(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. ~
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That was the advanced severance. The ‘Standard’ one which most people have received is,
-2 weeks of base salary
-1 week’s salary for each year served
-30 days paid COBRA
That’s about it (and pretty pathetic compared to the severance packages they gave a few years ago)
What determines whether you get the Standard or Advanced?
To all those who talk about unionizing, union jobs come with union payscale. In most union jobs I can think of, the pay is a published standard. I think in the U.S. it is between US$ 45k - 50k per year. In India, the union jobs pay between US$ 4000-4500 per year, I think.
In Oracle, I know that there are people in India with remuneration comparable to the U.S. union payscale - I am pretty sure that people in other parts of the world are also earning substantially more than their equivalent union pay scale.
I always had a choice of joining a union job - I know that most intelligent people here, do have a choice. I also know some people who quit companies like Oracle for a government unionized job - sacrificing their earning capacity.
The point is, it does not seem to make economic sense to do that, at least not yet. If we did unionize, would we be able to continue earning the same? Would we be able to join a labor union and force them to accept our higher pay scale?
BOTTOM LINE - Oracle could give a rats butt about what they did to all of us randomly. Doesn’t matter if you were part of management target to be out of there or if you have given your all - they are heartless jerks which let selfish management make selfish decisions.
its a sick place that makes you live breathe 24/7 of non-stop stupid sensless work to make them $$.
larry ellison and his entourage of sick management will have there day of tears, fears, and oh what the f do we do now - what goes around comes around … i believe that and they will all get what they deserve! is a pile of poo to deal with
I am still employed…but scared. My mgr could not elaborate on any criteria which makes me even more scared since there is no incentive to do a good job. I have been in support for 12 yrs and would hate to have to start job hunting again. Mgrs are weak, including up to the senior director level. What happened to the emails we got earlier this year indicating that Oracle had positioned themselves to ride out the recession…what a crock!!
yes mgr area all weak at oracle… and as far as the indication Oracle postioned themselves - well the RIF is part of the positioning..
lets see how sales does q4 and if their heads get chopped off too
support was stable but now its not - - - maybe if they got rid of the fluff management!
i don’t understand, oracle just hired quite a few fresh graduates as QA with salary close to six digits last summer, and three of them i personally know, got their h1-b and gc sponsorship. more is on the way.
i am talking about fresh graduate, although having master degree, but still fresh graduate.
and yes, they were given $10k for relocation as well. nice huh …
Last summer is not the same as this summer. Many things happened throughout the industry, around the world in the last one year. Maybe you should look at the Nasdaq for the last 1 year. Your statement could well apply to Yahoo, Microsoft, Google, Lehman Brothers, Goldmann Sachs, Citigroup, etc.
Exactly. Last summer O was looking for the next big acquisition and growing steadily. Now everyone is just trying to hold on.
Looks like history repeating: http://www.bloomberg.com/apps/news?pid=20601087&sid=awfGnLxcC8bk&refer=home
EMEA support anyone, anything ?
@3818 in which department that happened ?
I think in oracle also layoff started in last week, first it has been initiated from marketing and then customer support.
I don’t wehre will reach this.
And they buy Sun now … with our hikes/bonuses
oracle bought sun microsystem at 9.5 dollars a share…. now u know where the money from our salaries went?
Looks like this summer’s big acquisition is Sun:
http://www.oracle.com/us/corporate/press/018363
O is still growing steadily, but it’s going to be a bumpy ride!
This isn’t exactly steady growth. Oracle just gained about 33,000 new employees through this Sun acquisition. No former acquisition compares. BEA was closer to 5000.
That would put the number of employees at Oracle above that of Microsoft, right? Is it now the largest software company in terms of employment?
nopes… IBM has almost 400k
Technically IBM is not a ’software’ company. They make lots of hardware.
Of course, now neither is Oracle.
I see a fresh round of layoffs due to this acquisition
No doubt. With this acquisition the new wave of layoffs will be much brutal then the others. Sales, marketing will be cut first. New policy: cut expences, cut fat.
10K heads to get cut this summer:
http://www.computerworld.com/action/article.do?command=viewArticleBasic&articleId=9131864&intsrc=news_ts_head
Now every wind blow will be interpreted as a prelude to another job cuts at the Company. Gr8.
