From being one of the most stable and largest software companies in the world, Oracle is starting to deliver one bad news after another to its employees. The company has started firing its employees again as several workers have started to receive farewell emails starting today.
There is this one particular social media post, which is going viral where we get to see the message that was shared by Oracle leadership to their laid off employees.
“After careful consideration of Oracle’s current business needs, we have made the decision to eliminate your role as part of a broader organizational change. As a result, today is your last working day.
We are grateful for your dedication, hard work, and the impact you have made during your time with us.
After signing your termination paperwork, you will be eligible to receive a severance package subject to the terms and conditions of the severance plan. You will receive an email from DocuSign to your Oracle email address with details on your severance and termination date.
Access to your computer, email, voicemail, and files will be deactivated soon, and you will be unable to log into your computer. As a reminder, you are prohibited from downloading, copying or retaining including emailing yourself any Oracle confidential information.”
There is no clear estimate on the volume of this particular round of layoffs at Oracle, but it is estimated that the company could be cutting down on double digit percentage of its global employees.
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