(Rumor) Oracle: Major layoffs are to come in January 2009
According to rumors from different sources: “There were several layoffs reported between November - December, 2008 in Oracle’s North America consulting unit. The reduction in force included 140 IT consultants specializing in Siebel, E-Business Suite, PeopleSoft, J.D. Edwards, and Hyperion products.”
Rumor: “A bunch of people were laid off from Oracle’s business units including utility and retail. Major layoffs are to come in Jan 2009″.
Rumor: “at least 2 people were laid off from PeopleSoft/Oracle unit with no warning.”
Rumor: “20% of the Education staff was let go”.
Update: According to Dow Jones and CNNMoney: “Oracle Corp.’s (NASDAQ: ORCL) fiscal second-quarter net income fell slightly, with the stronger dollar dragging on revenue and profitability.
Revenue for the quarter was lower than Wall Street expected, reflecting both the currency impact and weaker information-technology expenditure, but cost control and a strong flow of maintenance support revenue helped Oracle hit its quarterly earnings per share guidance.”
Update 2 (1-09-2009): According to rumors:
- SAP layoffs: “A source reports that SAP is making some deep cuts in SAP’s Strategic Growth Enterprise (SGE) unit (focused on the SMB space). A 300 sales-related positions were affected in North America.”
- Infor layoffs: A source reports that “Infor just laid off a staggering 85% of their senior managers and executives across UK and Europe.”
Update 3 (1-11-2009):
- India’s Oracle office in Bangalore lays off 40 people, according to The Time of India.
- Oracle India has an extensive network of more than 400 channel and alliance partners in India, which includes Infosys, Satyam, Sonata, Tata Consultancy Services and Wipro.
Update 4 (1-12-2009):
- Reports said that after the acquisition of i-Flex, Oracle was planning to lay off almost all employees of that company, though the decision was scrapped after intervention of Oracle’s management, as the layoff of all i-Flex employees could project a failure of the acquisition, according to rumor
Update 5 (1-13-2009):
- An anonymous report suggests that termination packages were sent out to folks on 1/9/2009 in the US.
- PCWorld mentioned LayoffBlog.com in their Oracle layoff-related article.
- ComputerWorld also mentioned LayoffBlog.com.
Update 6 (1-13-2009):
- Oracle cut around 500 positions in its North American sales and consulting businesses last Friday (January 9, 2009), according to WSJ and other sources.
- Investors had anticipated a larger scale of the job cuts thanks to the rumors last week that the company was aiming to eliminate thousands of its employees, according to Yahoo Finance
- Oracle employed 86,657 globally at the end of November.
Update 7 (7-2-2009):
~ LayOffBlog.com: Please feel free to comment this info and/or send us your updates regarding Oracle layoffs. ~
Oracle layoff updates/comments are also available via RSS
Answer: I was laid off 9/1. Location: HQ-RWS.
Reason cited: Sun merger. I was replaced by a Sun employee.
I was the 1st wave which was small.
More to follow.
Which Division?
I asked to be lay off today. I am done with OC, but I am not going to walk away from free money. My manager dropped a ton of f-bombs on me. As of right now, I am dead-man-walking, or waiting-to-exhale, depends on from your angle looking at it.
Are you in consulting? which division?
Which division did you belong to? Were there other layoffs in your division?
Cat
A couple of weeks ago, at least six supposedly ‘useless’ directors were laid off from VMware. When will the light shine on Oracle?
“Ellison conceded that he was going against conventional wisdom. Services are hot right, now, he said, but said he isn’t going to enter a business just because everyone else is.”
http://blogs.wsj.com/digits/2009/10/15/ellison-oracle-won%e2%80%99t-be-seventh-in-services/?mod=yahoo_hs
So I guess there’s not much people being laidoff now since there’s not much in posting…That this mean that Oracle is improving even in bad economy?
I was layoff on October 14 2009 along with other 16 employees from the IGBU Consulting group. Oracle is not doing great business with the OIPAS application they bought from AdminServer back in August of 2008. I have nothing positive to say about their decisioion. But this is just the Third time this year. Similar reduction of 13 employees was made a few months ago when Oracle was still in Chester PA.
What kind of severance did u receive? (Worried current IGBU employee)
Do you know anyone who was let go and has been rehired? I understand they tell you that if it is a RIF, you can be hired back… but does it really happen?