It is not good for us. No bonus, no hikes for the next few years
To Ben Dover:
This is true if IBM did not sell IBM laptop business to Lenovo. With this move IBM quit ‘hardware’ business to concentrate at software business solutions.
What about the server business?
I think IBM’s ’server business’ is in trouble these days. Bankers will better cut servers hardware upgrade, but not their fat bonuses. Plus IBM is not the only company who offers server solutions. HP, Sun, Dell.
In your previous post you said that IBM had quit the hardware business with the sale of the laptop business to Lenevo. IBM owns about 37% of the Unix based server market. Basically you know jack sh*t. Why don’t you stop posting nonsense and let the adults discuss?
Give me a break. IBM makes and always has made much more than PCs. They still make mainframes for God’s sake. They make the crap that scans in the stuff you buy at the supermarket.
I used to work for the company called Symbol Technology (before it’s acquisition by Motorola). We also made “the crap that scans in the stuff you buy at the supermarket”. I still see Symbol’s scanners at gas stations in Bay Area.
I think all H1-B visa holders (and any others) should be rif’d in the US before any Americans are rif’d. The jobs held by H!-B visa holders should be offered to Americans before they are rif’d. This is our country and we need to address the high unemployment rates of our citizens.
Write and call your congressmen and president and tell them we can reduce unemployment in the US by revoking all H!-B visas.
If you had been paying attention you would know that Oracle hired hundreds of H1-B visa holders on April 1 of this year, and those jobs could have been filled by Americans.
Oh and I know all of you visa holders will cry foul but this is our country and we need laws in place to protect us and our jobs. Our elected officials have dropped the ball once again!
Just revoking/restricting H1B wont save US jobs.. in fact more jobs will move to offshore.. US will loose on tax also.. So lets be careful what you are asking.. root of the issue is off shoring , not just H1Bs.
Also think that if other countries stop buying US products? All big corporates in USA will go bankrupt much faster.. still we all loose jobs in Masses…
Charlie - When the going gets tough — blame the foreigners. This is exactly what got you all in this situation, “Blaming”. It is very sad that a number of folks got the pink slip, but instead of blaming the engineers / workers or your ex colleagues, blame the corporations. It was GE in ‘92 who moved their back office to India and turned their books into Gold. The finance folks namely the investment bankers jumped on this and taught the corp’s the art of simply working with numbers by moving jobs around and voila — instant cash… The Boom was on (90’s) and folks did not see this as their stock market was thriving and every one in that game were making money. Now, we know that these ‘money makers’ have turned ponzi and sh** hit the ceiling. The job outflow could not and cannot be contained.. The companies will still shift jobs overseas as that is the only way to make their quarter. Unless there is a govt intervention and protectionism kicks in .. this will not stop. What goes around comes around — free market. My 2c.
#3905: Totally agree. The corporations f***ed this country.
We should invest into city of Palo Alto, California: may be another brilliant idea is about to be born in one of the city’s garages.
Oracle buys Sun.
I guess that was pre-acquisition layoff, therefore a major post-acquisition layoff should be expected.
Maybe this thread should be now renamed to “OraSun Layoff Thread” as its pretty evident, the axe will now start chipping ‘n trimming at both trees.
Response to #3905 - Too bad you don’t know what I’m talking about but you had to respond anyway didn’t you? Big mouth, no clue.
H1-B visa holders are NOT offshore employees, they are folks that are brought into our country to take good paying jobs away from Americans. Oh and I’m not blaming, I’m just pointing out that during all the Oracle layoffs more than 1,000 non-Americans were brought into Oracle on H1-B visas on April 1, 2009.
My personal opinion is if our unemployment rate is say below 5% then let’s extend visa’s to foriegn workers to work in our country. If the unemployment rate is above 5% then let’s revoke those visas, send the visa holders back to their respective countries and open up jobs for Americans so we can protect our ecomony. You know Americans need jobs to buy cars, make mortgage payments and go shopping… we drive the world economy. We need to put ourselves first. Contact your representatives and share your views.
