(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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The utilities vertical laid off approximately 100 people.
I was laid-off last Thursday - was in the tax and global utilities business unit.
Are they giving any sort of severence pay ?
I was also in the TUGBU group, and I was laid off on June 4. Some stats, there were 41 people laid off, of those 63% were 40 and older. Looks ripe for an EEOC complaint.
Oracle, India, Hyderabad, Support, Campus.
HR called me today surprisingly. Looks like I may be laid-off. It has begun in Oracle support now. Looks like major layoffs are coming in June for Hyd support folks.
..
Are you sure.. there going to be layoffs in Hyderabad support?
I heard there are many layoffs in India in June. around 16th. lets see.
Does anybody know if there will be more layoffs in North America in July?
any more layoff news??? now that fiscal year is over
Big rumors again Oracle is layinoff on the 19 more than 700 NAC consultant
what a pain for USA consultant…..dmmmmmm
Where did you hear this?
I hope this is just a rumour.
I hope government do something about laying off without advance notice. Oracle is smart!! and covered themself by not doing massive layoff so that they do not have to comply with WARN Act. They just layoff employees in waves and each wave is around 100-200
employees but does it every quarter or every month..
Around 100 people were laid off in the NA Utilities Vertical on 6/9.
that don’t impress me much
any one let go in GC area???
Hearing of a reorg in NAS - any layoffs part of that or just restructuring?
Guys & gals — please stop the cynical words about skills etc. The world is not that simple, not always “logical”, far more complex than that. As they say in aviation, it is seldom a single cause that brings down an airplane in case of an accident. The fact is that some excellent people are loosing their jobs, as we speak.
Managers rank their people based on skills and marketability. The people at the low end of the range are more at risk of being laid off. However, they also look at “human” factors. For example, is this employee flexible and open to change? Does he/she have a good attitude? Does he/she have potential to grow? Does he/she get along well with co-workers and help other co-workers if needed? Is this employee reliable? Does he/she call in sick or miss work for other reasons frequently? If an employee ranks low on the “human” factors, even with a high skills ranking, they could also be laid off. And, since many of these factors are open to interpretation by the manager, if your manager doesn’t like you, you’re in trouble too.
Just something to keep in mind if you don’t want to get laid off.
I was on the 4/15 list. My former manager hates my guts, put me on the rif list. A friend of mine saw the list and pulled some string and transferred me out to another group.
Granting L1 and H1 in this economy is not helping rather it is making bad situation worst.
Got the news one more round of layoff is coming on 26th June 2009
anybody heard about any reorg news, happening tomorrow?
Are there any layoff coming in D.C. area?
Yes got the news from relaible sources that 26th June there will be major reorg NAC
any more on this?
Did everyone get laid off???? No posting for 5 days???? Is this site still working?
It works as a swiss watch. No new layoffs recorded yet. Stay tuned
This site has been useless since they changed the layout so that message appear in some kind of strange pseudo-random order.
This doesn’t look like ‘pseudo-order’ to me. I could comment someones’s comment w/out refering like “answering to #2314, 34 and 1298-1300..”
Well, we are at comment 8048..and more, with a post originated in January…. mmh… that’s not only random, is really a jungle to read!!!! Would be good a timeline…
BTW… I’m not sure about the head count… something’s strange there…
re: “..with a post originated in January..”
True, but this is the most popular post related to Oracle layoffs:
http://www.google.com/#hl=en&q=Oracle+layoff&aq=f&oq=&aqi=&fp=leBsIIJAIN0
I agree, posts navigation could be implemented better
Right now, these are the last few comments I see, based on the topmost threaded comment:
8044 - June 23, 3:07 pm
8073 - June 23, 11:09 pm
6928 - June 4, 7:54 am
7023 - June 5, 3:37 pm
7143 - June 8, 8:05 pm
7153 - June 9, 12:35 am
7331 - June 12, 7:34 pm
7366 - June 13, 9:55 am
7399 - June 13, 8:24 pm
7452 - June 14, 3:54 pm
7496 - June 15, 7:58 am
7506 - June 15, 12:03 pm
7511 - June 15, 12:36 pm
7512 - June 15, 12:39 pm
Although this is not completely “unsorted”, it is very irritating to read. If the guy who maintaines this site is/was working in Oracle, I wouldn’t be surprised if he gets/has gotten laid off.
subscribe to RSS feed for the comments updates and be a happy camper:
http://layoffblog.com/2008/12/18/rumor-oracle-major-layoffs-are-to-come-in-january-2009/feed/
Oracle employed 86,657 globally at the end of November and 85 562 at the end of May. Down 1095 employees.