I was laid off(RIF) couple of years back(when peoplesoft acquisition), after one year I joined back. If you rejoin before 1 year, they can not change your salary, if you join after 1 year you can re-negotiate you salary(to higher side off course
).
At least when I was there, it was a no-no to rehire RIFed employees. The view was that they were on the RIF list for some reason, so why take a chance on hiring someone who had been judged unsuitable before, even if it was a RIF and not a termination. If someone had quit, that was different, but the rule was you could only quit twice, that is, you could not be hired 3 times in one lifetime at Oracle. It was very common to see re-hires who had left of their own accord, but I think there was a waiting period - maybe 1 or 2 years before you could be re-hired. It all turns on what ‘Eligible for Re-Hire’ means. Technically, I’m eligible to win the lottery - likelihood of it happening, extremely low.
I was RIFed couple of years back(when people soft merger). I got an offer to rejoin after 10 months. but if you rejoin before 1 year you can not negotiate the salary(the will pay whatever you used to get when they RIFed), so I said I will wait two more months and will join with negotiated(higher) salary. I joined after 1 year 1 week with high salary.
I was RIFed couple of years back(when people soft merger). I got an offer to rejoin after 10 months. but if you rejoin before 1 year you can not negotiate the salary(the will pay whatever you used to get when they RIFed), so I said I will wait two more months and will join with negotiated(higher) salary. I joined after 1 year 1 week with high salary.
Why do you want to get rehired into Oracle when any of the certified Oracle partners will be willing to hire you at a much higher salary? Oracle Partners seem to be doing great business since they offer top notch consultants at one third the price and have more efficient management than OC. They are never out of project since the Sales folks prefer them over OC. Keste, Saturn Infotech are some of the fastest growing companies…
http://gawker.com/5383421/larry-ellison-struts-his-wealth-before-peons
Ellison at it again at Oracle Open world:
He started his talk with a five minute video of [Ellison's] Oracle BMW sailboat … After the video, Ellison comes on stage with this massively smug look on his face, grinning like he’s just bought the last candy bar in front of a herd of little kids at the candy store.
His first words? “It’s a great boat, you should get one.”
Ha ha ha! Oh, and did he follow up with, “but I guess you’re probably pinching pennies, since unemployment is 10 percent, and your colleagues are getting laid off, and your mortgage is probably under water, and Oracle shares have been trading sideways for two years!?” Because that would be hi-larious.
CNBC just announced 3000 workers to be laid off at Sun as part of Oracle acquisition
Sounded like this will happen BEFORE the acquisition.
As part of acquisition? Since the acquisition is not in effect, this layoff is all about Sun bleeding $100 million a month. The “part of the acquisition” bit will be when the number is 10,000 to 15,000, not a “paltry” 3000.
Oct end is coming.. any news from any division?
One coming around mid november in NAC.
I heard it’s due to the re-org that happened last week, layoffs will be coming in the next few weeks!
Notice that the reorg gave cover to certain people. They are under the cover of having direct reports. Not too few reports. Not too many reports. Just trying to hide.
OC resumes hitting the streets this week - something is in the wind.
Any info Sun layoff dates….?
the US layoffs happened today
where????? what group?????
Yesterdays layoffs were not part of the 3,000. Most were layoffs included in the numbers from the last round
not in OPS….that was part of the 3K
I just received news today along with other Oracle Consulting colleagues (10 altogether) that my services are no longer required.
Which consulting group?
So sorry to hear that…What state are you?
that’s odd… layoff on a Tue? They almost always happen on Wed…
We are in EMEA area
Just before the recession started, I heard one of the south Indian senior Technical Managers in his team mention to a friend that he had only been utilized for 3 weeks in a full quarter!!
Now can someone explain, how some one at the level of a Tech Mgr could afford to be idle 3 fourths of a year and still survive layoffs?
How I wish, I were a south Indian who could be part of the coverage of “Divine Protection” !!
Larry, I think Oracle needs to start profiling the South Indian managers, their reportees and work utilization to gather some really interesting reports.
I agree with you…I know somebody who is Indian (from India) that is “protected” from being layoff…So unfair….Wake up, Larry…
I agree with you….Larry, wake up…
Dont worry kids - I am watching !:) ha ha ha
TO this one guy who is R*C*ST, who keeps writing about Indians and visas on this thread.
(Under different names. He writes replies to his own thread as well.):
PLEASE keep your biases to yourself. Its hurtful to others when you spread hatred in a forum where people are frustrated.