Call and write your representatives. You can find their contact details at these links:
Senators http://www.senate.gov/general/contact_information/senators_cfm.cfm
Congressmen https://writerep.house.gov/writerep/welcome.shtml
I am one of the laid off , but not on H1B, not a victim of H1B. But a victim of offshore job. Just wanted to suggest you guys just not blame or oppose H1Bs in hard time.. This country enjoyed/enjoying good growth by using the qualified immigrants. It is a global market.. if you say USA is driving USA economy, it has a responsibility and dependency from other countries. Just by cutting H1Bs wont help citizens, rather it will impact further..
If you look at all the IT companies , they moved millions of jobs to offshore. If you put more restriction on H1B, more and more jobs will move abroad.
At least, people work on H1B Pays tax, SS tax without even getting SS benefits.
People in H1b, worked hard for the US economy, & you suggest them to kick them out from the country..
I disagree with your position.
I used to be a hiring manager at Oracle for several yrs. Quality of work done by off-shore employees never impressed me, and larger portion of my team who lived and worked at HQ was not impressed by them either. We often found work that had to be done over again because folks at remote centers failed to follow directions! That’s not productive.
The jury is still out on the whole off-shore deal.
Additionally global market is a bunch of BS.. US. must treat jobs similar to our trades with other nations. If we welcome a million foreign workers with H1-B here, or equally, ship a million jobs out to IDC (as example), how many jobs in trade will this arrangement create for US-citizens willing to work abroad, or willing to work from home here in US? NONE! That’s because when it comes to global market, the only countries open to exploring are those where cheap slave-labor is abundant. I hate to use this term, but we’re dealing in hi-tech slavary, which in turn is no different from migrant hispanic workers who are willing to do what no American will do for $10/hr.
Ultimately, its a drain from US economy and job pool.
Anon,
I do not aggree with your view. We do work with off-shore team for many projects . They are really productive.
H1B holders aren’t to blame for their existence in this country, those of us born here are. We fail to produce qualified engineers and technical people. Every year we slip behind other countries in science and math; our graduation rate for engineers declines year over year. Added to that the baby boomers are one of the largest generations and gen x is one of the smallest - do the math - companies need more engineers and technical people.
If you were to simply turn off H1B’s altogether, jobs would go overseas or those that did not would be filled by poorly qualified candidates. In either case, we lose.
Corporations seek cheap labor so they don’t have to charge higher prices due to the higher cost of domestic labor. It’s pretty straight forward - if ANY company in a sector utilizes overseas help then competitors will follow suit since American consumers are used to cheaper prices and, in commoditized markets, go after the cheapest product. That is what happened to the textile industry - clothes made in China, Vietnam, etc., cost a fraction of what the same garment produced domestically costs.
Corporations are capitalistic and seek to benefit their shareholders by maintaining their stock price and dividends. They have a vested interest in being profitable. Hence, they will find ways to cut costs whenever and where ever possible. It has been this way for at least the last 80 years. No one should be surprised.
Off shoring and H1B’s are a symptom of our decline but not the cause. If you want to take action, figure out why China and India excel at math and science while we stink at it. Then write your congress person. Asking them to turn off H1B’s is only addressing the symptom, not the illness. Even if you turn off H1B’s and unionize, we’ll still lose ground to the developing world.
I agree 100% with you.. US should fix the problem before turning off H1B and off shoring..
http://www.nytimes.com/2009/04/22/opinion/22friedman.html?em
What is more striking to me this: it is how onshore teams and offshore teams deal differently with complex software challenges. And how they approach testing! Local teams do far, far better in both managing and reducing complexity. And in dev testing. But where projects are not as complex, these onshore advantages become relatively less important. So a lot of the offshore/onshore comparisons heavily depend on the nature of the work and its complexity.
Yes, I think, both 3878 (Charlie) and 3905 are correct. We should support any such initiative.
Is anyone doing any thing to get thoses things fixed ? Any takers? Pointers?
Anybody knows when the next round of layoffs are going to happen? I hope it’s not this month….enough people were laid off this month.
As per my source (somebody up the food chain), the next round is scheduled for 15th May. This is going to be a heavy one with most people on bench from groups not having any pipeline of projects will be let go
any idea which groups? i mean, sales/ dev, etc?
http://www.itwire.com/content/view/24539/1231/
10,000 - 15,000 employees from Sun will hit the street after Oracle completes the merger.
