Have you been following the Oracle stuff?
"These types of restructurings may also lead to shortages of sufficiently skilled employees in certain roles, loss of valuable institutional knowledge and damage to employee morale and retention."
Oracle wrote that… in a legal document…. and filed it publicly.....
The employees who were let go got a vague email citing organizational change, signed by “Oracle leadership."
The employees who kept their jobs posted on Glassdoor that they learned more from CNBC than they did from their own VP.
What does it mean when a company's legal obligation to disclose risk to investors is more honest about the human cost than anything they said to their own employees?
It means that they've become so big that their priorities are very clearly the people who own their stock. Because of their current place in the market and the size of their workforce, they can get away with ignoring the human layer.
And maybe they can. Maybe a company the size of Oracle won't even feel the financial repercussions from ignoring the human layer six months down the line. Maybe they'll be able to survive without that valuable institutional knowledge or those skilled employees, and maybe the morale won't impact their bottom line enough for them to actually give a shit.
So good for Oracle c-suite leadership, I guess, but for the mid-level and mid-to-senior-level managers who are still interacting with those employees on a day-to-day basis, they're going to feel it.
Their budgets will feel it.
Their team morale will feel it.
Their emotional mental capacity will feel it when they get the questions and complaints that the c-suite doesn't.
I hope that Oracle is at least helping them and providing them with the resources to preserve as much of that human layer as possible. I hope they realize that they are only able to be as big as they are because of those teams doing the work and those people leading the teams doing the work.
If you are a middle-level or mid-to-senior-level manager at Oracle and you want help keeping your team from fracturing completely, call me.
And im sorry you're experiencing this.