In the same time, Oracle just reported operational margin of 51% and margin of 24%.
It does not prevent the management to ask for “protection margin plan” in Q1 - yeah, orcl is struggling to survive, if the margin fall to 49% we might end up as the new wall mart (grins).
Almost twice as much as what was invested in Research and Development (2,7 Billions) has been scrapped on stock repurchase (4 Billions). I understand now the delays with Fusion (special grins to our german friends out there).
A company supposed to be in high tech business that is spending less than 12% of the revenue in R/D and getting more than 50% of its revenue from maintenance is doomed on the long term. See Digital. We wil end up bought by HP - or be fired-riffed-piped before.
http://www.oracle.com/corporate/investor_relations/earnings/4q09-supplemental-tables.pdf
Oh, small question: where do we consolidate the revenue for tax purposes? Orcl was strongly lobbying in congress in Q3 to pass an extra-bill on allowing bringing the revenue back home without surtaxes - as most of it is currently not to see Uncle Sam’s territory.
It is very uncertain that our jobs are safe.any movement we have been laydoff.
I got pink slip today
What state are you? And what department. So sorry to hear that…
Can you tell us which group you were in? Atleast which EVP?
Good thing in oracle is getting 4-5 months basic pay when we get laydoff.Today i got pinkslip
any idea of how many others?
What state are you?
Why do you ask about the state? Consultants may be located all over the US right?
You talk about basic pay, so:
1. I presume you were in IDC/SSO or some other org in India (your time zone also seems to suggest that).
2. 4-5 months basic is pretty sad - I expected 4-5 months of total.
Looks like at least two people (8159 & 8160). Any idea how many more? Can you give us details of which group/which EVP? Was it related to your appraisal?
Wishing you all the best - I’m sure you will find a way out. Expecting to join you soon … if all I can expect is 4-5 months of basic, I think I should put in my papers.
Not really being reported here, but hearing from former co-workers being laid off bit by bit. More yesterday and quite a few on June 4th. All in NAS. Have also heard from high-connected sources that NAC was to get a substantial hit (I thought today but not sure when). Also, NASA SCs re-orged…gotta wonder when the ‘rationalizing’ happens. Maybe Aug/Sept. Commercial dropped a region. always something.
What Commercial region was eliminated?
There were definitely some… anyone know a good website for ex-Oracle people… not there yet, but getting close…
This is the one
Welcome to the club!
I know that the IBU got hit yesterday, specifically AGSS.
We are looking at about 10% annualized attrition. That would mean a half life of 6-7 years.
Oracle Consulting
——————–
90% of staff are located at client site, and one can start to feel disconnected from the rest of the organization when offsite.
Leadership varies WIDELY across the firm. The successful teams that are exciting to work on and offer professional growth oppportunitie are the ones that are managed by strong leaders. There are a few, less established teams that lack consumate leaders and it is evident that they have no vision or strategic direction for the team. It is also apparent that their employees are dissatisfied and turnover is is higher on those teams.
It is a very political atmosphere where promotions are based on who you know and “playing the game” more than merit. Depending on your job function within the company (there are a lot), it can be very specific and, therefore, difficult to transition to another job. Lower salaries than competitors.
Any news on layoffs ? Anyone knows how many were cut off in Oracle Retail since Jan ? I heard on teh contrary they are hiring in Australia.
any more news ?
All quiet on the Western Front?
Lot Of Layoffs coming in IDC, I am glad concerned’s(Fatima?) friend got laid off and is moving on with better things.
See it wasn’t so hard was it?
Next Round IDC. Get Ready
What is IDC?