I’m a Sun engineer - sorry that we’re the cause of the stress. If it helps, I am sure we’ll get whacked before Oracle employees are effected. I am hopeful the acquisition of Sun really becomes a great thing for both our companies, but all I know is I will be lucky if I am still employed in a few months. Just remember that most of us engineers just want to do our job (as I am sure you all feel as well). At some point people need to start becoming more important than profits - but I am not confident that it will go that way…
I’m through about my 8th round of RIFs at Sun. Now we’re facing estimates of 40-70% layoffs. It’s shocking to see…and scary. Would be nice to be given millions like the asses who drove our company into the ground, but that’s not gonna happen when we’re escorted out the door. Anyway, in all my rambling, I just wanted to say, hang in there and know that the Sun folks are freaked about this too.
There is someone else posting with the name “laidoff” who is going on and on about visas and offshoring. I am not that person, I am an ex bea person who was laid off in Jan and I am an American citizen. I also worked for sun for many years before joining bea and then being part of Oracle and I know many people at both companies. There will be a HUGE bloodbath of both sun and oracle folks this summer if history is any indication of the future. Basically for the sun folks reading this board, here is how the bea merger/layoff went down: If you are part of a product or group that is stronger than the redundant/same group of native oracle employees then you will most likely survive at least for the first six months of the merger or so. For instance, Sun has a very strong identity management engineering team and sales force and oracle has a very weak one. Sun has a strong OS engineering team and oracle has none. These groups will most likely be safe. But on the other hand, Sun has an incredibly weak application server and set of collaboration tools. Oracle now has bea’s tools. Most of Sun’s software besides, Java, Solaris, mysql and the identity management software is pretty weak compared to Oracle’s comparable offerings. I would suspect that those engineering and sales teams are at risk. Sun has incredibly weak consulting as well, and I would not venture as to how much of the hardware business Oracle wants to keep.
As an aside, I have heard from my friends still at Oracle that another round of layoffs are coming in mid May and will include a large number of bea folks. If Oracle lays the bea folks off after april 29 but before the end of may, they don’t have to pay the bea severance and they don’t have to pay the end of year bonuses either. Final layoff lists are being compiled.
Do u have any idea which departments will be laid off?
I’m asking abt the departments in BEA
Sara, All the bea product groups that did not get integrated into the fusion middleware stack are at risk, especially the former aqualogic products. I don’t know who is left on those teams but they are at risk. Marketing, sales and sales consulting will also go through another 10% or so purge. Consulting will go through a larger purge, more like 15% or so.
Sun Engineer,
I hope you survive the layoffs. This is a bad time for everyone. However, it’s unrealistic to expect that people are ever going to be more important than profits in a publicly held for-profit company. If that is your idea of a dream job then you’re better off in a non-profit organization.
How come this HUGE Oracle layoff (estimated to be approximately 10.000 with January and April layoffs) had absolutely NO press? They covered Yahoo’s layoff of 700 in the evening news. No word about the THOUSANDS Oracle has laid off. Oracle is doing an excellent job keeping the layoffs quiet and yet boasting about the Sun merger. Pathetic.
It could be a part of separation agreement. Something like “no press - yes exit bonus; yes press - no exit bonus”.
Actually this blog (I mean LayoffBlog) monitors Oracle’s layoffs pretty well. I like the fact that I can comment news and rumors here anonimously.
Guys who are still at Oracle, it is evident that you will be screwed over pertty soon. Start looking for another job and jump ship as fast as you can. I know some of you hate job hunting, but times are tough and you have to hunt in order to survive.
Response to #3965
Charlie - Am I wrong in telling you that you are still Blaming. Who got in the H1-B folk’s? The Somali pirates ?. Were they smuggled in to take your job. Wasn’t it the corporation that are getting them in for for a reason?.. Which, I think.. hmmm … could be for their bottom line — but I could be mistaken and you would probably know.
Remember these H1-B folks are human. You cannot simply extend and terminate their visa’s at your whim. It should be a conscious decision of the corporation to get them in or not. This is similar to the sweat shops in china - The American corporation ratcheted the price of products down to increase their profits and what do the manager’s of the Chinese companies do, start sweat shops — now you do the math… Remember the saying .. what goes around comes around.
