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Thousands lose their jobs in deep cuts at tech giant Oracle (www.bbc.com)
submitted 7 months ago by to c/technology@lemmy.world
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[–] 13 points 7 months ago (3 children)

Minor pay cut?! Try 30% and no work from home. Companies smell blood in the water and low balling salaries across the board.

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  • [–] 4 points 7 months ago* (2 children)

    oof i didn't think it was that bad, i hadn't looked at actual numbers. iirc folk were doing 15-20 cuts back during the crises i was dealing with. wfh was unheard of back then tho, so like i get where you're coming from.

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  • [–] 5 points 7 months ago (1 child)

    The icing on the cake is that most of the offers are 6mo contracts, no benefits, with the option to hire or extend. This way the company can decide they don't really need the position in six months and walk away with no recourse.

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  • [–] 1 point 7 months ago*

    oh, the fuck you contractors special. i know those contracts. it's better to go work retail. they at least will give you benefits and stability.

    my outlook might be colored by some incidents but you may have better luck than i have on those six month shit contracts.

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