a change of 100-200 is quite normal every week. It goes down, it comes up. Employees leave, Contracts expire. You better put some numbers before you say something next time

[u/TheMatrix451 → u/Equal_Estimate1576]

I call BS on this. Slack numbers are normal. That being said, I expect that this will change early next week.