In my opinion, the most sensible thing would be to simply provide an advantage or stimulus to bring back the jobs back to the USA. Let us get all the data centers back in again. Let us open call centers — Let us wipe out the make $1000 a week folding paper rip off jobs and give the average joe the call center job…
#3965 Anonymous - What are you complaining about ???. You were the hiring manager and you opted to hire H1B as opposed to American’s. Don’t tell me that you were “told” or it was a policy.. If it were, then would you say a “corporation policy” ??
This is a very good example. Even though the folks overseas were bad, the corporation hired them. What would make them do that —- COST !!!. One is willing to sacrifice quality ( according to Anonymous ) as long as their quarter figures are strong.
I agree with all of you that being fired is a bad experience for everyone, but don’t say that all of Americans are better than folks from other countries. I know lots of teams where folks from Romania, or Austria, or Switzerland are doing same quality job or better that the US guys, and in many cases they are working more for less money.
I agree that you encountered less skilled people, but it can be found on US soil too, so forget about only US doing good at work…
Freddie Mac CFO official found dead in apparent suicide.
Greed will kill all human beings.
Oracle Buys Sun (No of Job Losses 20000)
Oracle Buys Seibel, Peoplesoft, JD Edwards, BEA and + 1000 Other companies : No Of Job Losses — 100000
IBM has ego that oracle bought Sun . It is planning to Buy SAP . No Of job losses — 200000
Microsoft will buy HP . No Of job losses — 45000
EGO , EGO is taking over silicon valley and software culture. Ego is bad for human beings, friends , nature , countries and human race.
Larry ellison net worth = 28 billion
Safra catz net worth = 1 billion
Chares philips net worth = 2 billion
why do they need so much money and layoff so many people.
In the end IBM WILL acquire Oracle and there will ne only one comany in the whole software world . Consolidated ha hahahahahahaa
45 % of Top fortune 500 companies executies are beyond bars
15% are in the jail
10% have committed suicide
22% of retired executives with 100 million payout say they are not happy and no peace in their life, they are under depression and shame for
chating so many people.
GREED AND EGO WILL KILL SILICON VALLEY. Leave your ego , leave your greediness. Live and Let Live….
Don’t get me wrong, I’m not a fan of ultra rich names you mentioned above, granted they are too rich, but that’s not the issue here.
What’s happening to Hi-tech software industry has happened to every other major industry before it. There was once over 400 or so US-based auto-makers, now there is 1 and a half! GM and Chrysler are limping and Ford isn’t exactly a beacon. The same happened to Steel, Railroads, phone, power and gas companies.
It’s called consolidation for the sake of the “Share-holders”!
So the greed blame should be shared across the food chain down to the last share-holder.
Personally I’m not in favor of it because this kind of conglomerization eating up competitors is bad for the industry. In the long run it kills innovation as it de-motivates talent who either walks off or gets escorted off the building upon take-over/lay-offs.
Objectively, a couple of observations on this purchase.
First, at $7.4_Billion SUN is a hell of a buy when you compare it to what we paid for PS. in 2005 and later Siebel. What SUN ownership brings to the table for ORACLE is a huge advantage, much more gain than we ever realized from buying former two major acquisitions.
Second, owning SUN gives Larry the power to plug mySql off the grid and onto ICU on life-support where it will receive minimal support.
heard few layoffs in oracle-india(hyderabad) both in OnDemand and NAIO group. I heard Oracle offered 3 months salary. I think that is based on performance, not sure how long that will go. any one have any info on that.
I am from Oracle India On Demand. As far as what news I have 20 people have been laid off from my group, with 5 months pay (not sure if that’s only Basic or Take Home). Anticipating more over this weekend. God knows if I will be one of them!
I was laid off from Oracle on 15th April. Today i got another packet via Fedex which has a list of designations, Age, Selected, Not Selected. I am confused as to what it means… Can someone let me know!
That just telles you that how many folks in your division got laid off with title and age. If you look at your title, you will find you are selected with your age, just no name.
BTW, how many got laid off in your division ?