India
IDC - India Development Center
Indian Development Center. I heard few people fired last week in Hyderabad and Bengaloor. I think few more things will come up. Looks like they are laying off people with high salary. Started recruiting fresh College graduates and providing training and placing at work. Not sure how they are going to handle Production servers. Very risky to the customers.
http://www.reuters.com/article/technologyNews/idUSTRE5615EX20090702 Says oracle is laying off 1000 in Europe
250 Jobs cut in France. About 150 in Consulting, and 100 more impacting all LOBS.
GC looks OK. Only a few lay-offs. any comment?
question or a statement ? what is GC btw ?
15 got pink slips in IDC today. They were all recruiters.
could you give us more details? whose org they were in?
did they get any kind of severance package? any details on that?
Oracle GSD is one of the most pathetic places to work for.
Any Idea if any layoffs planned in July for OCS in NA?
if youre still sitting around in OCS, you are out of your mind. Flee now!
Video courtesy of CFDT Union : http://www.youtube.com/watch?v=A4s6AI2dLVI
GC = Greater China including China, HK and TW
I gave interview in Oracle-retail in whitefield bangalore office for application developer position. After 6 rounds(including technical and managerial), I was told that i am selected for the position but offer letter will be processed and sent to me after a month. After reading over net all this regarding oracle hiring process in these blogs and recuirtment sites, am worried abt my joining there. first of all am not sure, if i’ll get the offer or not, and if yes, then i can be laid off anytime…it is scary. please suggest, what is the ideal time of getting offer letter for a 3 years experienced getting a post of Application Developer in Oracle Retail in bangalore.
Take the job! It’s highly unlikely that you would be laid off just after getting hired. There is some possibility that your offer will never come, in which case your decision is made for you. Oracle lays off some people, but the company overall survives. Most people survive. So far, I have.
Good luck. I hope you get hired.
How many days or months they take to give the offer letter? any idea? i am supposed to get a position in oracle-retail, bangalore office as an application developer. any guidance would be of great help. thanks
HI..thanks for valuable suggestion…now again am in a great confusion state….. am a .Net developer. but a strange thing happened with me is that i got recruited by oracle bangalore for retail applications. i am recruited for a particular project in .Net platform for one of the product of oracle retail and now finally after a month i got my offer with a significant hike. but am not sure whether to join oracle or not. I’m aware that oracle is biggest microsoft competitor and never work for .Net technology. now my doubt is that since i am a .Net resource and am not sure as to what will happen to me after this project? would i be laid off, as they dont have any more .Net project or they’ll re-skill me….or really they have anymore .Net projects??? please help as soon as possible….
Hay wondering has anyone ever volunteered to get on the list?
I did but my manager did not put me on list, In India it was common to ask for a layoff in 2006. Oracle was the lowest paying company and you would get a 40% bump + layoff benefits if you get laid off.
You can join the next day if it was a lay off.
Its a circle in 2 yrs
Rational, I can see why you would want to get on the list, given the stress from wondering when the axe may fall on you, but have at least 2 things in hand before that: 1) a plan for going forward with no job 2) money to get you through your plan
I work with NAC. I’m learning that they are looking at cutting off more NAC Consultants pretty soon. Anyone knows more about this ?
If you are still in OCS (NAC) RUN! you have to see the job market and the rates being offered to understand that it is highly unlikely NAC will draw much business in these times. It has nothing to do with you, just the market situation and you must understand that.
mangers in Oracle GSD india does know how to write emails even.This is on records with people there who find it very hard to even understand what the manager is trying to convey
the whole epm/bi team in sydney was kicked-off…so much for the hyperion acquisition
On Monday?
What team? Consultants/support/development ? !!!
the where some headcount losses in the NASA CRM group today
Sales or Consulting? What cities?
Rather than just going ahead and laying off the Delivery Consultants every Quarter, Oracle NAC should try and rationalize their Billing Rates in this tough economic to get more business as other Middle tier Consulting firms are offering experienced Resources at a much more realistic pared down rates that Customers can afford. They cannot afford to get more business in this economy by charging Customers @ $ 200 per hour where others are charging anywhere between about $ 80 - $ 100 per hour.
