Oracle slashes 30k jobs (rollingout.com)
688 points by pje 5 hours ago
kyledrake 4 hours ago
The bulk of the comments in here are focused on comparing Larry Ellison to a lawn mower, so I'll try a new tack and say that I'm genuinely confused at what the value prop of Oracle is.
Given the history of their business model being licensing of important databases that are hard to switch off of, I've actually made a point to avoid using Oracle as much as possible (even so far as to leave MySQL when they acquired it, and I've never started a fresh project in Java, which they used to drive a lawsuit they had with Google).
From my chair, they make an expensive database they try to sell to golf executives. There are innumerable equal (better?), free alternatives, and most startups are founded by broke coders in bedrooms that choose those instead and stick with the devil they know. And they have an un-competitive cloud service? Enlighten me on what I would use Oracle for, I'm genuinely curious.
seanhunter 3 hours ago
Short answer: today I think there is genuinely nothing that anyone should use oracle for, but their database used to be seriously far ahead of the competition.
A very long time ago (circa 2000) there were basically 2 databases that worked for use cases where you needed high availability and vertical scalability and those were Oracle and Sybase and Oracle was really the only game in town if you actually wanted certain features like online backups and certain replication configurations.
At the time, MySQL existed and was popular for things like websites but had really hard scalability caps[1] and no replication so if you wanted HA you were forced to go to oracle pretty much. Postgres also wasn't competitive above certain sizes of tables that seem pretty modest now but felt big back then, and you used to need to shut postgres access down periodically to do backups and vacuum the tables so you couldn't use it for any sort of always-on type of use case.
Oracle also had a lot of features that now we would use other free or cloud-hosted services for like message queues.
[1] in particular if you had multiple concurrent readers they would permanently starve writers so you could get to a situation where everyone could read your data but you could never update. This was due to a priority inversion bug in how they used to lock tables.
8ytecoder an hour ago
We were building a payments system in the early 2000s and got a diktat to not use Oracle. The amount of things we had to build to satisfy the availability and durability requirements were so huge it consumed the first few years of work. We didn’t get to the business side of things until much later. Funny thing is we ended up giving up on MySQL and went back to oracle after all that work. The whole thing was scraped after a couple of years.
To get to the level of scale that oracle can handle we had to build sharding and cluster replication from scratch. It still didn’t get to even 1/10th of a single oracle node. Obviously we made a lot of poor architecture decisions as well - in hindsight, of course.
ifwinterco 3 minutes ago
DrJokepu 3 hours ago
There was also DB2. DB2 was (still is) an excellent database that IBM has completely fumbled.
chasil 3 hours ago
gorjusborg 3 hours ago
smoyer 3 hours ago
"At the time, MySQL existed ..."
You had to be careful with MySQL back then as constraints were syntactic sugar but not enforced. PostgreSQL was indeed much tougher to manage but more full-featured.
Izkata 2 hours ago
da_chicken an hour ago
tomnipotent an hour ago
killerstorm 3 hours ago
What's about DB2? I have no experience with it but I guess IBM specifically designed it for enterprise-scale transaction processing workloads...
seanhunter 3 hours ago
prepend 2 hours ago
I disagree as I was running clustered sql server 6.5 and 7 in 1998 for hundreds of concurrent users doing millions of reads per hour on NT basically commodity boxes. Replaced it with Oracle for 100x cost and lost performance.
I think even back then you were usually better off with distributed databases running mysql or postgres over Oracle. Although people liked to think a giant Oracle db was better.
whatisthiseven an hour ago
wilsonnb3 3 hours ago
Just curious, how was SQL Server perceived at the time compared to Sybase and Oracle? I know it originated as a port of Sybase.
zerkten 2 hours ago
wil421 3 hours ago
seanhunter 3 hours ago
fauigerzigerk 3 hours ago
password4321 2 hours ago
chasil 2 hours ago
fipar 3 hours ago
spixy 35 minutes ago
Java and VirtualBox. But both are free.
ErroneousBosh 18 minutes ago
> A very long time ago (circa 2000) there were basically 2 databases that worked for use cases where you needed high availability and vertical scalability
... and both of them were Postgres.
I used it in the late 90s for the backend for websites written in PHP3, but everyone said this was ridiculous and silly and don't you know that everyone's using the MySQL thing.
So I used this MySQL thing, but by about 2005 I'd gone back to powering my lawnmower with a 500bhp Scania V8 because I just preferred having that level of ridiculous overkill in an engine.
Nowadays? Key/Value store in RAM is probably fine for testing -> Sqlite is often Good Enough -> Ah sod it, fire Postgres into a docker container and warn the neighbours, we're going down the Scanny V8 route yet again.
reactordev 3 hours ago
I was around back then and I call Bullshit on everything you claim. There were more database options in 2000 than there were in 1996. Even before that there was FoxPro… c’mon man. Oracle’s only value was they built a NO EXIT clause into their contracts…
hn_acc1 2 hours ago
amiga386 2 hours ago
> Enlighten me on what I would use Oracle
Oracle buys smaller enterprise companies with rich customers that were already using Oracle DB, or makes them rely on it, then cashes in on licensing.
So for example, they bought Micros (most EFTPOS terminals in the world are powered by them, I think), they bought Cerner (big supplier of IT to healthcare companies), they bought PeopleSoft. If your big company isn't using SAP, it's probably using that. Mundane but essential things for large businesses: CRM, ERP, payroll/HR.
So that's what you'd use Oracle for. Or perhaps you wouldn't use Oracle, then Oracle would buy your IT supplier and either you have to change your IT supplier (costing you millions) or congrats you're an Oracle customer now.
oogali an hour ago
Your phone calls and SMS messages that touch the phone network, likely touch Oracle. Yes, nearly all of them.
For a tech-adjacent example of an acquisition of an entrenched supplier, look at Tekelec, a telecom hardware and software vendor which Oracle purchased in 2013[1].
Tekelec had a number of products but Oracle really cared about one: the EAGLE family, which is a suite of hardware and software for handling network signaling and routing over SS7. For any customer, EAGLE sits at the core of their networks and it is why your calls actually get connected and billed correctly.
EAGLE had a customer base that included nearly all of the important global telecom carriers. From the press release:
> Tekelec’s technology enables service providers to deliver, control and monetize innovative and personalized communications services and is utilized by more than 300 service providers in over 100 countries.
Verizon[2][3] runs EAGLE STP in their core, as does AT&T[4] (f/k/a SBC). Old business win press releases from Tekelec mean Bell Canada and Rogers still likely do. Based on job postings, Vodafone and Virgin Mobile use EAGLE STP for exchanging SS7 messages to/from roaming partners. And from public RFPs, the US Department of Defense[5] runs their own private phone networks, with EAGLE STP at the core.
Given how prevalent EAGLE deployments were in the early 2000s, how SS7 is needed to make the phone network functional, and how STPs are fixtures that do NOT get swapped out often, I feel very confident in saying that Oracle has had a supporting hand in most, if not all, of the phone calls and text messages you've placed since 2013.
1: https://www.oracle.com/corporate/pressrelease/oracle-buys-te...
2: https://www.verizon.com/about/sites/default/files/2025-03-07...
