JazzyNugget
JazzyNugget

Oracle layoffs

Heard of some layoffs happening in the OCI division. None reported so far has anything to do with performance, but rather a reduction in force.

Any clue of more coming in the near future?

18mo ago
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CosmicDumpling
CosmicDumpling

Whoever posted about things being worse for the next 6 months seems to be right

DerpyMarshmallow
DerpyMarshmallow

Silent yet mentally violent

FloatingRaccoon
FloatingRaccoon
Adidas18mo

Literally me

JazzyNugget
JazzyNugget
Oracle18mo

PS: No mass layoffs so far in OCI, all were silent.

FloatingMuffin
FloatingMuffin
Google18mo

Do they offer severance to the laid-off workers?

SleepyTaco
SleepyTaco
Oracle14mo

Yeah 1 month notice period salary + 2-3 months salary depending on ur gbu

JumpyPretzel
JumpyPretzel

Hi @TheChosenOne , one question about Oracle, is “Database Cloud Team”, part of OCI only? How does one identify OCI job opening?

Like- “The Database Cloud team is hiring Fullstack developers! Come build the cloud with us. The Oracle Cloud Infrastructure Database Cloud Services group designs….”
Does that sound like OCI? Or just some subsidiary/complementary department?

JazzyNugget
JazzyNugget
Oracle18mo

Structuring-wise, DB Cloud team is not under the OCI org. The DB team is insanely huge, so it's a different org altogether.

I'm not sure if there's a clear-cut way to identity if a team is of OCI from the job opening, but if you see "Prod-Dev" anywhere in the job opening, it's most likely OCI.

ZestyPickle
ZestyPickle
Oracle18mo

Not really. Many under Apps division have ProdDev in their job description

GigglySushi
GigglySushi

That is sad. OCI paid very very well

GoofyNugget
GoofyNugget
Student18mo

How much did they pay

DizzyPotato
DizzyPotato

really well

FluffyWaffle
FluffyWaffle
Lowe's18mo

But aren't they hiring ? A recruiter approached me .

JazzyNugget
JazzyNugget
Oracle18mo

It's a team specific thing. From what I understood so far, teams who have more than required number of people did firing as reduction in force.

From what I know, OCI has been in a hiring freeze for quite a while, which is why OCI never had to resort to mass layoffs like other tech companies. The hiring is happening on a need to basis.

SqueakyPretzel
SqueakyPretzel
Amazon18mo

Wow. I was very clearly observing a pattern with the people at my company. Recruit them with very very low salaries (we all know TCS) and give them higher salaries relative to current TC. I swear I was thinking if this is going to lead to a layoff. I work on Oracle products too. So most people around me are Oracle people. Yeah I want to follow this news now😂

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