You are using the emotions of people who got laid-off for your SICK hate-mongering.
Please ignore him guys.
I heard from some OD guys that one guy who was a total f.ckup got promoted to manager position cause he is the first cousin of an Indian sr. Director. He would get fired on the spot at a normal company. Same director hired his wife and his other relatives there, I wonder why people don’t file a class action lawsuit againt this obvious nepotism and discrimination!
This need to be reported. And it’s up to the higher level to decide…
More interesting that Oracle very often, transfers employee from Oracle India to US!!
What’s the logic behind it? They’re doing the job with (maybe) less paid in India, if any opening comes up in US immediately filled with employees from Oracle India.
The reason directors ( specially the Indian ones) love to hire employees from Oracle India into US is
1) The Oracle Indian employee holds a L1 visa. Its like being a slave, where this guy/gal can only work for Oracle US and when he quits Oracle, he has to go back. He cannot get his visa transferred to work for any other company in the US.
2) These Indian counterparts are too happy to work in the US, even if it means taking a lower pay than their peers. There is no way these poor slaves will ever know how they are being taken advantage of.
3) It’s usually the Oracle India product development team that they target. So the end result is good workers at the cost of peanuts who will forever work as slaves till such time you are in the US.
YES, if each one of us were to report (anonymously) to the higher authorities the wrong we saw, Oracle would not be the place that it is today.
An HR Director is bound by law to investigate and act on each and every complaint that he receives from an employee.
I have reported a lot of stuff anonymously and have sometimes seen that work wonders.
I recently read about the class action lawsuit against Dell filed by an ex HR Dell Director for discrimination and unfair hiring practices.
http://www.nytimes.com/external/idg/2008/10/29/29idg-Dell-hit-with-d.html
Oracle is worse and I find similarities in that it targets women and soft spoken people most of the times. Somebody who would shed a few tears after a layoff and forget the whole incident as if it was a bad dream.
When will Oracle people learn from Dell?
As far as I know, there is nothing illegal about discriminating against soft spoken people. Although it is a lousy thing to do, the employer can require “assertiveness” for a certain job. If you have two candidates, a woman who is soft spoken and a man who is harsh and to the point, it is perfectly legal for an employer to discriminate against the woman and hire or promote the man.
It would be illegal to assume that a woman is soft spoken because she is a woman, or to discriminate against a woman if both the man and woman are equally suitable in all other aspects. It would also be illegal for someone to indirectly discriminate against a woman by saying that she is soft spoken, for a position where this is not a requirement.
Guy’s
Any idea on the number of heads cut off in the last 2 days ?
715 in the US, 200+ in Broomfield Colorado alone.
Rob, thanks for the info…Do you know if there were some in Washington D.C. area? Were the layoffs done in an advance notice? thanks…
Don’t know the numbers for the DC area. I believe the 700+ have been given 60 days notice. In other words, they are paid up until early January.
What’s the Sun package like compared to the Oracle RIF package?
I’ve been employed at Sun 9 yrs, and I am going to get riffed if i ever make it to Oracle. I was thinking of asking my director to speed it up and be included in the recent 3k layoffs if it’s not too late.
That would give me 6 months (I’m in Canada)…. or I could wait and get the oracle package, maybe in January if I’m lucky. What is it, 4 months? Any Canadian employees out there that know?
Take the Sun package and go. Oracle package is the worst one, 2 week for the first year and one week per working year, so 9 year will give you a little bit more than 2 month from Oracle package.
Why does Larry keep the fools responsible for this fiasco around.
http://www.itworld.com/software/84237/users-new-oracle-support-portal-a-fiasco
Oracle Support Management are of no use to anyone except themselves and their bonuses.
Save some real money and dump this useless bunch and have support report directly into development.
Instead of putting the OCs on the street these savings can be used to put OCs to use in support.
You obviously don’t work for Support or you would NEVER feel that Support should answer to Development! My God! They are like oil and water!
What part of “GCS Wage Slave” did you not you understand?
I certainly am in support, you must be a support “manager”.
The developers I work with are great and understand what is and is not important, unlike anyone in support management. So much more real progress could be made if support reported up to development.
i can’t imagine its support delivery end managers (lower levels) who inflicted the portal on themselves. this is just another project driven from the top. and you can bet the people who drove the project that wasn’t quite working on launch day will just move on to another project afterwards leaving the customer facing staff to deal with the after effects.