3: https://www.verizon.com/business/content/dam/business-market...
4: https://www.lightreading.com/business-management/tekelec-win...
5: https://sam.gov/opp/2227eac9a05f7c33f25b19a6ed5ab634/view
bequanna 2 hours ago
It sounds like you don't use Oracle, Oracle uses you.
jvanderbot 3 hours ago
Oracle and Java are deeply embedded in US gov work. How deep? Let's just say a large number of classified developer jobs hire for Java. Ellison has been a huge proponent of a surveillance state, and that likely ingratiates him with certain three letter agencies.
The only developers I know who write Java full time work in systems that take pictures of things from far away.
mooreds 3 hours ago
My employer is actively hiring java engineers and we don't "take pictures of things from far away".
There are vibrant java user's groups all around the world. There are many java community conferences. The most recent redmonk language rankings[0] show java at #3.
The world is big :) .
0: https://redmonk.com/sogrady/2025/06/18/language-rankings-1-2...
jvanderbot 3 hours ago
rbanffy 3 hours ago
> The only developers I know who write Java full time work in systems that take pictures of things from far away.
We all have different circles. I work for a bank and the bulk of the LOB code here is Java (or something that runs under a JVM). There are no Oracle databases as far as I know, but my visibility is limited.
Also, Oracle Applications for things like HR.
InsideOutSanta 3 hours ago
pjc50 3 hours ago
We use Java.
We have Oracle blocked at the router (!) to prevent anyone downloading the Oracle JDK and incurring the wrath of Oracle licensing.
tombert 3 hours ago
Apple used Java in a ton of backend stuff. At least the entire backend for iTunes (Jingle) was written in Java and very very small amount of Clojure.
steve1977 2 hours ago
jen20 3 hours ago
rbanffy 3 hours ago
adolph 2 hours ago
glitchc 3 hours ago
The financial market infrastructure heavily relies on Java. Transactions at commercial banks across North America are mostly executed on Java codebases.
amiga386 2 hours ago
There are probably millions of corporate projects written in Java. One of the reasons Oracle bought Sun Microsystems (who invented Java) was because Oracle itself had written so much middleware crap in Java.
Both Java and C#/.NET are super-popular in Enterprise land, with the choice between them mainly being if the enterprise is a Microsoft shop or not.
Everything SAP touches is written in Java too, and it's boring old payroll stuff. There's the entire Android user interface with millions of Java-only app developers.
Oracle may well be in bed with the spooks, but it's not a Java-specific thing.
iamjake648 3 hours ago
Interesting, the _majority_ of developers I know write in JVM languages - mostly Kotlin for new stuff at this point.
Typically I see folks using the Amazon Corretto java distribution.
geodel 2 hours ago
bobthepanda 3 hours ago
Java is not uncommon. Off the top of my head, a certain rainforest company and a lot of banks and EMR providers use it.
wredcoll 3 hours ago
ghurtado 3 hours ago
> The only developers I know who write Java
It sounds like your personal anecdote is particularly uninformative then.
prepend 2 hours ago
p2detar 2 hours ago
> The only developers I know who write Java full time work in systems that take pictures of things from far away.
This can’t be a serious comment. I’d say probably half the world‘s B2B and enterprise runs on Java. Especially in Europe.
layer8 3 hours ago
Look at who is making OpenJDK distributions besides Oracle: Amazon, Microsoft, Red Hat, IBM, Eclipse, SAP, … It’s being used everywhere.
grishka 2 hours ago
> The only developers I know who write Java full time work in systems that take pictures of things from far away.
Huh??? Google, the search engine part, is written in Java as far as I know. Yandex uses Java extensively. Odnoklassniki, once second most popular Russian social network, is written in Java. Banks like Java. Android apps are written in Java (and Kotlin, which I consider an abstraction over Java).
And that's only what I can remember right away. A sizable chunk of the world runs on Java.
nsxwolf 2 hours ago
There are literally millions of us that write Java and don't work for the CIA. It's like still in the top 3 of all languages.
malfist 2 hours ago
Amazon is predominantly a java shop as is a lot of big enterprise
bjord 3 hours ago
it's not purely gov work—lots of legacy software (especially outside of the US) is java-based
and if you hire an offshore outsourcing company, odds are that they will insist on something java (spring) based, as that's where their experience is
losvedir 2 hours ago
What? What kind of ridiculous bubble are you in? Isn't Java one of the main languages at Google, Netflix, Amazon, etc?
victorbjorklund an hour ago
That is a silly take. The absolute majority of Java devs in the world does not work in spy agencies (sounds like it’s more about your personal network being close to that world)
lenerdenator 3 hours ago
The question then becomes, does Java warrant the valuation Oracle has when the language itself is mostly FLOSS?
layer8 2 hours ago
sleepybrett 3 hours ago
I think that overstates, there is a lot of java in the enterprise still, it's lose share to golang and typescript and in certain cases rust, but it's still around and doing just fine (to my annoyance).
imglorp 3 hours ago
This feels correct. Their business model is squeezing anyone who can't migrate off their properties and suing the rest.
Why would go $58B in debt to support a new feature that no one will want after alienating everyone above?
jollymonATX 3 hours ago
They have not pulled the pin on the ZFS grenade yet, but I expect at some point it happens.
riffraff 3 hours ago
kstrauser 3 hours ago
uberduper 3 hours ago
toomuchtodo 3 hours ago
> Why would go $58B in debt to support a new feature that no one will want after alienating everyone above?
Short term shareholder equity gains during an over exuberant hype cycle you do not know when might repeat.
"As long as the music is playing, you've got to get up and dance." -- Citigroup CEO Chuck Prince (symbolizing Wall Street's reckless persistence in risky lending despite signs of a market downturn)
The Overvaluation Trap - https://hbr.org/2015/12/the-overvaluation-trap - December 2015
> The trap is an almost inevitable consequence of what many managers might regard as a blessing, because it occurs when the capital markets overvalue a company’s equity—and especially when stock overvaluation is common in a particular sector. In the following pages, we’ll describe the trap, show how it has played out in various industries, and suggest where it may be playing out once again.
"If you're playing a poker game and you look around the table and and can't tell who the sucker is, it's you." -- Paul Newman
Edit: tsunamifury wrote a prescient comment a decade ago, referencing the same hrb piece: https://news.ycombinator.com/item?id=10851527
rwmj 2 hours ago
I actually sat through an Oracle sales presentation around 1999 (I was the product engineer, along with company executives) and honestly it sounded pretty good. At the time we were using Lotus Notes for a database so even pencil and paper would have been better. Oracle absolutely was the market leader and there was no doubt about its technical chops. Oracle Parallel Server could run active-active across two sites separated by many miles of fibre, which was a remarkable thing to do back then.
Oracle came back with a quote that was so far outside what our company could afford that we went with Informix (not a cheap database). Pretty lucky escape.
