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Hey Fishes,
Require urgent suggestions
I will be joining Oracle Financial Services Software(OFSS) and I am worried about job security considering the layoffs that will be happening in Oracle as per below link:
https://www.google.com/url?sa=t&source=web&rct=j&url=https://www.crn.com/news/cloud/oracle-considered-1b-in-cuts-thousands-of-layoffs-report&ved=2ahUKEwjv0Lyb3-34AhX29zgGHZGqBBYQ0PADKAB6BAgEEAE&usg=AOvVaw0c9Bz3n-mb4BhVdPKvIXnE
Require suggestions on whether it would be a wise call to move to OFSS now.
YOE - 7 yrs
Currently in TCS with 13 LPA
OFSS offer - 21 LPA fixed
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Our CEO joined the company to do just that. There are so many variables that come into play that it's hard to say for sure it will happen. Having said that, there is no doubt in my mind that our senior leadership is focused on making it happen.
I would agree with last post. Senior leaders brought here to make IPO happen. What will it look like? No idea.
I see a worst case scenario is the economy tanks, no IPO, and we get bought by some other private firm for cheap.
There’s def financial benefit not only for company but typically for employees. I’m afraid of the culture becoming cut throat though.