Oracle's Surprise Unannounced Layoffs 'Clear-Cut Teams of Engineers' (ieee.org) 180
Oracle "swung the layoff axe" Thursday, reports IEEE Spectrum, saying that the move "clear-cut teams of engineers."
The exact numbers of employees cut and their specific roles have not been reported by the company, but the layoffs are clearly significant. Fifty in Mexico, 50 in New Hampshire, 100 in India, at least that many in Silicon Valley -- the numbers, according to anecdotal reports on theLayoff.com and from internal chatter, are adding up quickly....
Oracle's layoff day started at 5 a.m. Pacific Time, when an email from Oracle executive vice president Don Johnson with the subject line "Organizational Restructuring" arrived in employee inboxes. The email informed staff members that, going forward, everything in the company would revolve around the Oracle Cloud Infrastructure (OCI) operation... Then the email continued with a perky sentence that made some employees furious: "OCI's business is stronger than ever, and this team's future is bright." At approximately 10 a.m., I'm told, just five hours after that email, the layoffs began -- and according to anecdotal reports included significant cuts within at least part of that stronger-than-ever, bright-future cloud business.
Those affected were given 30 minutes to turn in company assets and leave the building, and were told that Friday (today) would their last official day. "The morning felt like a slaughter," one Oracle employee told me. "One person after another...." And, that employee said, the layoff process was handled very badly, with entire teams being ushered into conference rooms as groups and told that they no longer had jobs. This employee indicated that technical teams, particularly those involved in product development and focused on software development, data science, and engineering, seemed to take the biggest hit.
Business Insider reports that Oracle hasn't formally announced the number of people laid off, but adds that "One source we spoke to was told by his manager that 1,500 people worldwide were cut."
Oracle's layoff day started at 5 a.m. Pacific Time, when an email from Oracle executive vice president Don Johnson with the subject line "Organizational Restructuring" arrived in employee inboxes. The email informed staff members that, going forward, everything in the company would revolve around the Oracle Cloud Infrastructure (OCI) operation... Then the email continued with a perky sentence that made some employees furious: "OCI's business is stronger than ever, and this team's future is bright." At approximately 10 a.m., I'm told, just five hours after that email, the layoffs began -- and according to anecdotal reports included significant cuts within at least part of that stronger-than-ever, bright-future cloud business.
Those affected were given 30 minutes to turn in company assets and leave the building, and were told that Friday (today) would their last official day. "The morning felt like a slaughter," one Oracle employee told me. "One person after another...." And, that employee said, the layoff process was handled very badly, with entire teams being ushered into conference rooms as groups and told that they no longer had jobs. This employee indicated that technical teams, particularly those involved in product development and focused on software development, data science, and engineering, seemed to take the biggest hit.
Business Insider reports that Oracle hasn't formally announced the number of people laid off, but adds that "One source we spoke to was told by his manager that 1,500 people worldwide were cut."
Re:Larry Ellison (Score:5, Funny)
Its hard to find someone that makes you feel warm and fuzzy for Bill Gates.
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Its hard to find someone that makes you feel warm and fuzzy for Bill Gates.
And yet Larry Ellison almost makes it look easy. That's quite a talent.
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Bill Gates is pretty warm and fuzzy these days.
Check out his charity tennis event with Roger Federer and John Isner.
Re: Larry Ellison (Score:2, Insightful)
But neither of them are CEOs of those companies. Maybe a decade or two ago, but not now. You should instead focus on current management?
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You underestimate the control they still have. [geekwire.com] Think about it: who in the world could confront Bill Gates over any substantive Microsoft issue (for example, CEO succession) without being summarily evicted from any relationship with Microsoft?
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Re:Larry Ellison (Score:5, Insightful)
All of that $120M is plowed right back into the economy at the lowest level
Yeah, because the people running the yacht-building company are doing it out of the goodness of their hearts, and they're not collecting any profit. Er, wait...
Bill Gates work, while beneficial to humanity,
Bill Gates started with BASIC on paper tape, and if your tape was bad and broke he wouldn't replace it.