A year or two later I ported the whole stack to PostgreSQL and it worked absolutely fine since we didn't have that much scale. Unfortunately when I left the guy who took over was a huge Informix fan so he deleted all the PG code and went back.
sellmethepen 3 hours ago
There's more to it than just pure databases. They have a pretty large vertical of SaaS apps, specifically ERP. Oracle Saas (their ERP platform) is used by thousands of customers - these are systems implemented with SI's and run super critical functions like payroll, manufacturing, etc really hard to rip out once they're put in place. This has been fueling their growth for some time, and seems like OCI is picking up now from a pure infra POV. But yeah I don't think I'd ever use any Oracle components voluntarily or at the very least find ways to have exit paths
balderdash 2 hours ago
on this point the netsuite ecosystem is huge and there are not that many options for SME's that are too big/complex for inacct or quicken (even campfire/rillet etc) but don't want to get anywhere near SAP, Infor, IFS, oracle (not netsuite).
x0x0 30 minutes ago
Yeah, many of these comments are extremely misinformed. Oracle has been an application software vendor for a long time.
For example, Oracle sell Opera. Opera manages hotels, both individual and chains. And integrates with their amusement park management software.
People complain about them, but software like that is much closer to an sdk than a finished product. It is generally customized for each buyer for their needs. And the quality of the customization is more on the buyer than on Oracle.
Oracle have a giant suite of these products for POS, guest experiences, amusement parks, hospitality, marketing (b2b and b2c), etc. And companies buy from Oracle because they're not good at making software and because you do leverage some economies of scale.
cool_dude85 2 hours ago
I think the big use case for Oracle products are for businesses that are not in the IT space. A lot of reasons for this, a big one is the breadth of Oracle's products is very solid and, similar to Microsoft, you can be sold on Oracle solving all your database needs across your business: HR, asset management, customer relationship stuff, your actual business, all with a single vendor. Non-IT management will be told that it all integrates seamlessly, you don't need to hire IT staff dealing with software from 10 different vendors, just the one.
For instance, I work in the utility industry. They offer specialized utility-specific software for managing data from our meters, our customer and billing system, asset management, HR, accounting, reporting from all these systems. Even more specialized stuff exists that we don'tbuy. No doubt if you had a different use case, Oracle would sell us on their ability to handle it. I think this is the model they follow. They are not trying to sell to startups, tech platforms, software companies, etc. They are trying to sell to your bank.
ralphc 2 hours ago
I didn't save the tweet I saw it in but I saved the joke - "I wish I had enough money to run Oracle instead of Postgres." "Why do you want to do that?" "I don't, I just wish I had enough money to."
kace91 3 hours ago
>Enlighten me on what I would use Oracle for
You would use it to keep your job when your company goes with it against all technical recommendation due to the push of a higher up that wouldn't let the idea go for stupid or suspicious reasons.
post-it 3 hours ago
Every company I've worked for has avoided Oracle software of any kind.
My hunch is that big consulting firms like CGI might use it, and therefore the customers of those firms use it? But I haven't worked at any of those.
rbanffy 3 hours ago
> Every company I've worked for has avoided Oracle software of any kind.
Lucky you. Sadly, not all companies are new enough to be able to do that. Some embarked on Java when it was Sun, and Oracle when the only alternative would have been SQL Server (or DB2 on AIX, AS/400, or MVS).
TheGRS 2 hours ago
A past company I worked for made SaaS and On-prem and we supported Oracle with the on-prem. The simple act of supporting and testing that option was enormous for our company, but the customers we had that needed it were highly lucrative.
pydry 3 hours ago
I worked for one company that used it. Everybody on the ground hated it but the costs of migrating away were enormous because every system they relied upon was tightly coupled to every other system. It would have been a multiyear project to get off it.
Their software wasn't just more expensive than using open source equivalents it was worse, too. It's just very, very sticky.
At the same time the sales team wine and dine key decision makers and try to strike the fear of god in to them so they don't rock the boat.
InsideOutSanta 3 hours ago
lazide 3 hours ago
It’s a common ‘large enterprise’ dependency often due to some internal CRN/Accounting/Compliance software, so I suspect you are right.
rbanffy 3 hours ago
elorant 21 minutes ago
Support, that's what you'd use them for. Something breaks and your team can't figure it out? You make a phone call and someone will be there in a jiffy to work things out. And if he can't either they'll fly a whole team from a different city or even a different country until they solve it.
trelane 3 hours ago
Java is used a lot, but not Oracle's version.
One of the best things Sun ever did was open sourcing Java.
mft_ 3 hours ago
They sell to cash-rich organisations who are a bit clueless about technology and so can't or wouldn't want to either roll their own, or go with a better but smaller provider?
e.g. I was unsurprised when I spotted that Novartis (no connection, btw) was deep in with Oracle. Big pharma, lots of money, typically-clueless-big-org-IT-leadership, etc.
(LOL, Novartis also uses SAP.)
elzbardico 20 minutes ago
Non-tech companies have bigger fish to fry in cost optimization than IT infrastructure.
For example, nobody buying, insuring and operating supertankers will care that much about Oracle licensing or even renewing a mainframe contract.
whynotmaybe 2 hours ago
And, their product have worked correctly for decades.
So if you have a lot of money and don't want to take any risk you go the oracle route. It's not the best product today, but you won't have any surprise, except cost, that you can justify because it's oracle.
Which is the same as using a tank to go grocery shopping because you're afraid of an accident on the way. You need everything in house to support a thank, special garage, specifically trained crew, specific fuel...
And it's way harder to drive than a civic.
vachina 3 hours ago
Precisely this. They prey on outsource-happy big orgs that have 1 million different SaaS all tied together by scotch tape (because their IT dept. is also outsourced)
phendrenad2 3 hours ago
I have a theory that being cash-rich creates an atmosphere of technological cluelessness, or more specifically weaponized incompetence. A cash-rich company attracts sociopathic executives, who are focused on the prestige of working at a top company. These executives display a unified front outwardly, but internally they are all stabbing each other in the back constantly. And any executive who champions in-house software is just giving other executives ammunition whenever said software has the smallest bug.
lateforwork an hour ago
Oracle database has unparalleled scalability. Ask someone who works at Microsoft SQL Server division what their bug database looks like. They will tell you that a single SQL Server instance cannot scale to the entire SQL Server division. Oracle on the other hand has a single database for the entire company. No other database is this scalable.
But Oracle is not just a database company. Oracle started as a database company, but today they are more an applications company than a database company. They have ERP back-office applications (finance, operations, HR), and CRM front-office applications (sales, marketing, service). Oracle bought a large number of applications software companies such as Seibel, PeopleSoft, JD Edwards, NetSuite and Cerner to become this big.
Of course Oracle is also a major cloud services provider and provide AI superclusters, and GPU instances from NVIDIA and AMD (context for today's layoffs).
kpil 3 minutes ago
I'm actually impressed by the amount of abuse our Oracle instances are able take from our developers.
Massive amounts of parallel single reads and writes with millisecond responses mixed with mega-joins of incorrectly indexed tables that works flawlessly "on their machine" that limp on well enough to sneak past performance testing with just the planner silently writhing in agony.
rockinghigh 3 hours ago
Their revenue was $57.4 billion last year. Just in Q4; cloud revenue $6.7 billion, cloud infrastructure $3.0 billion, cloud application $3.7 billion, Fusion Cloud ERP $1.0 billion, NetSuite cloud ERP $1.0 billion.
drillsteps5 3 hours ago
Oracle the company has not been about Oracle the DB server for 20+ years.
