Everyone else at Oracle is either in legal or a proctologist.
Lmao. Man you don't know how much I needed to laugh that hard after the last few weeks I had. Thank you.
I ended up leaving seeing how it took 5 proctologists, 37 lawyers, and 3 engineers to meet and make decisions when it only needed the 3 engs to begin with.
The stats of the M&A were usually only 1/3 of the acquired company’s staff would stay on w/Oracle. While this layoff probably doesn’t map geographically with the Cerner M&A, not surprised with some minor team restructuring.
I didn’t even last 6 months.
I don't really see the problem with this. You usually want the estimate to be close to the true value. If the headline was "Oracle lays off more than 200 workers", when Oracle had laid off 437 workers, everyone would slam the headline writer for getting it wrong. Because "more than 200" is not an appropriate way to describe 437 unless the category "numbers that are more than 200" is already relevant for some other reason.
It raise all sorts of weird questions. Was it three departments that was just shutdown, and that happens to be 201 people? Did they have a target salary cut, which just fit nicely with these exact people?
In reality it will always be some odd number of people getting laid off. It's just that when numbers get to specific it sounds like there's a point. Try telling someone that you want to lose 23,5kg. People will ask why 23,5?. Say you want to lose around 20kg, much fewer questions.
Keep in mind Oracle is a 140,000 to 170,000 large company, so this is a 0.14% reduction, compared to other tech companies planning to cut 10s of percents.
Compare that to others:
There’s a lot of sensationalism in reporting here.