79.. i counted the selected column… Mine is the NASA division… which is under the new guy…
why is orcl at 9.72?
layoffs are good for the stock price. :/
What are you talking about? Do you mean 19.72?
Has anyone gotten their severance check yet?
Highest Paid CEO - Mr.Larry Ellison..
http://economictimes.indiatimes.com/Oracles-Ellison-highest-paid-CEO-Forbes/articleshow/4440712.cms
This is a B.S. The highest paid CEO is Mr. Sanjay K. Jha (Motorola’s CEO) with compensation of about 104M:
http://bits.blogs.nytimes.com/2009/04/06/motorolas-jha-highly-paid-and-elusive/
But in any case, mr. Ellison built his company from scratch. Mr. Jha didn’t. In fact, today Motorola goes down to tubes very fast, loosing markets. A mass outsource of everything possible to India does not help this company.
Hi
The work done by BRIC countries is as good as the work done by their so called onshore counterparts (and sometimes even better than them). And they are paid less than one fourth of what their onshore counterparts get. So please stop fooling yourselves by saying work done by BRIC countries is not good.
Accept that there are people who can work better than you, Hundreds of IT co’s would not be stupid to ship jobs for the sake of money if the quality of work is bad.
US is in this crisis because of the greed od it’s economic institutions who pledged everything they could lay their hands on.
“Accept that there are people who can work better than you” - you are not working better than me, you are working differently than me. I am not going to assemble mp3 players (or copy-n-paste code, etc, etc) for a bowl of rice 12 hours a day. This is crap if your bosses are squizing all juice out of you just to declare that workforce is better, because it is cheaper.
RTFA. Your linked article does not contain the word “highest”.
According to this video lellison earns $544M:
http://video.forbes.com/fvn/best-boss-09/top-paid-ceo-larry-ellison
This is with bonus and exercised stock options.
IMHO, $544M > $104M
Question for you guys!
I am about to be hired by Oracle. I learned that this particular location (I won’t mention which) had a mass layoff recently. Once Oracle lays off a tonne in one location, are they done for the time being? Or will there be another round in the same location during the *same* recession ? Has anyone seen multi-rounds in your office ? Thanks for your help because it’s important for me to decide if I wanna join Oracle. Thanks!!
There will be another round in mid may before the end of the fiscal year, and then in July after the yearly reorg.
who do you think is going to go in this round?
subcontractors in IT
How do you check the total headcount in Aria?
Look up Ellison, and then the total number of people that it shows. It varies week to week.
Actually, Aria contains a lot of junk and is not an accurate count. There’s an internal web site where you can put in your unix id and it will provide not only your % and numeric standing among US and international imployees, it thus provides a total in US and international.
all of you suckers who blame H1Bs need to look at the facts….one year quota for H1B is 65000, an H1b can stay for 6 years so every year adds the number and final count after 6 years is 390000. These are the number of people who work in US at once on H1b and I am not counting number of people who go back to their home countries, not counting the tax H1Bs pay when they work, not counting the houses they buy here, and not counting the kind of work they do….but as per the data from govt, we have lost 6M jobs till now since the recession started….so one thing is for sure that its not H1Bs who are at fault….now if you talk about outsourcing then I must say it needs to balance out….you should not stop it completely otherwise no one in outside of this US would buy our products…..the fact is IBM’s 40% revenue comes from outside USA, NIKE 60% sale is out side of US, Oracle is spread across more than 120 countries and our people keep travelling to those countries to work so indirectly we take their work too….I read this article from one of the Indian website that when coke went to India, it bought all the pre-existing cola brands, fired all of those people and starts selling its own drink partially made in India….a coke/McDees burger in US costs the same as as it costs in India but Indian salaries are just 10% of what US salaries are….basically profit is same but cost is very low….so can you imagine the money these companies are making from these BRIC countries and then we balme them??…..I dont think its fair….its the bad time so lets get together, spend money and make our eco better..all the best and be indispensible.
I don’t think people are “blaming” H1Bs for anything. They’re just saying that if a US citizen can fill a position held by an H1B, then the job should be going to the citizen. The point of H1B employees is supposed to be that there aren’t enough US citizens to fill the jobs. It’s very hard to justify that when experienced people are looking for work. It seems to me that most H1Bs are software developers or other highly-skilled employees. Are people getting laid off in these areas and having problems finding jobs?