Oracle the company specializes in acquiring software, integrating it in their ecosystem, selling the installations, and living off the recurring licensing fees (NetSuite is one example).
yxhuvud 44 minutes ago
You are missing the business model - buy has-been platforms and frameworks and charge big bucks for maintenance. Customers eventually manage to migrate off you, but it is fine cause you buy some other has-been stack and then overcharge for that.
roncesvalles an hour ago
Also, their inability to make a NewSQL DB rivaling Spanner or Cockroach (they basically just had to clone one of these or acquire Cockroach) puts them out of any serious competition for the future of databases. Their "Oracle Autonomous DB" ain't it.
arethuza 3 hours ago
They acquired a lot of applications - ERP, CRM, finance - I suspect actual database licensing revenues are only a small part of their revenues these days.
Years ago I had some fun integrating with Hyperion Financial Management (HFM) - which is actually a pretty impressive beast if you need consolidated financial reporting!
bilekas 3 hours ago
It's exactly as you said. The dependency on old school legacy implementations that can't be turned off. To be fair to Microslop even they had the foresight to open source .net core and even try to bring some things to the open source community. Oracle actively turned into a patent troll.
TheGRS 2 hours ago
Totally agreed looking at them from a development and cutting-edge viewpoint. They own what was once very competitive platforms and languages, which they still support. They have largely transitioned into rent seekers.
From the investment standpoint they still have a lot of value to siphon from, but its all rent seeking behavior, its not producing new ecosystems like them or Sun did in the past. Long-term blue chip play.
Though all the Paramount stuff is loosely coupled to them now, so tough to say if its a good long-term play anymore.
stego-tech 3 hours ago
It's stickiness.
Their biggest asset is ERP. That's how they get orgs locked in, because migrating ERP systems after deployment can take decades of work and cost multitudes more than just eating Oracle's renewal increases. Could orgs jettison them into the sun? Totally. Is it fiscally sensible? Yeah, absolutely. Can you sell that to the board? Nope.
The best way to kill Oracle - because such a toxic organization absolutely deserves to fail - is to avoid building anything atop their infrastructure ever again going forward. Don't use their Java tooling, don't use their software suites, don't use their cloud services.
Just don't use Oracle for anything new, and work to get the fuck off of it for anything that remains.
The only reason Oracle survives is because rich dumb fucks keep giving them money.
balderdash 2 hours ago
A while ago we were looking at migrating ERP - netsuite was a not a good price proposition and candidly feels a bit dated - but when you mapped features it was pretty impressive and for a lot of business that have some complexity (multi-entity, multi-currency, multi site mfg or inventory), there is not a whole lot of good alternatives because you can't use quicken but you definitely don't want SAP
stego-tech 2 hours ago
elif an hour ago
They aren't a database company. They are a full spectrum B2B SaaS contract company. They make far more by up selling services than they do from databases total. Half of their stack will run on whatever db you want.
jjav an hour ago
In a world of continuous change, at least we can always rely on oracle being consistently evil.
Hizonner 3 hours ago
They make a lot of money off of the cloud services and their layered "enterprise" applications. Selling "just the database" isn't what Oracle's been about for a very long time.
ventana 3 hours ago
I assume you would use Oracle Cloud if, for whatever reason possibly related to legal or competition, you cannot use AWS, or GCP, or Azure. It's hard for me to imagine a startup that needs cloud and would onboard to Oracle Cloud and not to any of the top 3 providers instead.
daneel_w 2 hours ago
From small-scale use over the course of several years, I've found their "cloud" (OCI) to be a solid and well-planned product. Additionally, I've experienced not one single outage or hiccup so far (Stockholm region).
benced 3 hours ago
If you are buying GPUs today, they really are massively cheaper than other clouds.
kstrauser 3 hours ago
Until you become addicted, and then plan for the price to spike.
progbits 2 hours ago
mr_mitm 3 hours ago
Aren't their databases behemoths that satisfy requirements (especially of regulatory nature) of large banks and such? I don't think they have much in common with the needs of your run-of-the-mill startup.
mghackerlady an hour ago
maybeeee SPARC based Solaris? Probably not a major usecase nowadays (Oracle bought Sun for Java, not for Sun) but it seems to be limping along
andyjohnson0 43 minutes ago
> Oracle bought Sun for Java, not for Sun
My recollection is that they also qanted Sun's storage hardware products, to sell alongside their existing DB software.
willio58 2 hours ago
> From my chair, they make an expensive database they try to sell to golf executives.
This is basically it. You wouldn’t want to use oracle for anything, and they know that. What they also know, very very well, is that they can get their fingers into high-dollar orgs and shmooze people that have little knowledge on the matter to lock themselves into basically never ending contracts for garbage products.
Oracle is a perfect distillation of capitalism in that way.
tchalla an hour ago
The answer to your question lies in Oracle 10K.
mbloom1915 2 hours ago
yeah... their "value prop" is keeping monoliths trapped and embedded in their systems with customizations out the wazoo. slow, painful death
saidnooneever 3 hours ago
oracle is deeply embedded in enterprise and a lot of other enterprise solutions also use it. they have no value proposition for startups. likely just on existing clients and ppl who end up using stuff that requires their products.
bdangubic 25 minutes ago
moat
BoredPositron 3 hours ago
It's like IBM for legacy business the German Banking System runs all oracle in the backend.
rbanffy 3 hours ago
Indeed. Oracle runs on z/OS as well.
jeffbee 3 hours ago
Oracle has made a large bet on being a cloud, but nobody wants their terrible cloud, which is reflected in their dollar-store prices. They staffed up and built facilities that they can't sell so I am not surprised they are now swinging the axe.
silisili an hour ago
I use it only for the free(for now) tier. I always thought AWS console was about the worst UI/UX could get.
Not to be outdone, Oracle came along and said 'hold my beer.'
newsoftheday 3 hours ago
I posted a response from Gemini where I asked Gemini, "Do you have citations proving or disproving whether Oracle Cloud is still attracting cloud customers away from Azure, AWS and GCP?" and it seems it disagrees with your "nobody wants their terrible cloud" view.
kstrauser 3 hours ago
nemomarx 3 hours ago
diogomqbm 3 hours ago
i know they're also one of the AI data center providers of this era. Making partnerships with NVIDIA and helping GPUs get to market.
gytisgreitai 3 hours ago
Clearly you are in USA. It’s not how their business works and Startups are not their target. Lobbying governments across the world with questionable practices are
vasco 3 hours ago
Government contracts. You get good at bidding, there's money to be made there. And those bidding processes are way more than just the tech. That's their main value prop I think. Having the bureaucratic machine to bid and win contracts.
paulddraper 3 hours ago
NetSuite
There are alternatives, but NetSuite is the gold standard unless you want to fork over for SAP.
glenstein 3 hours ago
Truth. I don't know of a better plug and play option than Netsuite for middle to big companies.
MattGaiser 2 hours ago
Many organizations are extremely low capacity. I am aware of a company that has merely a few hundred gigabytes of data and is stuck on Oracle.