Then he CEO'd Microsoft, which was found to have abused its market position in basically every possible anticompetitive fashion.
Then he moved his ill-gotten gains into the Bill & Melinda Gates foundation, where they can't be taxed. (And there are numerous ways to get your money back out of a charitable trust.) Since then he's spent his money spreading Big Pharma's chosen IP laws around the globe, and on "improving" education in ways that actual educators (and those who study education) say actually harms education. He has eradicated zero diseases, at least in part because some governments won't deal with him, because you have to agree to strong IP law protection for pharmaceutical companies in order to get medical aid.
IOW, Bill Gates' work is neither beneficial to humanity nor job-creating.
How many people to crew the yacht? 23 full time jobs. Just for his boat! His previous yacht (now owned by David Geffen) has a crew of 45.
Wow, that's two drops in the bucket!
Re: Larry Ellison (Score:1)
Yep. If he was really charitable there wouldn't be entire communities in the US Appalachian region without indoor plumbing and electricity....it's more fashionable on the "world stage" to solve problems outside the US than within it. He doesn't care if parts of tbe US are effectively akin to an u der developed, third world, country, he cares about showing off by exploiting one to "try" to help the other.
Feck the people who think they are world savers. Feck the people who think CS jobs belong anywhere near b
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The improvement in the quality of life is the ultimate end goal. Jobs and money are means to that end.
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This whole thing about government not getting to attack people based on their political beliefs is a race to the bottom !
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Larry's not running Oracle anymore.
Mark Hurd is their current hatchet man.
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Customers create wealth
Workers create products
Products bring in customers who spend
Capitalists just keep development money unavailable to those who don't create the MOST income for the LEAST product in the SHORTEST time.
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Demand + [good | service] creates wealth, not supply.
I could create thousands of balls of bellybutton lint. If no one wants them, they're worthless. There's no demand for them. OTOH, I could create a car windshield that is totally hydrophobic and obviates the need for windshield wipers and frost scrapers. There would be great demand for that and that would create wealth. If I could produce enough that is.
1500 out of 137000 seems comparatively small (Score:4, Insightful)
Regardless, I await confirmation that the main cuts were in their cloud operations.
Re:1500 out of 137000 seems comparatively small (Score:5, Insightful)
End game for Oracle is to only employ lawyers and salesmen.
Re: My wife. (Score:1)
Tech jobs: Great shot at a stable low 6 figure salary.
Business jobs: Bad shot at a VP job making high 6 figures.
Sure, you can make more money and do less in business, but the competition is fiercer. You need to have the right look, be good with people, know the right people, etc.
For the tech people who got fired, who gives a fuck. If I got fired tomorrow Iâ(TM)d shrug my shoulders, I get offers for jobs 24/7 because I keep my resume up to date and I am always learning new things. If they cannot get
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For the tech people who got fired, who gives a fuck. If I got fired tomorrow IÃ(TM)d shrug my shoulders, I get offers for jobs 24/7 because I keep my resume up to date and I am always learning new things.
Exactly.
Business jobs are not that bad a shot (Score:2)
Business jobs: Bad shot at a VP job making high 6 figures.
It seems to me like business jobs making low to high end six figures are not actually that hard to get, as long as you have the entry credentials.
Now if they enjoy those jobs as much as tech workers, that I am not sure...
And telephone sanitizers (Score:2)
Maybe hairdressers will stay too.
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As the financial sector has shown, there's more money to be made shuffling virtual paper around than there is in actually making useful things.
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Not that Oracle has a lot of experience with "useful things" :D.
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aw, how cute. You think that Salesmen will still be useful when Larry gets everyone vendor locked-in.
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They get locked in to the software, not the cost of it.
For example, lately Oracle has been offering to "forgive" some backdated license fees if a customer agrees to become an Oracle Cloud subscriber. Gotta pump those usage figures!
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Oracle has vendor lock-in for major corporations. Getting off of Oracle, with all its SQL customizations, is very expensive and time consuming. This is much harder than swapping Linux for Solaris.