Maybe following need to be considered:
1) L1 visa should be banned for all software companies. As these seem to be abused.
2) Currently with the high unemployment rate software companies shouldn’t be allowed to bring in more people on H1.
3000 Oracle consultants are bitting the dust tomorrow - I am one of them. As long as you are Indian you are safe whether you are a US citizen or L1. Looking at the resource spreadsheet all the projects are being given to the GSD consultants and not the US consultants. We helped make Oracle grow and the ones getting laid off have 11 years and more experience. Nothing like getting kicked in the ()*)*)(*)(*)(*_
3000? C’mon…that’s got to be wrong. That’s more than the whole US NAC headcount - unless that’s a WW number.
Whole NAC at 3000 ?
I see you are a Former Oracle Employee … but the only thing I can think of is that you left Oracle 100 yrs ago. Do u think NAC still has only 3000 emps?
You don’t have to be Indian to be safe. I know a few useless American by birth who are safe. I know samrt Indians who have been riffed. I don’t this you should point out nationality in a time like this. Oracle is bad company to work for. We all knew it can happen anytime.
Is there a final number?
Layoffs occurred today (11/13/2009) in Oracle US Consulting.
Today is my last day. 11 years with PeopleSoft Oracle and I was on a billable project till April. Go figure!
Now THAT makes no sense whatsoever. I guess they just don’t need the revenue that you are generating.
Did they give you any Severance, Benefits?
No severance for most
Yeah same thing happened to me. Was on a billable project till Dec-end with a possibility of an extension and still got laid off. Was told that the layoffs were done by not looking at individual details; it was supposed to be a top-down reduction in count. Unfortunately for me, I got included in that ‘count’ and the higher management wonders why Consulting is not generating revenue.
Dont be surprised. IT’s your manager who is behind your layoff. I found out during my layoff a year ago, that it is your consulting manager who presents a list of people to HR for layoff. The Oracle HR Director told me this..
As a Consulting Tech Manager, I had no idea that one of my people was being laid off until AFTER upper management had called the employee and told them they were laid off.
different practices have different way of handling this.
The long awaited hammer finally dropped on me today. Got my “bonus”, time to look for independent work. The funny thing is, OC price itself out of the market with a single minded goal of “margin”. There is plenty of work out there. Plenty of them I have seen from the PJR that went unfilled because of botched negotiation. time to grab those.
From a distance it looks interesting to see those open positions. Open market is not that rosy, you will be dealing with those calls from India trying to place you here in US. Hope you don’t get frustrated dealing with them.
Those I looked at are very product specific. I don’t think any OC India would have the slightest idea what they are.
Welcome to the open world. Companies from India not only under cut your job (H1, L1 etc.) now you will be undersold (multiple layers; mislead) as an independent consultant by someone sitting in India. Enjoy the “change”.
A substantial number of consultants got laid off in Canada today.
not just Canada. It’s the entire NAC
What’s the package look like?
OCS needs to rationalize their Billing Rates to survive in this competitive market. Gone are those days when you could charge the Customer @ $250/Hr. Customers these days have become really smart and they can get good quality experienced Resources at a much cheaper cost. Instead of laying off the Delivery Consultants, OCS Senior Management should aim at cutting down the Administrative Overheads such as the Resource Analysts and Admin Assistants who generate No Revenue at all. The Resource Analysts especially are a bunch of No Good people. They DONT have any work except for Assigning Consultants on the PJR system when they already have a Billable Project.
The Consultants are the ones who are actually doing most of the work in finding work for themselves by Shortlisting Project Opportunities, Networking with their Peers and Ex-Project Managers, Calling up Project Directors who are advertising the Open Positions etc. Hence why does OCS need these Resource Analysts ??? What is their actual role ? Just to assign the Resources in PJR once the Consultants have landed a Billable project ? The Resource Analysts and Admin people are often paid very decent packages and have been in Oracle for a long long time…yet no one in Oracle seems to take a notice of how UN-PRODUCTIVE these people are ! What a Waste !!! Instead they just continue to lay off Delivery Consultants who have been taken advantage of by making them slog for 60-70 Hours a Week on very aggressive projects/assignments to meet very aggressive Project Deadlines and then when the Revenue target is met and the juice squeezed out from these Consultants they are let go….This is UN-ETHICAL to the core !!! Shame on Oracle and its Management ! If the Delivery Consultants are Not able to find work, it is not their fault….It is simply because of the lack of vision and planning of Oracle Mgt in not re-aligining their Revenue Targets and Greed for higher margins down to more realistic levels in the backdrop of a very tough economy and market conditions.