DetroitThrow 3 hours ago
Well, if you're an elected official, and you're in charge of government organizations that could be used to enrich billionaire donors by using a donor's services - Oracle fits that niche very well!
EliRivers 3 hours ago
Why use Oracle indeed.... Here's a tale from somewhere around the year 2000.
https://thedailywtf.com/articles/A-Software-Problem%2C-A-Mar...
For Jason R., it was an exciting time. His company was trying to break into the telecom market with a new product that they'd get to build almost entirely from scratch. The only part that he wasn't excited about was that the major customers had very specific requirements that his team would have to meticulously follow. In this case, some bigtime POTS operators demanded that all servers must come from Sun, and any databases must be built on Oracle 8i.
One of the applications they were building had to interface with the clients' call data records (or CDRs). The most important use of CDRs is for phone bill calculation, so naturally they were stored in properly designed and indexed tables. The CDRs were stored alongside all billing records, and were frequently accessed by mission-critical internal applications, and they weren't prepared to expose all of that to a third party. So instead, Jason's company would have to construct CDRs on their own from the signaling message flow. Because the CDRs would be processed right away, they wouldn't even need to store them. The tentative architecture called for an Oracle database for CDR pipelining from the front end to the application backend.
When the analysis was being conducted, the team grew concerned with the costs — both in terms of budget and disk I/O. Oracle licenses are incredibly expensive, and there would be a huge volume of CDR data written to and read from the database. Finally, it dawned on someone that the database was completely superfluous since records were processed as they came in. In fact, a single, low-end Sun server with a few hundred megs of RAM could easily handle the CDR generation and application backend.
Excited about their good news, they called up a meeting with the product managers. "We've discovered that we can deliver the product at a fraction of what our original estimates were." The managers left the room, some looking happy, others just looking incredulous.
Later that day, Jason got a call from the VP of Engineering. "Jason, while I understand what you're proposing is technically valid, you have upset the marketing team."
"I'm sorry... did I say something?"
"It's just that they've promised the customer that our product would use Oracle 8i, and now they're going to be made liars. Can you just humor me and add Oracle 8i to the design somewhere?"
"Uh..."
"I have enough trouble politically as it is. I really appreciate this favor!" click
After delivering the news to his team, they argued a bit on what to use Oracle for. Ultimately they delivered the final product with an Oracle database that had a single table which was used to store a handful of configuration parameters.
It was the most expensive individual table Jason had ever created in his entire career.
faangguyindia 3 hours ago
Java sucks, it will consume lots of ram. Just write your services in Golang.
dafelst 4 hours ago
More victims of AI.
Not actually of "AI is replacing jobs", more "oh shit we are spending too much and the product isn't good enough for us to ever make a return on our absurd over-investment".
nimbius 4 hours ago
Blame it on whatever you like. oracle has been a rudderless leech for nearly 30 years now.
- overpricing the database led to a predictable exodus and new players with often times better performance.
- acquisition of MySQL led to a predictable exodus and new players like maria with often times better performance.
- Oracle cloud arrived late to spectacular skepticism and low user turnout from customers who had been burned by high cost and users burned from decisions like the death of opensolaris. it exists on federal life support these days by the grace of the prevailing administration.
- more than 80 products, with hundreds of thousands of patches and updates, yet no coherent or meaningful reform of the build for more than forty years. DB 19c still ships broken for redhat 9 as a means of driving users to oracle linux, and patching the installer is a 1970s experience in itself. DB 23's greatest improvement has been to tack the letters "AI" onto it to chum what shallow AI waters Oracle deigns to tread outside of an investment portfolio.
- dumping cash into oracle enterprise linux despite it only having around 2500 active corporate users.
this is nearly 20% of the company being laid off.
NitpickLawyer 4 hours ago
> a rudderless leech for nearly 30 years now.
Yeah, from small interactions over the past two decades, I have no idea how they could have been so bad while employing so many people. What on earth were those 30k people doing?! Their solutions were crap for ages.
colechristensen 3 hours ago
rbanffy 3 hours ago
jimbokun 2 hours ago
I hadn’t realized their stock price has been cut in half over the past year.
jacobgkau 2 hours ago
muskstinks 4 hours ago
I don't think its that easy.
Look at their employee numbers over the years:
(ai generated):
Oracle Corporation Employee Count (2010 - 2025)
Legend: Each '' represents approximately 4,000 employees.
Year | Employees
------------------------------------------------------------------
2010 | (105,000)
2011 | (108,000)
2012 | (115,000)
2013 | (120,000)
2014 | (122,000)
2015 | (132,000)
2016 | (136,000)
2017 | (138,000)
2018 | (137,000)
2019 | (136,000)
2020 | (135,000)
2021 | (132,000)
2022 | (143,000)
2023 | (164,000)
2024 | (159,000)
2025 | (162,000)
Note: Oracle's fiscal reporting for the full year 2025 ended on May 31, 2025.They clearly did something crazy at corona and undoing this as a lot of companies did before already.
dijksterhuis 3 hours ago
> (ai generated)
here's a link to an actual source for people who also don't trust ai generated stuff
https://www.macrotrends.net/stocks/charts/ORCL/oracle/number...
edit: this source also includes data/graphs on stock price and bunch of other metrics, rather than just one number over time.
jonas21 2 hours ago
muskstinks 2 hours ago
hyperpape 4 hours ago
If I do my python right, from 2010-2020 they grew by 2.5% annually, from 2020 to 2025, they grew headcount by 3.7% annually.
After the layoffs, they'll apparently now have grown by 1.0% annually since 2020.
So yes, from 2021 to 2023, they had a huge spike, but overall, it's a net slowdown in growth relative to the 2010-2020 period.
If this was about reversion to the old pattern they'd have done a smaller set of layoffs or simply wait for a few years of zero growth.
throwaway5465 4 hours ago
_aavaa_ 4 hours ago
sethev 4 hours ago
> They clearly did something crazy at corona
They acquired Cerner, which had ~30k employees.
ge96 4 hours ago
CoolGuySteve 4 hours ago
Even at 100k employees I’m still dumbfounded by that number. What do all these people do all day?
hyperpape 4 hours ago
rocmcd 4 hours ago
baumy 4 hours ago
stackskipton 4 hours ago
zipy124 4 hours ago
ra_men 4 hours ago
kwisatzh 2 hours ago
shusaku 3 hours ago
drowntoge 4 hours ago
hulitu 4 hours ago
Simboo 4 hours ago
mandevil 3 hours ago
In June 2022 the Oracle acquisition of Cerner (a EMR now billed as Oracle Health) closed, so that would be after the 2022 date and before the 2023 date. Cerner was 28,000 employees.
If they do cut back to their size before the acquisition, while continuing to try and support the EMR, they will be doing a lot more with fewer employees.
The acquisition has already had a lot of bad consequences: https://www.businessinsider.com/oracle-cerner-health-larry-e...
perching_aix 4 hours ago
But the up curve at the end very clearly tracks with AI adoption and not Corona?