You need to read the whole post before you say people aren’t blaming H1Bs…and as far as filling up the position is concerned, its happening in govt sector and look where our govt stands….commercial sector is equal opportunity employers and they can/shall not do that…businesses are free to decide whats right for them…people complain when their tax money is used to lift bad banks but yea when it comes to their jobs they dont want those banks to offer those jobs to H1Bs…I dont think its fair, infact its hypocritical…just be on one side people.
Does anyone know how the severance pay is handled? I sent back the signed agreement to get the severance last week and haven’t gotten a check yet or the COBRA package information. The laptop was sent back as well, last week.
How long will it take to get the severance check?
thanks!
Me and my colleague got it on April 15, directly deposited in our accounts. And we also got the Fedex package on the same day. Still waiting for COBRA package though. Which group were you in?
I was in Orlando, but working from home. I had to send my laptop and badge back to my former manager. He confirmed that he received the package with the laptop but I’ve heard nothing from corporate.
Forward email with his confirmation to the company HR and ask about the paperwork
Payroll returned my email today and said severance will be processed this Friday, 5/1, then mailed out via U.S. Postal Service.
Attn: Peoplesoft Campus professionals
I work for ConnectedGroup - a HK based executive search firm.
We are looking for a Peoplesoft Campus Functional Consultant to relocate to Hong Kong.
Our client is a leading software consulting firm.
If you’d like to apply, please send your updated CV to - derek.lau@connectedgroup.com
Cheers,
Derek Lau
Consultant - IT&T
What is COBRA package?
Hi Darkboy,
Generally in Hong Kong, contracting roles do not offer COBRA packages or equivalent - this role is no different and it’s something you need to arrange yourself. The package only comprises of straight salary. Feel free to email if you have any questions.
Regards,
Derek
I don’t understand the SUN purchase. I guess Larry needed a boat anchor for his yacht. Apart from the Java piece, who in the heck is using Sun boxes and running Solaris anymore.
“apart from the java piece”?? i think you’ve answered your own question
it’s one (big one) up on ibm in the j2ee space, a huge blow to open source, and as a bonus, the boxes create all sorts of bundling opportunities, with j2ee, db, and apps.
Well, it is almost the end of another pay period.
Time for the giant claw that is attached to Larry’s latest aviation purchase to come down from the sky and pluck a few of us out of the workforce. Dig deep folks and hide.
Screw Uncle Larry. Second to Uncle Pervis the Paedophile as the least favorite Uncle in the Universe!
HatingThis
Not to mention that the BEA agreement ends tomorrow. My guess is between Friday and the end of the quarter, we will see something big. But who knows.
Can some one tell me a confirmed confirmed news for OD NAS
all are just mere speculations and rumors
we had it in Jan … still any more in line ??? is it ??
I hope there are no more layoffs this month. I’m dreading next month, though..as many have said, it’s going to be a big round of layoffs.
Where are you located at
North America.
I just received an e-mail from Oracle Global Procurement. It reads ‘Attend Upcoming Town Hall Meetings on Contingent Workforce Program Changes’ for ‘All Oracle US, UK, Ireland, Australia and
NZ employees’. It also says ‘Oracle, Randstad, and Provade reps will be
available in person and via teleconf to answer your specific questions
regarding the CWP’. What is this all about ?
Did you actually read the message? I thought it was pretty clear that it’s about a new way to deal with contractors. Ask your manager if you need to attend.
RJH, the problem whith this e-mail is not what it says but what it does not say. Is it that Oracle is planning to massively announce that salary employees will be converted to hourly ? That is my concern. Any rumors on this subject ?
I’m not a contractor,that’s why I don’t understand the message.
So only contractors have to be able to comprehend terms like “Contingent Workforce”? No wonder O has to lay off people.
My concern with the Contignent Workflow Plan is that Oracle may decide to convert the salary employees in Development to hourly employees, like Oracle did to the Support folks not long ago. Hopefully you are not in Development and/or don’t have to worry about it.
several former bea people in our NA sales consulting group were laid off yesterday. The bea severance agreement ends today, so I am glad that they got the larger severance.
any idea how many were laid off n anymore anytime soon?
do you know which NA region hit the bea pre-sales folks?