For the delivery Consultants who are still with NAC life really sucks…!!! They are being penalized with layoffs absolutely for no fault of theirs. They are regularly losing jobs because of bad management policies and incompetent Oracle Sales folks who are not aggressive enough to get more business. Even in this tough market companies like IBM, Delloitte are still able to rope in the big deals and projects….so how come Oracle Sales is Not able to get business to avoid these Quarterly lay-offs ?
I have personally dealt with some Oracle Sales folks and have some really bad experiences. I was at a Customer about 2 years back where they had a business requirement for a certain product and I being a delivery Consultant sold them on the idea of using an Oracle Application module that would have perfectly met their requirements. They were already running on Oracle and therefore the customer saw the value in implementing another additional Oracle module to meet their requirement rather than going with some other small time Software vendor.Therefore I passed on this very ripe Sales lead for a License Sales cum Consulting opportunity to Oracle Sales, BUT they were lackadaisical enough not to capitalize on the deal. Instead the Customer went ahead with some other vendor as Oracle Sales could not even deliver a proposal to the Customer in 4 weeks time.
I still work at Oracle in NAC. Oracle makes its profit based on the ability to hire and fire employees at will, its scalability.
There are both negatives and positives for working at OC. I’ve worked and know people at some of the big 5 as well and it’s no walk in the park there either. I agree that Oracle Management is absolutely, horrifically terrible at communicating with its employees.
In the end, if you are skilled and find yourself laid off, you should be able to land easily somewhere else. For me, working for Oracle is a choice. My management are good people who basically judge me well for what I do, assist me in my career advancement, and leave me alone to do my job. If my management changes, then I will reconsider my employment. But for now, I’m not going anywhere soon, and if I get laid off, that’s their loss. Really, if you are skilled, you will land on your feet.
By the way, NAC quarterly bonuses look like they’re being paid at its normal time and it looks like the 15th of the month before the bonus will be okay this time around for NAC.
StillOracle, thats all great and well. I think we all feel the same as you. But once these guys have no project to put you on and theres a RIF, You are gone. From what i understand even your manager cannot do much once HR or whoever the powers that be are looking at the bench. I Disagree about the other consulting firms, Deloitte does their best and has much better relationships, they have great networks of consultants that network other consultants and help with growth and gaining new business. Peoplesoft was good with that too, not ORACLE CONSULTING. From what i know now, working for Oracle Consulting is as good as working for a third party contractor/recruiter firm.
Few Project Manager and Senior Delivery People in Oracle make cuttings everymonth to pay off their mortgages.There are cases Oracle PM make deals with customers for this cutting. You can see groups getting formed in OracleOne Project manager recently advised that Oracle Senior leaders will use the F***** word and u have to get things done.You have really lick the ass.
I know few indians working as directors and others especially at Sun made millions during the project.Oracle consulting is really screwed up.There are lot of people who dont anything but still working…
Oracle hires Contractors through India Delivery Center to save tax money. Hope you all know Mr.President announce that there will be no tax exemption for companies who offshore jobs to india. Oracle US offshores job to Oracle india,Oracle India outsource to third party indian company(owned by some guys wife who is working in Oracle as senior leader). That guy will have tie up us contracting companies who process h1.
Oracle Project manager hire those guys to save cost. Oracle NAC consultant will cost 172$ to the client and the cost center will charge 120$ but a gsd contractor(who is not an employee of india/us) will be charge 120$ and will do the same job.
When the project comes to an end.Project manager will release the NAC guys and they will laid off but the GSD contractor will be retained.
IF this is going to be the model of Consulting Company, It is really shitty place to work.
Oracle Consulting is really a shitty place to work..and if you are ready too lick somebodies ass….
Njoy Oracle Consulting.
Tiredmind, Wow this is eye opening or should I say eyepopping. Please can you name some of these people you have mentioned in your post?
name? why not email a whole list to HR…..oh sorry, “Curious” is HR. :-))
Land somewhere easy? in this economy when you have 500000000 H1Bs still in this country and competing for the same job as you, even your 10 years at Oracle Consulting won’t help much, as someone who interviews and techs out potential candidates for Oracle clients in the past, I can tell you alot of the H1Bs might not have more experience then you but alot of them have a much better overEXAGGERATED resume then you. Your experience at OC will help a little, but not significantly. I see you are not aware of what is going on in the Technology Job market.