RobRivera 4 hours ago
You need to pair hc with revenue, otherwise this data tells only one story, hc growth.
hbn 3 hours ago
What's the point of posting statistics if they're not fact-checked and come from no verifiable source? At best they're right but we don't know until someone else fact-checked it for you, and at worst you're just spreading misinformation and we don't know until, again, someone else fact-checked it for you.
If you want to use AI to find information like this, tell it to grab you a source and post that.
jimbokun 2 hours ago
So they are returning to 2015 headcount.
(EDIT: or 2021)
Foobar8568 4 hours ago
More employees to release less stuff.... Smell like consultancy.
lenerdenator 3 hours ago
The "Something crazy at corona" would likely be, in part, their purchase of Cerner Corporation in 2021-2022. I want to say there were 10k-ish employees? Maybe more?
I have friends there who have described how bare-bones things were. This is only going to make it worse.
I would not patronize a hospital system that intended on staying on Cerner Millennium EMRs for the foreseeable future. If things were bad before, they'll only be worse now.
gib444 3 hours ago
Where's the annual revenue for context? Those numbers are almost useless alone.
muskstinks an hour ago
gedy 4 hours ago
Their profit doubled from 2010 to 2025 though, no?
random__duck 38 minutes ago
How to tell you we are running out of money because of AI without spooking the investors ?
consp 4 hours ago
"Oracle leadership" sounds like nobody wants to take responsibility but they do like the share price to go up so say good bye to [auto generated name in header]'s job.
progbits 2 hours ago
Stock barely moved after this news. Would be surprised if it isn't below 100 by H2.
mcmcmc 2 hours ago
Is it AI or is it Larry subsidizing his dipshit son’s media exec fantasy/throwing money at Trump’s patronage system?
alephnerd 4 hours ago
> More victims of AI
According to the article as well as blind, the main teams hit were associated with Cerner (EHR) and NetSuite (ERP).
Oracle's AI spend is part of Oracle Cloud.
That said, I guess it can be argued that Cerner and NetSuite being on the chopping block can be attributed to AI because now procurement has the choice to either build in-house via an Anthropic or OpenAI SI like Accenture or TCS or they can negotiate better purchasing terms from a best-in-breed product in HRM and ERP like SAP instead.
I also find it interesting how American and European HNers are much more negative about AI compared to their Chinese, Indian, and Israeli peers even though they have a significant amount to lose as well.
SlinkyOnStairs 4 hours ago
-
alephnerd 4 hours ago
lenerdenator 3 hours ago
> That said, I guess it can be argued that Cerner and NetSuite being on the chopping block can be attributed to AI because now procurement has the choice to either build in-house via an Anthropic or OpenAI SI like Accenture or TCS or they can negotiate better purchasing terms from a best-in-breed product in HRM and ERP like SAP instead.
Cerner isn't an EHR, it's an EMR. EHR == Electronic Health Record. Your FitBit data is an Electronic Health Record. EMR == Electronic Medical Record. Your doctor's records, how much blood thinner that nurse is supposed to give grandpa, and whether or not he's a fall risk are things you'd put in an EMR.
You can't just vibecode your way to replacing an EMR. Cerner Millennium has a shrinking, but substantial, footprint at healthcare systems across the country and around the globe. There are 25+ years of bugfixes, caveats, architecture, and other pieces of knowledge to be tracked and accounted for, and you must do so, because if you don't, people under the care of doctors could die.
It's also worth noting that the DoD uses Millennium for active service members, and I think they also use it for TriCare. American taxpayers are on the hook for dealing with the problems that Oracle's cost cuts will produce.
shigawire 2 hours ago
alephnerd 37 minutes ago
renewiltord 4 hours ago
One of the ideal things that companies can do is not hire people. A company that never hires someone will never let anyone go and consequently is the only ethical company. The worst thing that a company could do is pay someone to do a job for a while. In fact, one thing we could do is make sure that all jobs should be perpetual. If someone hires you, they can't stop paying you until they die or declare bankruptcy. This is sure to be good for workers.
perching_aix 3 hours ago
> In fact, one thing we could do is make sure that all jobs should be perpetual. If someone hires you, they can't stop paying you until they die or declare bankruptcy. This is sure to be good for workers
You jest, but that's pretty much South Korea if this video (and my interpretation of it) is to be believed: https://youtu.be/pjjhrwVYPE8
For those not interested in watching 30 mins of this, long story short, it doesn't bode well. They do have some other circumstances going on in addition though.
triceratops 2 hours ago
> One of the ideal things that companies can do is not hire people
This, but unironically. Companies that make money without hiring anyone provide the most "value".
Simultaneously we should stop calling business owners "job creators". They're actually "job minimizers". They only hire people when there's no other choice.
renewiltord an hour ago
shepherdjerred 4 hours ago
It’s not unethical to lay someone off
Zigurd 3 hours ago
arkaic 3 hours ago
js8 4 hours ago
wiseowise 3 hours ago
throwaway85825 4 hours ago
whamlastxmas 4 hours ago
zulux 4 hours ago
My only problem with this is: Some of my best people are those that "I gave them a chance." I'd only hire perfect people from my tribe if I had to have them forever.
renewiltord an hour ago
WalterBright 3 hours ago
Mandated perpetual employment is bad for workers because the company will be extremely reluctant to hire and take on such an open-ended liability.
whamlastxmas 4 hours ago
Oracle has record revenue and has for many years in a row. Laying people off is a result of mismanagement and not because they can't afford to keep them. In an ideal world I believe we'd have human centered employment instead of profit centered, and while I know that's unlikely to happen, it doesn't mean we can't criticize profit centered
WalterBright 3 hours ago
the_real_cher 4 hours ago
Termination will take on a while different meaning of this turns out to come true on some Black Mirror future.
guywithahat 3 hours ago
I don't understand this sentiment. I'm absolutely significantly more productive with AI; so much moreso that I now have freetime and we haven't needed to replace an engineer who left. On the flip side my coworkers who think they're above AI are drowning. I think there is an endemic problem of senior engineers who think they're above learning AI and agents who don't want to use them, and these cuts are about forcing them to get with the times or drown in work.
Replacing jobs is a bit of a misnomer, but it's certainly allowing us to build out more features in shorter amounts of time.
lljk_kennedy 3 hours ago
Are you paid significantly more for your newfound productivity?
chasd00 2 hours ago
chekibreki 4 hours ago
Full text of e-mail:
We are sharing some difficult news regarding your position.
After careful consideration of Oracle’s current business needs, we have made the decision to eliminate your role as part of a broader organizational change. As a result, today is your last working day.
We are grateful for your dedication, hard work, and the impact you have made during your time with us.
After signing your termination paperwork, you will be eligible to receive a severance package subject to the terms and conditions of the severance plan. You will receive an email from DocuSign to your Oracle email address with details on your severance and termination date.
Immediate Action Required
To receive important follow-up information, including FAQs and separation documents to help you through this transition, you must provide a personal email address.
Please click here to submit a personal email address immediately. If you make a submission error, please re-submit a new form. Please Note: The personal email address will only be used for correspondence regarding separation-related information and severance agreements.
Access to your computer, email, voicemail, and files will be deactivated soon, and you will be unable to log into your computer. As a reminder, you are prohibited from downloading, copying or retaining (including emailing yourself) any Oracle confidential information.