toberiffed. Sorry about your job. Husband was laid off as well today - and he is Indian as are at least four of his colleagues he’s spoken to, and based on the the calls he is getting plenty of others as well out there. My husband was with the company close to 15 years, so he’s contributed just as much as you, even if he’s not a “real” American just a naturalized one.
stunnedspouse. i agree with you. i work with many who are from india or of indian descent and they are just as american as any who claim to be ‘real’ americans. i’m tired of those who think that just because they are 2nd or 3rd generation from poor immigrant families that they are the ‘real’ americans. i’m 5th generation american myself but because of my ethnicity i often am asked if i came from another country. all in all, there is not really any real logic behind the layoffs except that if you are currently on a billable project when they come you are most likely safe. if you are not then your name might make the list. the managers are not even given warning of who will be layed off and who will not. i’ve seen a lot of colleagues who were great workers and talented be kicked to the curb so i know it is not done based on logic except that of the bottom line.
Trust me, its your manager or consulting director who decides if you are next on the list. Dont trust these bastards if they tell you they were unaware. My consulting director told me the same thing..and I found out otherwise from HR.
you don’t get it - the India folks we are all complaining about are the L1 folks that come over to the US and take our jobs from us. When you look at PJR all the listings are for GSD onsite. I was with Oracle for 13 years just won another award and got laid off. What we really need is to can management like Keith Block and Safra Catz. There are too many VP’s that sit on their rumps and do not earn their keep. that is why the consulting rates are so high - not the resource analysts though I admit they have no value. I can send my resume to the PM as well as they can. We all need to get together and file an EEOC lawsuit.
Please note that if you want to file a lawsuit, make sure you dont sign the letter that accompanies the severage pacakage. Because that letter says that by accepting the severence package you are agreeing not to sue Oracle.
If you feel that your layoff is unjustified,
1) do not accept the severance package
2) do not sign the letter that accompanies the severance package
3) talk to Oracle HR Director and find out the cause of layoff
4) If you want to have the severance package, you can accept that and still file EEOC lawsuit, but if EEOC finds any wrong doing, you will not be able to file a lawsuit if you have signed and accepted the severance package.
5) Whether it does any good or not, its always important to point out the wrong doing.
I just got a listing of by age of those laid off and the majority are 40 and over.
I’m sorry I misunderstood. And yes I’ve heard him and others say all the stuff you mention on your post and also that PJR is useless. You only get assignments through your contacts.
You know what’s amazing to me is this
http://www.job-search-engine.com/keyword/oracle-technology-consulting-manager
As far as I can tell these postings were made on 11/15. WTF? The companies I’ve worked for typically layoff meant a hiring freeze.
Oracle has always laid off people for no rhyme or reason. People have been laid off when they were on billable projects (something must be wrong with the reporting system).
As for Oracle still hiring, look at the particular skills they want. Oracle is not General Motors, where you can have 2000 people with the same job skills who can fit into anything anywhere.
I Mean, This has been going on Since Jan, Now some of you are getting laid off and this is SURPRISING TO YOU. OCS doesnt and didnt have a chance in this tough market. You didnt see the writing on the wall when you looked in PJR and saw roles ONLY for GSD resources? It wasnt clear enough? Why did you stay? did you think a miracle will happen and they will save your job or even promote you? You guys are so Loyal where Oracle is NOT. I would say Move On. I said in April. But now, theres nowhere to go. Good Luck.
I see that you moved on from the Denial phase to the Angry phase.
Major layoffs in OCS ….. guys are being paid 1 week for one year with oracle + 2 weeks additional pay.
20% across the board.
Guys .. I am from the DC area and I have been laid off today along with six group memebers . I was suppose to start on the project in two weeks.
I got 4 weeks plus 1 week for every year served with oracle, plus 30 days of cobra health insurance and vacation pay.
KillBill, so sorry about the layoff. Were you given a 60 days notice? And also, I’m wondering if your other members that got laid off were all Caucasian or mix race like some Indian? I’m just wondering because I’ve seen a lot of comments that says, most people that were laid off were the Caucasian.
as far a I know it was a mix group of people. I don’t they are concentrating on a specific group and I was just given a one day notice not a 60 days notice. I think these notices are not common at Oracle.