Most of the people I know who got hit this week were in the midwest region. (auto, retail, and manufacturing are not exactly huge growth areas right now…) Quite a few were managers, and they will get 6 months severance under the bea severance package. (Directors get 6 months severance, VP’s get 1 year severance, regular workers (anyone below a director level) get 3 months severance under the bea plan)
Quite a few people I know were hit this week, but Oracle was doing them a favor by letting them get the larger severance, versus just getting two weeks severance under the regular Oracle plan.
The main layoffs of bea folks will be in June from what I am hearing….
interesting. i had heard that bea folks would be hit before the start of FY10 to avoid bonus payouts… bea folks hit before 5/1 are lucky for sure.
There are two rounds coming, one for sales related positions before the end of the year to avoid bonus payments and one in june for non incentive bonus positions.
Heard that there were some layoff in India Siebel Support group, if any one know the details please confirm.
Support on target !
Hi,
I am with OD NAS located in India. There is a lot of speculation about the layoffs which could happen in June. There has not been any layoffs from here since Jan 9th ‘09. Could somebody tell me if we should expect something in May or June and why/what is the source of that information.
What a company they layoff skilled US workers on one hand and ask for H-1B workers in the other hand. What is wrong with this picture could it be they just want chep labor? Hummm, maybe to line Larry and Sr. Management pocket with more money. Larry, I am not sure how you sleep at night. One day you will meet your maker and YES you will have to explain it. GOOD LUCK!
are you kidding me? i sleep like a baby…
The truth is, if you have Skillz you will probably find another job relatively soon. If you have real skills, that is.
But then that begs the question: If you have skillz, why are you still at Oracle?
Most of the talented BEA folks, for example, left years ago. Many went to Salesforce, etc. Only the deadbeats and lazy people (like me) stayed behind. Now, we are wage slaves begging for scraps from the Oracle masters.
Good luck
Bend
I second that.
Best skills to retain a job at Oracle: clever forecasting, spreadsheet management, attendance on the mgmt party circuit, customer avoidance
Worst skills: Technical capability, customer like you, project management
I don’t understand what is wrong with cheap better skilled labor?
If you think you can do the same job for the same money, please let Oracle know and they will be glad to hire you and most importantly, your skill level needs to be the same as the H1b worker, which on most occasions is never the case. There are some H1Bs who came to this country with fake experience and fake resume, but that would hardly be 10 - 15% of the total population. The rest of us came here because of our skills. Most importantly, Oracle paid me a six figure salary so please don’t think that all h1bs are paid below the market salary.
I worked for Oracle for 11 yrs in Consulting before resigning 2 yrs ago. 9 out of 10 times, we had a problem with American Consultants working in the Technical area. Functional Consultants were normally good, but the American Techies sucked. I once worked with someone who had 20 yrs of technical experience and did not know the difference between Varchar2 and Number data types (I am not kidding). The only thing he did in the project was Documentation and Admin. The client was paying 200$ per hour for this person. I feel sorry for the client and Oracle.
Anyway, all of you highly skilled americans … wake up … if you have a problem with the hiring policies… please go to India and take our jobs … See if anyone is willing to hire you … that wud be a revenge on us indians.
Cheap ? definitely.
Better Skilled ?
Well I have seen Dev Managers/PMTS in IDC who are really pathetic for their job roles.
Big joke!
I know of a great , highly skilled, out of work developer who recently out bid India for a consulting project, at 12.50 / hr. Look out India, America is the new India! You guys over there are too expensive!
anyone heard of any layoffs which will happen on 4th may? in North america?
There are lots of reasons why i’m still here, mostly due to location rather than opportunities…….
This month, my extra hours were not paid. When I checked with HR, I got the response they would be paid in May (i’m not disclosing the date) due to an HR error where the OTL was not uploaded! When I checked with other colleagues, they were all paid correctly. So, am I being paranoid, or am I on the ‘list’ ?
From working at Oracle, I know that when your number is up, it’s nothing to do with whether your good or not