They say they’re eliminating positions, but over the past 16 months, it’s become clear that long-tenured employees—especially those close to 20 years of service and eligible for pensions—are being systematically let go. Higher-paid leaders have also been removed. There seems to be a clear trend of replacing experienced, older employees with younger, less experienced hires who cost less. The current leadership has created a toxic environment, and the company appears to be in decline.
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Can someone explain WARN act timing?
The Mercury News reported two WARN act filings by Oracle - disclosed on August 13, filed again on August 14.
"Oracle America is cutting 101 positions in Santa Clara, the company revealed in a WARN notice filed with the EDD on Aug. 14. These staffing reductions come on the heels of a disclosure by Oracle on Aug. 13 that it had decided to cut 188 jobs, consisting of a loss of 143 positions in Redwood City and 45 in Pleasanton."
Does this mean that the disclosure layoffs (Aug 13) already happened but the filed (Aug 14) layoffs have up to 60 days to execute?
BRPO & BRPP now under on Leadership
As a cost cutting measure both sites are now under one leadership team. The next step is to start eliminating duplicate roles.
Get ready for a wild ride