You don’t even get a day’s notice. By the end of the day all access is gone as well as your cell phone. They demand you send back your laptop and badges the same day even though you only got your package at 4 pm. They are cold. Most of the people were Caucasian and 40 and over that got riffed. All the jobs are for GSD folks either remote or onsie with an L1 Visa.
Join Freddie Mac or Fannie Mae, there are lots of oppps
I got laid off today and I am working in a project. What a surprise !
Anyway , I am happy that I am leaving . Very stressful projects and no appreciation . I’ll never be productive unless I feel I have a stable job.
Where are you getting this info?
inside sources… they are quaking too, because they know they are next.
Here’s more on the India politics in US. It happens everywhere in the US and more so in California. Indians from the state of Andhra Pradesh (referred to as “gultis” or telugu by other Indians) are the major cause of the job loss and high umemployment rate in this country. Just to give some history, about 10 years ago, herds of gultis (or teluguites) from the Indian state of Andhra Pradesh landed in the US with fake engineering certificates and resumes. They grabbed the top jobs and it went on for many years until it came to the attention of FEW companies who started performing more aggressive background checks. Most gultis are crazy about settling in the US, so much so that they left no stone unturned to achieve this goal. A graduate who has zero experience would fake a resume with 6 years of experience and compete with other skilled people. Because gultis share and help other gulti members, if one gulti got hired into a company, he would refer and get at least 20 or 30 more in, lying that they had worked with these other gultis in projects before ( fake experience). It continues to happen today. The company i work for in the bay area now has 95% gultis. The move in gangs and boycott everyone who are non-gultis. It is surprising how I landed up this job. AFter I entered the company, learnt that there was a big fight by one of the gulti interviewers to get his “gulti friend” in instead of me. My manager is also a gulti, talking in telugu to other gultis. I know my time in this co is limited before I am replaced by another gulti.
INS and all companies have to implement strict measures to perform thorough background checks, referrals should be of people at the manager level and managers should be sued for giving false references.
Other Indians?? Yeah Right. You are really pathetic. If you are what i think you are another indian who migrated with no skills but sucking up to aryans.
Most Andhra people migrated because their skills were required then, were fast learners because of their mathematical skills. While rest of India was investing in commerce, defense studies. South was investing in Professional Education.
Complain to the short-sighted lallu and mulayam or voters who elect those idiots. Even today most ppl from andhra try to get in a school first rather than a H1
Yeah right, the telugus are mathematics ! joke of the century. The only thing they learnt in schools and colleges was to forge degree and experience certificates. Looks like the forget the very famous story of Usmania University !
You must be kidding… If someone submitted a fake degree that too in US, Its better to sell rock than leave a trial of PAEPER.
Most North Indians pass out from pathetic schools in Bihar, UP, Haryana where you do not have to FAKE IT!
The university will give you a Gold Medal just like that.
All they teach up North is how to kiss ass and back stab. Look at IIT’s filled up with 55% AP students. Are they faking IIT JEE now?
Get a Life…..Don’t show your frustration on one group of persons.
Today early morning when I got a call from my manager that I had been laid off…. I wasn’t sure whether to be sad that I didn’t have another job or be happy that I’m free from this rat race! but a few minutes ago at 11 pm when I still got emails that my accounts have been disabled, that was definitely the nail in the coffin and after 10 years of loyalty to this company I have finally been able to decide that no matter what this is definitely for the better!
As a former OC consultant (gone now 4+ yrs), I’ve see a lot of clean up assignments on projects after 1099’s or small shops screw things up on the implementation. What I’ve very rarely seen is OC messing up implementations, until recently. Lots more fouled up OC implementations popping up on the radar - quality is slipping, very quickly!
OC has always messed up implementations. Its just that they don’t admit it
Well guys takes this the very first oracle consultant got laid off today he was with company for 26 years and was billable go figure.
I think Larry is trying to lower salaries, so step 1 is to let people go who cost a lot, he will rehire you as a contractor and then once a year has passed, you can be rehired on at a much lower salary.
Nothing could be better for this guy. At last, he has attained nirvana. This is a blessing in disguise.
Anybody know the severance package Oracle paying for Canadians?
I got 52 weeks of pay + benefits + vacation pay
sorry, my mistake. It should be 23 weeks.
How many years did you work for Oracle?
Are there any further rounds planned in the coming months?
