Legit question - Why are there so many people with Principal titles in Oracle? Is there even prestige to the title?

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Oracle Consulting has too many titles:
Analyst --> Senior Analyst --> Consultant --> Senior Consultant --> Principal Consultant --> Senior Principal Consultant --> Manager --> Senior Manager --> Director --> Senior Director --> VP

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Titles are cheaper than raises

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Why do banks have so many VPs…? That’s the title they use

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Sorry for not specifying. I get what you mean, but I’m comparing a Principal role at Oracle to one at a FAANG company

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If your primary reason for taking a job is prestige, then you need to reassess your priorities.

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If everyone had the title than it’s not prestigious 🧐

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