Mega Thread- All tech layoffs so far
Layoffs:
Global
- Stripe 14%
- Opendoor 18%
- Twitter 50%
- Delivery hero
- Chime 12%
India
- Udaan (tranches)
- Chargebee 10%
- Byjus 5%
Hiring freeze:
- Apple
- Amazon
Heard of some layoffs happening in the OCI division. None reported so far has anything to do with performance, but rather a reduction in force.
Any clue of more coming in the near future?
Hi @TheChosenOne , one question about Oracle, is “Database Cloud Team”, part of OCI only? How does one identify OCI job opening?
Like- “The Database Cloud team is hiring Fullstack developers! Come build the cloud with us. The Oracle Cloud Infrastructure Database Cloud Services group designs….”
Does that sound like OCI? Or just some subsidiary/complementary department?
Structuring-wise, DB Cloud team is not under the OCI org. The DB team is insanely huge, so it's a different org altogether.
I'm not sure if there's a clear-cut way to identity if a team is of OCI from the job opening, but if you see "Prod-Dev" anywhere in the job opening, it's most likely OCI.
Not really. Many under Apps division have ProdDev in their job description
That is sad. OCI paid very very well
How much did they pay
really well
But aren't they hiring ? A recruiter approached me .
It's a team specific thing. From what I understood so far, teams who have more than required number of people did firing as reduction in force.
From what I know, OCI has been in a hiring freeze for quite a while, which is why OCI never had to resort to mass layoffs like other tech companies. The hiring is happening on a need to basis.
Layoffs:
Global
India
Hiring freeze:
Does anyone know something about how Dealshare is doing, the folk founders and culture there etc? Am interviewing there and would like to know more
Around 30% of the staff have been laid off. Some teams have been completely laid off. This is after the layoffs of around 15% around November/December last year.
Source is someone from Cisco. Can anyone else validate or reject this leak/rumour?