Yes … more rounds coming up … there is one every week from now on …. with strict rule to fire atleast 1000 people in each round, until all delivery consultants are fired and only management is left …. word is that nobody with title of Director and above is to be touched. Everybody below are to be axed. Consultants maybe on projects, but eventually they will roll off and come on bench, so its better to fire them now (Proactive). Oracle wants to be a lean company and so all Delivery Consultants (fat) is being let go.
There is always another round!
I know a NASA Director laid off so that is not a true statement
The worst directors are in the fusion middleware group. I know one who should have written a book on software engineering. While leaving his consultants to slog in the field, the only thing he would discuss in his weekly team meetings was “Effective software estimation techniques” or “Knowledge Sharing” to share your knowledge with a junior, so they could kick you out. This manager was Indian, south Indian and has a Tech Manager who is south Indian and has less than 10% utilization and is bulletproof from layoffs. HOW I WISH GOD WOULD BLESS ME WITH SUCH LUCK !
Based on the responses, where consultants on a project are being let go, my only conclusion is that either the work is being ported to GSD or Oracle is getting out of the consulting business as once rumored.
I guess the partners will be picking up the slack. What do you think?
Yes, Oracle Partners such as Keste, Saturn Infotech have picked up very good business. They are much cheaper than OCS, run projects better because of which clients prefer them to OCS.
Two (out of 6) consultants from GSD Romania got laid off yesterday; both were billable.
Look at the year over year Consultig revenue numbers in the earnings announcement - last 4 quarters are -10%, -18%, -7%, and -23%. Q1 FY09 Consulting revenues were 865M, Q1 FY10 was 663M. 200M or so less revenue year of year would mean getting rid of somewhere in the range of 2500 people in that time.
So what are they planning to do with Consulting Directors if those are the only people who are going to be untouched and left around.
Remember Oracle is a sweet shop always has been. It is just a place to learn RDBMS and then move on. Everyonw be glad you were forced to see the light. I know Support Analyst that just have not seen the light and they will sit around and make low 50’S for the rest of there lifes.
total # of emp :- 73,281
I was also impacted by the layoff that took place on Nov 13th, 2009. While we may never know the total number of employees that were impacted, I too suspect the downsizing will continue till the desired numbers are met.
Good luck to all, like myself, who are facing the need for job hunting in the holiday season. As for me, I will try to relax and get past the holidays and start my search full force, in January 2010.
total number of employees impacted(13-nov-09) :-300
Well, some of OC’s misery comes form the fact that they’re pushing Support teams to work issues that are clearly consulting engagements.
Sorry to hear about the layoffs — it’s just a matter of time before it hits the ones left behind as the economy bumps around for the
next few quarters/years.
I expect more major layoffs in January — no inside information but just observing management attitudes.
The most insecure people in the consulting division are the consulting directors. They are afraid that they are working from home 100% of the time, doing admin work such as approving expenses, taking trips to interview candidates and perform yearly reviews.Thats all they do. They have no clue what goes on at the client site and they dont care. I was in the fusion middleware group and was surprised that 75% of the project implementations were miserable failures. There was a project at Google. It took an OCS guy three months to setup the environmetn. Oracle FMW consultants were sent to write EBS code. The project ended up being a major disasster. Another client in the bay area gave a two day notice to Fusion Middleware group to vacate the premises and threatened to file a lawsuit. Good luck, OCS sending work to offshore and getting people of the street to be PREMIER Oracle consultants. Cheap is not always good, you donkeys.
That’s the way OCS works. I know some OCS consultants did a ugly job in coding and design, but surprisingly prompted. The manager of the group I worked is Indian, who takes care of Indian guys only and everybody blinded eyes on this. In short, what I learned was technology is not a major concern in OCS group and I am not surprised so many projects failed.
Oracle should be renamed to “SnakeLand” since the only ones untouched in teh layoffs are going to be consulting directors.
Here’s where the Indians from Andhra Pradesh get their fake degree certificates to land in the US and mess up with the job market here.
http://www.thehindu.com/2009/08/07/stories/2009080759010300.htm
Oracle France paid 250 people to leave voluntarily — 315 subscribed.
I work for Sun France. Any idea of what the severance package for Oracle France was?