Thank you for your contributions to our organization. If you have additional questions, please reach out to the HR team via the Ask HR page or at (888) 404-2494.
Oracle Leadership
Source: https://www.reddit.com/r/employeesOfOracle/comments/1s8jadx/...
niek_pas 2 hours ago
> As a result, today is your last working day.
As a European, I never realized that this is allowed under US labor law. That is absolutely insane.
EDIT: some commentors have pointed out that the workers collect severance and unemployment --- I was not aware this is law in California, and that changes matters. I would, though, still find being suddenly out of a job fairly traumatic.
tomjakubowski an hour ago
> collect severance and unemployment --- I was not aware this is law in California,
Unemployment benefits in California are capped at $450/week, and you only get 26 weeks of it. It's helpful, but doesn't even cover housing costs for many individuals, let alone for families.
I don't think there's a state law requiring severance. It's often offered by the employer if the terminated employee agrees to sign an NDA.
ahtihn 2 hours ago
As a European, this seems normal?
When someone is fired, they generally stop working immediately while getting paid through the notice period.
macki0 24 minutes ago
Aurornis 2 hours ago
Aurornis 2 hours ago
They are done working but will collect severance pay, typically scaled by years of service.
Oracle software engineering compensation for mid-level software engineers is in the $200-300K range. The top of their scale extends into the $400K to $1 million range.
From what I've seen, laid off employees will receive a minimum of 1 month of their compensation with 1 week of pay for every year worked, plus any remaining unused vacation time. So a mid-level employee who has worked their a few years and hasn't drawn their vacation balance to 0.0 could receive $30-50K or more beyond this date.
tombert 2 hours ago
The at-will firing is just how it is in the US, but I do find it odd how accepting we've become with these corporations massively overhiring.
If they have to fire twenty percent of the company, shouldn't that be a signal to investors that the people in charge are morons for overhiring thirty thousand people in the first place? Software engineers aren't cheap; assuming an average compensation of $250,000/year (which I think is pretty conservative if you count total comp like insurance and stock) then that's 7.5 billion dollars of investor money they're wasting per year.
niek_pas 2 hours ago
manquer an hour ago
sowbug 2 hours ago
IncreasePosts 2 hours ago
Why? They get a severance which is going to be multiple months salary, as well as approximately $2000/mo unemployment from the state (assuming in California).
Personally, I'd rather just get the money and not have to work, rather than be forced to come into the office knowing I was getting canned in 3 months or whatever
niek_pas 2 hours ago
tomjen3 2 hours ago
Dane here. I have had more than one coworker get that treatment.
Sure the company still has to payout salary, as per the contract, but plenty of companies do not want laid of people around.
lotsofpulp 2 hours ago
It's insane to force businesses to take on the government's responsibilities (providing food/shelter/income/energy security).
A buyer and seller should be free to start and stop buying and selling whenever they want, absent contracts stating otherwise.
The government should be there to directly support all of the people, not to police and cajole businesses to support some of the people that happened to be hired by a business.
niek_pas 2 hours ago
rwmj 2 hours ago
heraldgeezer 2 hours ago
Crazy society they built over the pond.
They really have some of the best & beautiful land on earth, never been bombed in modern times, plenty population, the best schools in the world.
Yet they made a hellscape of cars and asphalt and same day termination. Just sad.
rossant 3 hours ago
"eliminate".
Right.
jedberg 3 hours ago
My Amazon layoff notice came at 5am. Same deal. I thought it was fake because it came to my personal email. Then I logged into my work computer and found that all my email had been erased except for a copy of the layoff notice and an invite to a 10am Zoom with HR. The funny part was the invite had everyone who had been laid off in the To: line.
I was able to send internal only emails until 1pm, and then it logged me off and the computer was a brick.
brailsafe 2 minutes ago
[delayed]
jimkleiber 3 hours ago
I'm not sure if companies understand the emotional impact on the laid off and the layoff survivors. It almost seems like a terror campaign, whether intended or not.
xXSLAYERXx 20 minutes ago
When i was first laid off during the dot com bust I was working on a sales floor. All open no cubes. We didn't know layoffs were coming. Manager walks in and taps this one guy on the shoulder, says grab your personal things and come with me. Manager came back in did the same to a few others. Then it was me. Talk about embarrassing! Also, was 2 weeks before quarter ended. If you were not working for the company at the end of the Q, no bonus. 2 weeks! I'll never forget that. That was my first taste of how nasty a company can be. Not the layoffs, hey things happen. But the timing. Feels diabolical.
Aurornis 2 hours ago
One of my past employers tried to give laid off employees a dignified send offs including not immediately revoking their access.
The number of people who snap and make rash decisions to try to exfiltrate data, plant backdoor logins for themselves, or sabotage company work in those hours was a much larger number than I would have guessed prior to seeing it.
jimkleiber 2 hours ago
turtlesdown11 an hour ago
jedberg 3 hours ago
They understand, but they are more concerned about you exfiltrating data and suing them.
But you're right, the survivors don't even get a list. They have to find out when something they're waiting for never shows up because that person doesn't work there anymore.
pavel_lishin 2 hours ago
jimkleiber 2 hours ago
pfortuny 8 minutes ago
Do not say “companies”. They are managers who do this. It is them who are to blame.
tech_ken 3 hours ago
Yes in my (somewhat tinfoil) opinion the point is to have an emotional impact on the workforce overall (or at least, one of the points is). Tech workers had a really good 20 years in the US, and kind of forgot that they were ultimately still wage workers. I think the culture circa 2018 took for granted a basic level of respect and cooperation from upper executives, and were beginning to exercise their power to achieve political goals, which was annoying to the tech ownership class. I think one of the major strategic turns of last 4ish years is the usage of precarity and high turnover to corrode worker solidarity in fields which used to be ironclad and respectable white-collar work. By simultaneously narrowing the hiring window ('junior devs are replaceable with AI') and also expanding the opportunities to be culled ('we are axing this division to cover our moonshot outlays') capital cultivates a desperate and compliant workforce. Bottom-up culture is woke, in the 2020's the folks in power want top-down directives that are followed unquestioningly; similar approach to how the executive branch was brought to heel by DOGE.
julenx 2 hours ago
Some employees in the company might understand the emotional impact, but companies themselves would only look for certainty in protecting what belongs to them, which will hardly align with fairness or emotions towards employees in a situation like this.
potsandpans 3 hours ago
This is largely the world we've created with litigation practices.
Corpo is very careful to show empathy that can be perceived in some way as accepting blame in a way that would open them to litigation.
jimkleiber 2 hours ago
heraldgeezer 2 hours ago
* in the USA
Here we get 1-3 month notice.
But it goes both ways, if I want to leave I have to work the mandated period.
Aurornis 2 hours ago
rustystump 3 hours ago
Contrary to what people may think, the most humane way is a fast clean cut. Drawing it out in anyway doesnt help anyone. This does assume communication is clear about employee next steps for HR related tasks.
This is also why in the other direction a fast clean cut works too. I mean if they want two weeks of “work”, i always consider that severance.
