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Follow us on FacebookOracle may decimate its staff
@ 2019/03/25Staff complain of an employment "blood bath"
Oracle has been quietly laying off employees and is not saying how many are going to be exiting its buildings with their belongings in old photocopy boxes.
So far 50 have been fired in Mexico, 50 in New Hampshire, 100 in India, at least that many in Silicon Valley. It appears that Oracle wants thousands gone and it is rumoured that ten per cent of its staff is the target.
Oracle’s global headcount, which in 2018 was around 137,000. Cuts will be made in three phases this year with around 5000 employees cut in this first phase.
The database maker slashed 1000 jobs in Silicon Valley from its SPARC and Solaris teams a while back. But this current layoff operation came as a surprise to employees and observers. The lack of transparency and abruptness has people worried.
An email from Oracle executive vice president Don Johnson with the subject line “Organizational Restructuring” arrived in employee inboxes telling them that from now on everything in the company would revolve around the Oracle Cloud Infrastructure (OCI) operation.
“OCI’s business is stronger than ever, and this team’s future is bright.” —Oracle Executive Vice President Don Johnson, in an email to employees. It is just everyone else who is in trouble.
“Today’s changes within OCI will better align with Larry's vision of the business. It will streamline our products and services, focus investments on our most strategic priorities, and help us to more effectively and rapidly deliver the full promise and reach of Oracle's Gen 2 Cloud.”
Oracle has been quietly laying off employees and is not saying how many are going to be exiting its buildings with their belongings in old photocopy boxes.
So far 50 have been fired in Mexico, 50 in New Hampshire, 100 in India, at least that many in Silicon Valley. It appears that Oracle wants thousands gone and it is rumoured that ten per cent of its staff is the target.
Oracle’s global headcount, which in 2018 was around 137,000. Cuts will be made in three phases this year with around 5000 employees cut in this first phase.
The database maker slashed 1000 jobs in Silicon Valley from its SPARC and Solaris teams a while back. But this current layoff operation came as a surprise to employees and observers. The lack of transparency and abruptness has people worried.
An email from Oracle executive vice president Don Johnson with the subject line “Organizational Restructuring” arrived in employee inboxes telling them that from now on everything in the company would revolve around the Oracle Cloud Infrastructure (OCI) operation.
“OCI’s business is stronger than ever, and this team’s future is bright.” —Oracle Executive Vice President Don Johnson, in an email to employees. It is just everyone else who is in trouble.
“Today’s changes within OCI will better align with Larry's vision of the business. It will streamline our products and services, focus investments on our most strategic priorities, and help us to more effectively and rapidly deliver the full promise and reach of Oracle's Gen 2 Cloud.”
