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 ... are you now wondering, Am I Next?