I haven't encountered any recently founded firms (last 15 years is "recent" here) who use Oracle. Who want to be subjected to Oracle's "audits"?
But the long terms savings in not having to ship slabs of corporate revenue off to Larry Ellison's portfolio are considerable.
Oracle sucks (Score:5, Insightful)
A few hundred is hardly a significant number across a large organization like Oracle, my own company (a competitor) is cutting way more than that. What seems to be the difference is they're handling it absolutely in the worst possible way, for no reason kicking people out on the spot instead of relying on attrition, early retirements or at least providing a reasonable heads-up to those affected.
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I remember when I was finishing at my state college way back in '91 and learning programming was all the rage. "If you become a programmer you'll be set for life."
I didn't believe them and, although I did lear some programming, I never put all of my eggs in a single basket. I do PC, Mac and server support along with web coding and design and technical writing for support manuals.
It's damned hard to look at a promised "career" like programming and realize it was nothing but a "job" to your boss.
Bread line is
Re:Oracle sucks (Score:5, Informative)
A few hundred is hardly a significant number across a large organization like Oracle,
A few hundred employees are not a large percentage of Oracle's total number, but the headline implies that they are firing programmers, and their total number of programmers is vastly less than the total number of persons in their employ. If they are truly letting a large number of engineering staff go, it's a sign of further impending change.
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Plus any decent engineering staff left, will be looking for work now, especially in the cloud space which is in huge demand.
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Layoffs come in threes.
I've been in big corporations long enough to know the runes.
I was once laid of, and I learned about it from the CEO of another company, who'd been told by the CEO of the company I worked for. He head hunted me before I was laid off.
Out the door Monday at 11.00am, after the 'big announcement'. 12.00 noon, working and the new place. Unemployed for 1 hour.
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I was under the impression it was a real thing, constructed around market reporting times so that the 'pre arranged' trades of execs line up with positive stock responses to events.
I could name names, but I don't like being sued.
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Can't agree with that. First layoff is designed by existing management to "clean house", "take us to the next level", etc. First layoff does not achieve those goals and usually takes the organization in the opposite direction, so existing management panics and does a second round of layoffs (actually touching a few of their friends). This makes things really worse, so finally the board of directors fires existing management and brings in new management, but by that time the situation is so bad that the n
Re: Oracle sucks (Score:4, Insightful)
More succinctly, first they downsize, then they rightsize, finally they capsize.
Also the cuts were in their cloud services (Score:2)
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And if you paid attention to how they handled the lay-off announcements, it is an excellent reason never to interview at Oracle.
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With that said, it was a 1% workforce cut. I've been in far worse technical layoffs - one company I worked for (that eventually fired me as well) had massive layoffs filling auditoriums in multiple waves - roughly 40%, followed by 30% - when the tech bubble broke in 2001, Then they rebuilt and had a 30% layoff again in 2008. In my case I survived the worst of it but my salary bubbled to the top and I got caught in a 15% cost cutting layoff along with several of the best engineers in the company. Honestly, I
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Summer's coming. Maybe Larry needs to gas up the yacht.
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they're handling it absolutely in the worst possible way
Nope. Heavy handed as it seems, the only way to make cuts like this is to identify the people who have to go and get it over with quickly. Otherwise the good people leave and you're stuck with people you don't want.
Re:Oracle sucks (Score:5, Insightful)
I''ll disagree with this. The "good people" taking off is always a risk when money at a company is tight and the economy is not tumbling. It can make sense to cut entire teams and projects. The _remaining_ good people are now, all of them, flight risks, because they know that they will be treated poorly and their teams discarded abruptly.
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"Seeing the deadwood around you get flushed" often has little to do with layoffs. The best people, the ones who accomplish the most, often upset management and have their best projects set aside in a layoff. I've personally volunteered to be laid off because I'd trained my crew, they could handle the maintenance mode the projects turned into after the layoffs, and I had better freedom to move or switch to a new role elsewhere.
> Jumping ship just because there was a layoff doesn't make sense anyway,
Abando
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relying on attrition, early retirements or at least providing a reasonable heads-up to those affected.