Exec VP. C.Roz left Oracle.
wow. Rozwat left? interesting. Most likely being replaced by a SUN Exec.
Nope. TK.
tiredmind hit the nail. You feel like an outsider working for NAC and you are competing against GSD contractors all the time. I spoke with the technical lead for a project and they liked me, but I noticed pretty soon that I was not selected. I complained to my manager and she talked to them. She told me a contractor won the position. They rather hired them that us Oracle consultants.
This is different if you are one of the protected ones. I worked in Austin project and my lead choose him to have awards and presented him as one of the best. He was the one making mistakes every single day, even in Go-live days.
If you are a protected one, your life is good at Oracle.
What is really mind boggling is, I worked with numerous CSM’s (consulting sales managers) who were frustrated as shit
because Application Sales goes past Oracle Consulting and uses third parties many times. Why the F*** does Oracle have a consulting organization in the first place? they don’t do implementations anymore, they barely do ERP upgrades, they just wind up jerking consultants from one client to another and now telling them they are more of Advisors then consultants, because GSD is doing all the work. Don’t ever compare a REAL consulting organization like Deloitte or Accenture to Oracle Consulting. Theres no comparison. The same projects you find in your PJR Spreadsheet are the same projects posted on dice by some recruiter named “Pradhu Badhu InfoYogi” who can only pay $50/hr. But Oracle charges 3 times.
Are you aware that in April alot of the consultants who got laid off were Senior and non Senior Practice directors?
there goes you’re theory on “Protected Ones”. You got it all wrong.
What has to do with Senior or Senior Practice directors? I am talking about the consultants you know they don’t deserve to be working at Oracle and still have a job. No matter the title. My ex-manager she is one the protected ones. She doesnot know right from left but she still have a job at Oracle.
Agree. Oracle is full of such crap! I sit next to one of those ‘protected’ ones! He plays flash games for 7 hours flat, multiplayer mode, strategy and all ! No work for more than a year … does small bits in between … old friend of my manager … still at oracle and will always be!
who cares! and my name is Mad , I wonder why!
what happened to 1000-layoff in europe ! any one !!! I am MAD !!!
They went back to Bangalore - that’s what
Hyperabad and Madhupur Village. They are there. Go look for them.
you got any idea of what the guy was asking about? any news on european layoffs ?
I worked for NAC twice for a total of 8 years. There are pros and cons to working for NAC and working independently. The bottom line is that in today’s level of competiveness, being independent far outweighs working for NAC. A half dozen years ago, NAC was the better option (better quality education, stronger references, tighter connection to development). But the fact is that the talent pool outside Oracle has grown exponentially and is superior across the board. Independence increases competition for business which in turn forces skills to escalate rapidly and consistently over the long term. OCS cannot do this partly due to the excessive margin requirements (which they can control but refuse to lower) and partly due to turnover (which they cannot control) Being solid, knowledgeable and conscientious is not enough. You have to have deeper experience in more modules in more industries at a low sustainable price. It is not just expected. It is demanded. That means you have to develop your own consulting toolkit, win your own business and maintain your own strong consistent references. No body is selling services for you. YOU have to do it yourself. Brand name will get you nowhere. When customers hear “Oracle Consulting,” they used to think “quality.” Now they think “overpriced.” In short, the free market has allowed thousands (and I mean THOUSANDS) of small firms to capitalize on the arrogance of the sleeping giant. And we are laughing all the way to the bank!
