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☆ Oracle insiders say that even its all-important cloud unit is being dragged down by new restrictions on hiring — a major turnaround for a unit that usually gets whatever it wants
▼ + stars: | 2022-10-24 | by ( Jessica Xing | Ellen Thomas | ) www.businessinsider.com time to read: +4 min

Oracle has restricted hiring at OCI, telling recruiters to stay away from expensive areas like SF. Its marketing and customer experience, or CX, divisions were among the hardest-hit units, but the company's cloud division, Oracle Cloud Infrastructure , or OCI, appeared to remain untouched. The restrictions inside OCI in particular follow a period of rapid hiring in 2021, when cloud firms raced to give candidates lucrative packages to win talent, the employee said. Business from OCI, especially with the addition of TikTok, has helped grow Oracle's revenue by 5% in the most recent fiscal year. Additionally, the firm's unwillingness to spend on labor has cost Oracle before, especially as its marketing cloud unit continues to lag behind competitor Salesforce.

☆ Oracle is quietly cutting more jobs as layoffs hit one of its cloud divisions
▼ + stars: | 2022-10-24 | by ( Ellen Thomas | ) www.businessinsider.com time to read: +3 min

Oracle is quietly cutting jobs again, months after its major August layoffs, Insider has learned. The scope of the layoffs are unclear, but it's at least affecting Oracle's NACT cloud unit. Oracle has quietly begun another round of quiet, unannounced layoffs as it looks to trim its costs. As Insider recently reported, morale at Oracle has been particularly low since August, when the company quietly performed a widespread layoff that may have impacted thousands of jobs across the world. Importantly, NACT is distinct from Oracle Cloud Infrastructure (OCI), a separate organization led by executive VP Clay Magouyrk.

☆ Oracle employees say new location-based hiring restrictions are even impacting the cloud unit, which is the one place the typically frugal company was always willing to spend big for talent
▼ + stars: | 2022-10-21 | by ( Jessica Xing | Ellen Thomas | ) www.businessinsider.com time to read: +4 min

Oracle has restricted hiring at OCI, telling recruiters to stay away from expensive areas like SF. OCI is Oracle's big cloud computing bet, where the firm was always willing to spend top dollar. Its marketing and customer experience (CX) divisions were among the hardest-hit units, but the company's cloud division, Oracle Cloud Infrastructure (OCI), appeared to remain untouched. Business from OCI, especially with the addition of TikTok, has helped grow Oracle's revenue by 5% in the most recent fiscal year. Additionally, the firm's unwillingness to spend on its labor has cost Oracle before, especially as its marketing cloud unit continues to lag behind competitor Salesforce.

☆ Five charged after viral video shows day care worker scaring kids with creepy mask
▼ + stars: | 2022-10-20 | by ( Julianne Mcshane | ) www.nbcnews.com time to read: +3 min

A viral video showing a former Mississippi day care worker scaring kids in her care while while wearing a creepy mask has prompted child abuse charges against five day care workers, NBC affiliate WTVA of Tupelo reported. The day care facility and its owner, who state documents identify as Sheila Sanders, could not immediately be reached. A day care worker from Lil' Blessings Child Care wearing a Ghostface mask scaring a room full of children. The video then shows the masked worker entering what appears to be a second room, prompting screams and cries among the kids. The facility is the community's only day care center, according to the directory ChildcareCenter.us.

☆ ADNOC invites banks to pitch for IPO of logistics unit- sources
▼ + stars: | 2022-10-20 | by ( Hadeel Al Sayegh | ) www.reuters.com time to read: +3 min

LONDON, Oct 20 (Reuters) - State oil firm Abu Dhabi National Oil Company (ADNOC) has invited banks to pitch for roles in an initial public offering of its marine services and logistics unit, two sources with knowledge of the matter said on Thursday. Reuters reported last year that ADNOC was weighing a potential float of ADNOC Logistics & Services (ADNOC L&S) in 2022. Banks are pitching for roles this week on the latest IPO of an ADNOC subsidiary, planned for next year, the sources said. ADNOC L&S delivers crude oil, refined products, dry bulk and liquefied natural gas from Abu Dhabi to its international customers. ADNOC began floating units in late 2017, raising $851 million in an IPO of its fuel distribution unit.