Attrition means the best people leave, because they have the greatest opportunities elsewhere.
Offering early retirement is similar, good people leave, and they are stuck with the dregs.
Giving people a "heads-up" means you have people on payroll for weeks or months that know they are being cut, are not doing much useful work, and are dragging down morale.
Oracle made the cuts in the best way they could. If a product line is being ended, it is silly to keep people around with no useful work to do. It is bad
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On the other hand, offering some severance and help finding the next job is a cheap way to avoid lawsuits and cultivate the right image to retain people who might otherwise contemplate jumping ship on their own time table.
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On the other hand, offering some severance and help finding the next job ...
Oracle is offering severance, and anyone who can't find a new job in today's economy has no pulse.
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I really hate to burst your bubble but you have zero idea what you are talking about.
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A competitor of Oracle, is that like the IRS? Mafia? Or do they compete in a different area than brutally forcing companies to transfer money?
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Oracle is already known for cutting positions all the time. It is surprising that anyone would bother to be more cutthroat than the usual. Probably someone's MBO gave a number for shifting resources out of some divisions, so that those salaries could be spent building up their cloud offering, and that executive realized that the easiest way to make the quarter's full bonus was to just take the direct path.
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Let me introduce you to Larry Ellison's favorite management technique "Environment of Fear" where everyone stabs each other in the back in the hopes that they're not the next one to be shown out the door.
It's the poison that fucking asshole introduced to our industry. Every time he takes his fucking racing yacht out I hope it flips and rends him into unrecognizable catfood sized shards.
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Yes, but Larry intends to take his wealth with him, he's sure St. Peter can be bribed.
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And hopefully very very soon.
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It's worked for MS and Oracle for 3+ decades. That's "long term" by corporate standards.
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Neither is spending billions on stock buy backs to keep the price up. They've spent a bundle in 2017-18 on buy backs and are continuing it...well, what better place to put the last tax giveaway. It's all the rage among big companies and Oracle never had any new ideas of their own.
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Corporations are legal fictions. It's all people — and some of the people at Oracle are scum. Of course, those aren't the people getting laid off. They're the ones deciding that these people will be laid off.
Find a better employer (Score:1)
It always sucks to lose your job unexpectedly, but on the other hand, maybe this is a good opportunity to find a more ethical employer that isn't a negative influence on the entire industry.
Engineers who work for companies like Oracle and Facebook should understand that their salary literally comes from doing evil in the world.
Layoff Axe? (Score:2)
Oracle "swung the layoff axe...
I like to think of it as: 'drawing the magic cost cutting sword from the stone of greed'.
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Larry Ellison: "I'm a lumberjack and I'm OK."
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That's a matter of opinion.
When your product is technology, and you fire engineers, .
Instead of the executives who did nothing but planned the company into a corner, risking nothing, maybe those are the people who are "not needed".
And yet... (Score:2)
... I'm always getting emails from recruiters letting me know that Oracle is hiring. Probably because I have nothing to do with database internals development and engineering. It will be interesting to see just what the final numbers are and what areas of the company got hit hardest.
Lifecycle of a Star (Score:1)
Suns become Oracles, Oracles become Supernovae, spreading new engineering to the galaxy. The only thing that remains is the Great Cloud of Externalies, the shell of what once was.
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I remember a while back that it was damn near impossible to get a resume for an engineer that didn't have Televideo on it.
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If Oracle went supernova it wouldnt just spread new engineering to the galaxy. It'd be showering the galaxy with f***ing lawyers too
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Gearing up for recession (Score:5, Interesting)
We could stop this easily. End buy backs. Increase regulatory oversight so that companies can't gamble on the economy and then hold us all hostage for a bail out. Start spending on Demand Side economics. Do the Green New Deal, not for the "Green" part but for the "New Deal" part. Do single payer healthcare so employees can switch jobs for better pay w/o fear of losing insurance for a few months.
It's frustrating because we know exactly how to stop all this and we just don't do it. And the same folks who say we shouldn't pick winners and losers will be on TV telling us why we need to bail out the losers next time. And we will to. We've done it every 10 years since I started paying attention, and I bet if I looked we did it before then.