This wasn’t hard to do. Larry Ellison made it simple with his clear dislike for OCS. It was Ray Lane who more than 15 years ago convinced Ellison to “tolerate” OCS by designing a business model with excessive margins and global brand name expansion. It worked. The only problem is, this model is not sustainable in the very long term (over decades) in a global market. Sooner or later, the client will stray in search of equal or better talent at reasonable rates for the long haul. Clients are very sophisticated now. They talk to each other. They know the commitment they are taking on by implementing Oracle and know that they have to look beyond just the implementation. They have to plan for the on going care and feeding that follows and that takes time, resources and money making Oracle Consulting an unattractive option. Today, OCS’s reliable market has shrunk to those clients who insist that the implementer and the software vendor be one in the same….pretty small market which certainly cannot support such arrogant P&L numbers. So guess what? Now OCS has no leverage to justify its existence. It can’t make its numbers. It won’t change its numbers. Competition is eating its lunch. And the Chairman doesn’t’ support the organization. We in Independence-ville call that “going out of business.”
Rest assured there is enough business for all of us (save the current market). H1’s are few and far between now. This economy took care of that. Companies simply won’t sponsor them anymore. In this market customers “insist” on US citizens only with very few exceptions (just look a Dice and Monster postings).
And don’t forget…being independent means YOU choose your projects, not some incompetent Resource Analyst who has never set foot on a client site. Best of all, you negotiate the rates, pocket most of the money and get paid for every hour worked. Feel better?
I personally have believed since Jan. That Oracle will dismantle and be done with consulting, the organization has been shrinking severely for years. They mines well, their not good with it. To many highly skilled and most respected consultants and consulting managers were let go since Jan. you only have a few idiots sitting around and GSD.
That is probably mostly true. Had heard many years ago that the company was not a huge supporter of consulting or we were the lowest of the low in terms of corp hierarchy. Friends encouraged going to a consulting org where consulting IS their main business and possibly attitudes toward consultants would be better and is probably time to consider that move.
For the development organization, support etc. I remember going to Redwood Shores to Oracle Parkway 10 years ago, go see it now, see how the demographics have changed severely, it’s H1B/L1 heaven. I’m not even sure you can understand most of the people there if you speak to them. So i’m not sure about the comment that H1B’s are few. America would like to thank Mr. Ellison and his brilliant President Charles Phillips who is also a part of Obama’s economic recovery cabinet, President Barack Obama needs to take a look at how Mr. Phillip’s company Oracle Corp. employs 90% non Americans on american soil, and how they employ more people offshore then in the US. President Obama invited Mr. Phillips to help with the recovery, I do not see how someone who’s company is the main culprit in taking away jobs from the US would do that. Good Luck!
You are right about the change in demographics over the years favoring H1’s over US citizens. But that was before the near fatal collapse of the US economy last Fall. It’s as if the playing field has not only been leveled, but overhauled. Favoritism to H1’s (in senior roles including management roles) has all but disappeared. See for yourself. Log on to the websites your favorite 10 companies for a job you want and see if they will sponsor H1’s. Most say “H1’s will not be considered” or “US CITIZENS ONLY.” Of course this comes at a price….namely, 20% lower salary and 30% lower rate than we are accustomed. But that is unavoidable when the banking system of a world superpower fails and credit stops. That kind of collateral damage impacts every single business and every single individual. And when that happens, everybody gets scared and recovers from their fear in unpredictable ways. But so far, those who are brave enough to overcome their fear and gamble by posting a job all have one clear message…ONLY US CITIZENS WILL BE CONSIDERED.
And don’t even get me started on Obama. Just 1,248 days left to go.
Oh, please! 40K more H1B workers came to this country this year. In addition to those who are already here. I bet most of them are Indians. Their family members, after short classes in a local colledge (i.e. for almost free), will become QA engineers working for ‘experience’ or ‘resume’. Maybe only NASA or DOJ are considering “US Citizens” for their job opennings.
Read CURRENT postings. ONLY US CITIZENS WILL BE CONSIDERED.
I Personally know an alarming number of H1Bs in the development organization yet Oracle is laying off american citizens and green card holders.
Not surprising. But that’s Oracle. Look at new postings (outside of Oracle). I applied for 4 conract jos today. At the top of each posting “US CITIZENS ONLY.” Also received 3 inquiries from 3 recruiters, all 3 also read “US CITIZENS ONLY.” The excuse of H1’s pushing US citizens out of the job market may be valid in small numbers but is no longer valid in the overall market. Also, click on the Computerworld link on the next page which discusses this topic.