OCTOBER 16, 2022 — 201 LAYOFFS IN REDWOOD CITY AND BELMONT CALIFORNIA
The company continues to reduce its headcount, this time with 201 employees laid off from its former headquarters in Redwood City and nearby Belmont. The layoffs include data scientists, developers, and marketing specialists.
AUGUST 8, 2022 — HUNDREDS OF LAYOFFS
The company has announced that it has laid off hundreds of employees this week as the business software provider prioritizes its healthcare IT services and cloud businesses
The job cuts principally hit staff at Oracle’s advertising and customer experience group that sells services to help clients analyze data about their customers and target advertising to those customers.
JULY 15, 2022 — ORACLE PRE-FLOATING MASS LAYOFF?
According to reports in the financial media, “Oracle is reportedly set to lay off thousands of employees in a bid to cut operating expenses by as much as $1 billion. The news comes barely a month after Oracle posted a 28% drop in operating income for the fiscal quarter ending May 31, 2022. IS THIS A RED FLAG?
DECEMBER 11, 2020 — MASS LAFOFFS AHEAD AS ORACLE MOVES HEADQUARTERS TO AUSTIN, TEXAS
Oracle has announced that it will be relocating its Redwood City, California headquarters to Austin, Texas.
According to a company spokesperson, “Oracle is implementing a more flexible employee work location policy and has changed its Corporate Headquarters from Redwood City, California to Austin, Texas. We believe these moves best position Oracle for growth and provide our personnel with more flexibility about where and how they work.
“In addition, we will continue to support major hubs for Oracle around the world, including those in the United States such as Redwood City, Austin, Santa Monica, Seattle, Denver, Orlando, and Burlington, among others, and we expect to add other locations over time. By implementing a more modern approach to work, we expect to further improve our employees’ quality of life and quality of output.”
MAY 30, 2019 — CONTINUING LAYOFFS BEING DISGUISED BY ORACLE
Over the last few weeks and months, Oracle has laid off hundreds of employees at the Seattle office once viewed as the future of its cloud computing strategy, according to a report.
Business Insider reported last week that the Seattle layoffs affected 300 people and came as part of cuts across Oracle’s cloud teams said to involve as many as several thousand layoffs across the broader company. But the Seattle cuts are notable given the mission that group was assigned: to make Oracle relevant in cloud computing using talent from Cloud City.
An Oracle representative did not respond to a request for comment.
MARCH 28, 2019 — Original post…
Redwood City, California-based Oracle Corporation, the iconic database company headed by multi-billionaire Larry Ellison continues to re-position the company to capitalize on cloud computing and services. Oracle, like IBM, rarely announces reductions in force and continually explains restructuring activities in terms of transitioning to cloud computing. According to anonymous sources reporting on “layoff” websites, the reduction in force is estimated to be between 500 and 5,000 employees, both domestically and abroad. Not atypical for a company with an estimated headcount of 140,000 employees.
An email from Oracle EVP Don Johnson noted, “Today’s changes within OCI [Oracle Cloud Infrastructure} will better align with Larry's [Oracle Chairman and Chief Technology Officer Larry Ellison] vision of the business. It will streamline our products and services, focus investments on our most strategic priorities, and help us to more effectively and rapidly deliver the full promise and reach of Oracle's Gen 2 Cloud. OCI’s business is stronger than ever, and this team’s future is bright.” Of course, many of those terminated wonder why if the business is stronger than ever and the team’s future is bright, why they were laid off.
Like everything Ellison, sometimes reality is brutal and the company foregoes any measure of grace. Some managers were forced to eliminate team members, not knowing that they were the next to go after the task was completed.
According to WARN (Worker Adjustment and Retraining Notification) notices filed with the State of California, on May 21, it will permanently layoff 255 workers in its Redwood City headquarters, and another 97 in the nearby Santa Clara offices. Most of those laid off are said to be software developers.
Like all corporations, a company spokesperson provided the insincere corporate-speak: “As our cloud business grows, we will continually balance our resources and restructure our development group to help ensure we have the right people delivering the best cloud products to our customers around the world.”
Change is coming. There will always be a tomorrow, no matter how much you may try to ignore it. There are no guarantees in life or promises for a bright future. Just because something bad hasn't happened yet, doesn't mean it won't. It can happen to anyone, anytime, anywhere ... No one is guaranteed to wake up tomorrow and still have a job by evening. Are you now wondering, Am I Next?