For all of you folks out there that have been laid off or have been effected in some way by this “slow down”, this is a call to action. I see a lot of people on this board complaining about H1’s, Indian’s and in general about “non caucasians”. None of these are the problem, in-fact all of the above have contributed greatly to the US’ dominant position in the software industry and have in most cases been model citizens/residents. I believe the xenophobia shown by some on this board is a sure shot way of being classified as a part of a radical dissatisfied fringe that attacks the easiest target and is only worthy of being ignored. That said lets look at the real issue here.
I believe that the real problem here is the L1 visa. There is no quota on L1 visas, which means a corporation can bring in as many workers as it wants from a foreign division provided they meet certain criteria, which in this case are easily met. This is a huge windfall for the corporations that are large enough to do this. Most of the L1’s in our industry come from India where the salaries are a fraction of what they are here in the US, as an example a person I know who makes a mid six figure salary in the US was offered about $40,000 in India. This person would have been turned around on an L1 to do the same job he did in the US albeit at a lower rate to the client (expense charged to the client but that is a wash as there are expenses for US employees as well). The net profit margin for the company would be the same or greater.
The only reason that this can happen is because companies are allowed to bring in L1’s in great numbers and as they will claim, in order to be competitive with other vendors they have little choice but to adopt this model. This problem will continue unabated until something is done to cap L1’s at a reasonable number. This needs to be addressed fast as ours is not the only industry that this can effect.
I think we all need to write in to our senators/congressmen to make them aware of this and propose that some action be taken; for instance an L1 cap that say a corporation cannot bring in more that 2% (x%) of the workers it employs at the start of a FY into the US on an L1 Visas … I don’t think things will get better until something is done about this. (Just FYI, in the EU there is no concept of a L1 visa that I know of, only a business visa or a work permit).
callToAction, you have put this so beautifully and hit the nail on the head !
L1 should be completely banned !
What happened to the Durbin-Grassley bill that was supposed to put stricter controls on H1 and L1s?
I am an Indian, born and raised here. I have been on so many projects. I have seen so many people from India, who come here from India have no experience. Most of them are fresh graduates and put fake experience on their resume and g0t jobs. Some other guys take interview for them since they are all phone interviews. Once they are on the job they get help from different sources. I was a lead a company and about 15 people reported to me ( all of them Indians). Out of the 15 only 3 guys have real experience. They even pay someone with real experience to take interviews for them. Companies should do face to face interviews, before they hire anyone from India. My say is there are enough H1 people, ban H1 visas completely and filter out all the Indians who do not have experience.
I wonder if there’s gonna be another round of layoff today…
Were there any Senior Principal Consultants that were laidoff ????
yes 50
I’m wondering if there’s gonna be layoff today….
Why wonder, Just go and find another job while youre still employed. You can see what NAC’s strategy is.
The L1 program was created to let foreign employees move to the US as long as the employee stays in the same company. I know that some companies transfer Asian employees to the US to cover the night shift. This is not bad because it’s hard to find Vietnamese, Japanese or Chinese nationals who meet the criteria for the job in the US.
The L1 abuse occurs when a company transfers the employee for a short amount of time because they don’t have to pay this person the full salary. A company can transfer a foreign worker to complete a local 3 month project and send the person back home. This practice may be hurting consultants in the US.
There’s no posting for 4 days, does this means there was no layoff after November 13?
Some advice to Oracle Consultants from a recent ex-Oracle consultant:
1. Just because you are on a billable assignment is no guarantee that you will not be selected to seek new opportunities.
2. Update your resume into a format that you can paste into a text box. Get rid of the tables in the Oracle resume template.
3. Consider a plan to download the contents of your laptop, or simply swap a like drive before turning it in. All equipment must be turned in before you get your severance check.
4. Consider a plan to download the contents of your phone. ActiveSync only works with Outlook and Windows Pocket PC phones. BitPim works with others. You don’t have to turn in your phone, since Oracle only pays for the service. Service seems to stay on till the end of the monthly cycle. You have the option to transfer account to a personal account.
5. Expense all AMEX charges on your last expense report on-line even if they have not shown up in ‘your wallet’. Treat it as a personal expense. At least you will get the money from Oracle sooner, and you can pay AMEX by check, else you will have to complete a manual expense report.
6. Ultimately, you will need to submit a manual expense report to cover the shipping and mailing of stuff to Oracle. You must send it to your manager for approval and he/she would forward it to Accounts Payable.
7. File for unemployment ASAP. If you wait, you will lose days. Benefits begin on the day you file and is not retroactive to the last day of employment,
Hope this info will help.