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It's just a federal jobs program (Score:2)
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You sound strangely familliar. Like. . . who was that? 20007?
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They've had too much already.
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Well yeah (Score:1)
You do understand that people can misrepresent themselves, right? If not, I've got a Nigerian prince I can introduce you too. I'll just need a finders fee of a few dozen bit coins to an unregistered wallet...
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You say that like fascism and socialism were incompatible. Fascists never pretended they were laissez-faire capitalists.
You don't understand what Fascism is (Score:2)
Fascism is when all public institutions are brought under a single, centralized control. That's not just the economy. It's the Economy, Gov't, Religion, Schools, Hospitals, etc, etc.
I'm not going to pretend I can explain it terribly well, so see here [youtube.com] and also here [youtube.com]. Look up Shaun on YouTube while you're at it.
Re:Gearing up for recession (Score:5, Informative)
I dont think this has anything to do with recession planning.
Been in that company nearly 22 years and I've gone through (/survived) *many* restructuring operation (more than 10). It's never been about "surviving the next quarter". It's usually about optimisation of teams or product direction.
I know people in the Montreal group that have been affected. Don't ask numbers, I dont have em. But I do know other people in that group that didn't get axed. One VP there has had his manager teams' constituents affected. Dont know where—we're spread out globally. (I work in a different group and my teams mates spread from California to London plus a couple more in India.)
I'm not sure if there's a better way to handle things. I'm not even sure how they handled it in this case. But when our startup was acquired, they did the "everyone in this room still has a job" thing.
THAT, was by far, the worse I have witnessed. And it was before the acquisition so it's not on Oracle.
Obligatory "this is my opinion" thing and "I dont speak for Oracle".
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Some times it is known beforehand and announced.
Some other times the reaper scythe just comes and razes entire groups.
Good companies tend no to do this without warning, but they still are slaves to the quarterly earnings balance spreadsheet.
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Contractually, as per employee handbook, I'm legally required to do so. Common for large corporation. Even small ones should do this. It avoids one foul-mouthed employee to say things that could otherwise be construed as being a corporate direction.
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The media fell in line lock and stock (Score:3)
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Well, we did know how to stop it back when we weren't in hock for $22 Trillion. Now, we've peed on seed corn and there is no help possible from the Fed. Government. Oh, and if a recession hits soon, expect that $22 Trillion to get much larger.
Hmmm....I seem to recall a lot of bluster about the last tax cut paying for itself. I guess the American people were lied to one more time...and believed it one more time.
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Do the Green New Deal, not for the "Green" part but for the "New Deal" part.
Both are important. Global warming threatens jobs and infrastructure, which means it threatens the economy.
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ha.
who will stop the buybacks?
The bribed congressmen?
Disproprotionate Impact on American Citizens? (Score:2)
According to a report [usatoday.com] by USA Today, Oracle has a history of discriminating against job applicants who are American citizens. The managers prefer foreigners, whom the lawyers at Oracle help to get H-1B visas.
We should scrutinize the layoff to determine whether American citizens are overrepresented among the terminated employees.
30 minutes? (Score:2)
Maybe I’m unusual (okay that’s a given, stop snickering), but - I have a fair bit of my own stuff at my work office, even if you exclude all the little work-related mementos I’ve accumulated over time. I don’t think it would be physically possible to clear it out and “return company assets” in anything close to 30 minutes.
Heck, most of the time I take transit to and from work. I couldn’t carry all my stuff on transit, at least without some time to plan ahead.
Desperation move for Oracle Cloud (Score:2)
I've been in the IT business for over 20 years. No one remotely technical voluntarily does business with Oracle. The executives get sold on the dream by Oracle's sales force, but I have a feeling they're having a very hard time convincing companies to put even more of their eggs in the Oracle basket.
The company I work for is a PeopleSoft customer and they operate in over 130 countries, so I'm sure it's nearly impossible to switch HR software without massive pain. I happen to know the people doing the licens
How wonderful . . . (Score:2)
Finally! (Score:2)
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