☆ Oracle employees say a wave of new hiring restrictions is cratering already low morale, and many worry another round of mass layoffs is looming
▼ + stars: | 2022-10-19 | by ( Ellen Thomas | Jessica Xing | ) www.businessinsider.com time to read: +6 min

Start dates are being pushed and hiring cut across several business units at Oracle, insiders say. Some units that are hiring must target low-cost areas and avoid markets like Seattle and New York. Employees say restrictions are hurting an already demoralized workforce and worry more layoffs loom. Hiring managers across the company have been asked to push back start dates for new recruits, according to two sources within Oracle's recruiting division. More broadly, hiring has been slashed or significantly slowed down across several business units, according to conversations with several company insiders.

☆ A step-by-step guide to securing a Big Law summer associate position, from networking best practices to acing the interview
▼ + stars: | 2022-09-14 | by ( Business Insider | ) www.businessinsider.com time to read: +3 min

Working at a law firm after a student's second year, or 2L, has long been a rite of passage for students bound for Big Law. And some students are finding themselves ill-equipped to navigate what one law partner has dubbed "the Wild West" of Big Law recruiting. The former pro soccer player recently walked Insider through his sometimes harrowing journey to snagging multiple Big Law offers before on-campus interviewing, or OCI, even began. The perks including increasingly big paychecks, especially for what are known as "rainmakers," or law partners who bring in big business. This Big Law firm is so hungry for associates that it's giving $75,000 referral bonusesBig Law has a mental health problem.

☆ I'm a law student who managed to snag 2 job offers from prestigious firms before on-campus recruiting even began. Here's how I did it.
▼ + stars: | 2022-09-12 | by ( Jack Newsham | ) www.businessinsider.com time to read: +9 min

A former pro athlete and first-gen law student, he started networking before school started. David Ako Abunaw III is a former professional athlete and a student at the University of Pennsylvania's law school. But I feel like it's common for law students to be very type A, so that's never going to be me. Networking with law firms was key to getting early interviews and offersI started networking before law school. I spoke with people at several law firms, either UPenn graduates or people I had something else in common with.

☆ Inside the 'Wild West' of law-school recruiting that has Big Law reeling in talent earlier and more aggressively than ever
▼ + stars: | 2022-08-22 | by ( Jack Newsham | ) www.businessinsider.com time to read: +8 min

Law schools bemoan the trend, but more and more of them allow it, such as Harvard and NYU this year. The nation's biggest and most powerful law firms have always sought to hire the best and brightest students from top law schools. Some schools have threatened to ban law firms from participating in OCI if they engage in pre-OCI recruiting. This year, law schools at both Harvard and NYU even unveiled formal early-interview programs. Last year, they made 1,771 such offers, amounting to 18% of the offers made by law firms that engaged in the practice.

☆ Organizaţia Cooperării Islamice condamnă Israelul în termenii cei mai fermi
▼ + stars: | 2021-05-12 | by ( Publika.Md - Aici Sunt Știrile | ) www.publika.md time to read: +1 min

Organizaţia Cooperării Islamice (OCI) a condamnat marţi Israelul şi şi-a reiterat sprijinul pentru palestinieni, în contextul agravării situaţiei din Ierusalimul de Est şi Fâşia Gaza, transmite AFP.OCI ''condamnă în termenii cei mai fermi atacurile repetate ale autorităţilor israeliene contra poporului palestinian'', a declarat forul panislamic cu sediul în oraşul saudit Jeddah, scrie agerpres.ro De asemenea, OCI a denunţat ''continuarea de către forţele de ocupaţie israeliene a programelor lor coloniale - construirea de colonii, tentative de confiscare a proprietăţilor palestiniene, expulzarea forţată a palestinienilor de pe pământurile lor''.În ultima săptămână violenţele s-au amplificat în Ierusalimul de Est, unde au avut loc ciocniri între manifestanţi palestinieni şi poliţia israeliană, în special în zona moscheii Al-Aqsa, al treilea loc sfânt al musulmanilor.Armata israeliană a declarat miercuri dimineaţă că peste 1.000 de rachete au fost lansate începând de luni seară dinspre Fâşia Gaza către sudul Israelului, în special de grupările militante Hamas şi Jihadul Islamic.Purtătorul de cuvânt al armatei israeliene, Jonathan Conricus, a indicat că peste ''1.000 de rachete'' au fost trase dinspre Fâşia Gaza, dintre care 850 au fost interceptate de scutul antirachetă israelian Iron Dome.

Persons: Jonathan Conricus Organizations: palestinieni, Hamas, Iron Dome Locations: Cooperării, Est, Gaza, saudit, israeliană, Israelului

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