Oracle recently conducted its largest-ever round of layoffs. The company sent an email to the affected employees at 6AM in the US. In the mail the company informed the employees that their roles had been eliminated as part a “boarder organisational change”. It is estimated that Oracle fired around 30,000 employees globally. Now a story about a laid off Oracle engineer is doing the rounds of the internet which has impressed the netizens. An X user named Satya Nayak has shared a story of his friend who was a former Oracle engineer.
From corporate job to a gig work
In the story share, Nayak mentions that his close friend was fired from Oracle Bangalore. He then added that after being laid off, his friend returned to his hometown in Bhubaneswar and started driving Uber to sustain himself. Far from panicking, Nayak emphasized that his friend’s smart savings plan has allowed him to navigate this transition with confidence and calm.Nayak’s post on X (formerly Twitter) highlighted his friend’s pragmatic approach: “No panic. No stress.” He explained that the careful financial planning of his friend during his corporate career gave him the cushion to handle unexpected setbacks with ease. He added that instead of viewing layoff as a setback, his friend treated it as an opportunity to reset and explore new paths.
Read Satya Nayak complete X post here
One of my close friends was fired from Oracle Bangalore.No panic, no stress, and no crying on social media. He straight away came back to his hometown Bhubaneswar He had postal fixed deposits in two joint accounts ₹15 lakh each. One with his parents, and the other in his and his wife’s name. He also had one in his kids’ account. Together, these give him almost ₹28,000 in interest every month. He also had fixed deposits in some Indian banks worth around ₹30 lakh, which give him another ₹15,000 per month. He is now living at own home with his parents. He knows how to drive, so he immediately started working as an Uber driver at his own convenience earning good. He has no EMIs and no loans for any metro city flat. At the same time, he is calmly planning to start a small business with the help of his parents. He never followed influencers, never did SIPs, and avoided all the modern financial hype. Pure old school vibes , steady process and discipline. He happily called me today to meet up after our conversation to cross check potential of Bhubaneswar to start something fresh So folks plan in advance so when required you will never fumble Biggest learning for me no matter how tof the situations always prepare with a smile.