E-COB: Server Express 5.1 Compiler Install Error "error while loading shared libraries: libgcc_s.so.1: cannot open shared object file: No such file or directory" (Doc ID 1562399.1)

Symptoms

Sample Environment:
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Peopletools Version - 8.53.03
Compiler version - Server Express 5.1 WP6   ( but issue not specific to WP6, applies to other release as well  e.g  Server express 5.1 WP8)
Linux x86-64 running Oracle Linux 6

Issue:
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The site is in the process of installing the compiler and getting errors per below;

Cause

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