The fast clean cut is true in all industries. Drawing it out only makes it more painful. It is similar to breaking up in a relationship.
jimkleiber 2 hours ago
throwawayq3423 3 hours ago
Honest question, why would they care?
danmaz74 3 hours ago
viccis 2 hours ago
ponector 2 hours ago
This is American way. There are no people, only resources.
guerrilla 2 hours ago
viccis 2 hours ago
One of the most surreal meetings I've ever been to was a company All Hands after a 20% layoff round. The upper management people who decided who was laid off took turns talking about how upset it made them to have to do it. They showed a diagram of the Kubler-Ross stages of grief and went back and forth talking about what stage of grief they were in having to lay all these people off. Was like something out of the UK version of The Office. It was so tone deaf that it was bleakly comedic at a certain point.
The extra kicker was that there were a bunch of UK people in this meeting who knew they'd be laid off, but it takes longer to do the redundancy process over there, so they had to listen to these people complaining about how sad firing them feels.
ctxc 2 hours ago
I was going to type you a sympathetic message and took a peek at your profile, and...well that's quite a resume you got there!
jedberg 28 minutes ago
Heh thank you. It was a few years ago that this happened, when they were doing the big RTO.
quelsolaar 4 hours ago
Do not make the mistake of anthropomorphising Larry Ellison.
bcantrill 4 hours ago
I do take a perverse kind of pride that this can now be said without any explicit reference -- and everyone knows you're talking about the lawnmower.
Verdex 3 hours ago
Whenever the lawnmower thing comes up, I try to also mention dtrace. As far as things to be remembered for, they make some strange bedfellows... although it's better than anything I've managed so I guess congrats.
mwcampbell 2 hours ago
secstate 3 hours ago
Outside of 90s television, this might be the most universal reference I have in my life.
bombcar 4 hours ago
The lawnmower does not have feedback, it does not stop just because it encounters human flesh.
chrismorgan 3 hours ago
I’m currently moving my personal VPS to Oracle Cloud (for a couple of reasons). The new machine’s host name is lawnmower. I have never been so decisive and satisfied in naming a computer.
ZeWaka an hour ago
fresh spring grass erupting fast
the distant engine purr comes
ouch goes the lawnmower
razingeden 4 hours ago
lawnmower don’t give a fuuuuuck
keeganpoppen 4 hours ago
oh my god… we thought anthropomorphizing “the computer”, was the problem, when it was anthropomorphizing the principals all along… (yes, i know that is the joke you made, but it was so incredibly appropos that i felt the need to comment to register my amusement / sadness / ¿)
dolphinscorpion 4 hours ago
Unless you're being offered a very good package, any firing email is cold. Let's be honest
SoftTalker 4 hours ago
There's no real way to sugar-coat losing your job. I think an email is as good as anything. Ensures everyone gets the same message at the same time.
troyvit 4 hours ago
I think the headline is not the best headline, but what it meant by "cold" is that there was no advance warning. So like cold-calling somebody, but to fire them, and an email instead.
0cf8612b2e1e 4 hours ago
WalterBright 3 hours ago
Waterluvian 4 hours ago
Whatever you do, do not ever book a 1:1 meeting on a Friday afternoon for Monday morning titled, "The Future."
thinkingtoilet 4 hours ago
Gualdrapo 4 hours ago
And traceability.
In a 1:1 meeting you could fire me and say a gazillion things and I'd forget 99.9% of them.
SoftTalker 3 hours ago
Quarrelsome 4 hours ago
I think its very impolite to not do it face-to-face.
toast0 4 hours ago
lokar 3 hours ago
01284a7e 3 hours ago
ilovefrog an hour ago
It's crazy to me that companies are allowed to do this, given that staff are generally expected to be accommodating and give notice when they quit.
OkayPhysicist an hour ago
Expected, yes, required, not at all.
It is completely legal to just stop showing up one day.
lateforwork 4 hours ago
What is the alternative? Have 30,000 meetings? How long will that take?
steve_adams_86 3 hours ago
A great alternative would be operating a company correctly so you don't end up in a situation where you need to cut 30k jobs at once with no notice. That's a bizarre thing that's becoming practically normalized in the USA tech industry.
IshKebab 3 hours ago
Barbing 4 hours ago
Can you imagine a company spending a long time on meetings?!
zerr 3 hours ago
6+ months' notice with a severance package equal to at least an annual salary.
HomeDeLaPot 38 minutes ago
dpark 3 hours ago
emmp 2 hours ago
mitthrowaway2 3 hours ago
Were those people not already having regular 1-on-1 meetings with a manager?
lateforwork 2 hours ago
yodsanklai 3 hours ago
In the US, different countries have processes more favorable to employees.
epolanski 4 hours ago
Even if you're being offered a very good package, being fired, regardless of how, is cold.
ghaff 3 hours ago
Depends on the circumstances. There are people who are ready to go any the time of a layoff if the terms are right.
wnevets 3 hours ago
Very often people will defend these kind of layouts as the result of overhiring but then shouldn't the leadership that over hired 30K people also be held accountable?
jaccola 3 hours ago
I think this sucks for the people being laid off but what exactly should they be held accountable for?
It's not like over-hiring or laying people off is a crime. The employees presumably knew the deal going in (that they could be laid off). They got compensated for the time they worked.
No one owed them a job at Oracle in the first place. (Again, not to diminish how bad it feels / shocking it can be to be laid off!)
triceratops 2 hours ago
> what exactly should they be held accountable for?
Bad leadership. Costing the company a ton of money and goodwill. Need I go on?
wnevets 2 hours ago
wnevets 2 hours ago
> but what exactly should they be held accountable for?
For over hiring 30K people.
dominotw 2 hours ago
making wrong decisions at work has no consequences for you? where do you work?
HDThoreaun 2 hours ago
kwanbix 4 hours ago
Those super yatchs of larry have to be paid somewhow.
esaym 2 hours ago
> The layoffs are directly tied to Oracle’s aggressive and debt-heavy expansion into artificial intelligence infrastructure. According to analysis from TD Cowen, the job cuts are expected to free up between $8 billion and $10 billion in cash flow — money the company urgently needs to fund a massive buildout of AI data centers.
Interesting that they admit that the layoff off is due to a pivot from software to hardware.
vincentastral 3 hours ago
Warren's inquiry into meta, amazon layoffs would probably be a warning sign that all the large tech companies are up to no good. Anybody who operates tiktok is on my suspicion short list to start out with.
fs111 43 minutes ago
This was leaked weeks ago https://www.livemint.com/companies/news/oracle-layoffs-tech-...
renegade-otter 4 hours ago
That CapEx must be really out of control. Soon enough they will be left with 200 data centers and 300 poor bastard running the ship.
strongpigeon 4 hours ago
Their free cash flows turned negative for the for the first time in forever.
asah 4 hours ago
"cold" is redundant/implied for Oracle.
dominotw 2 hours ago
not any colder than any other company. spotify did the same to me.
elzbardico 40 minutes ago
Ethical Dillemas.
You found the cure of cancer. If you release it now, you'd giving back humanity millions of LifeYears, but if you release it in a few years, Larry Elison won't be able to take advantage of it.
How do you proceed?
kleiba 3 hours ago
Between employers and employees, loyalty is only expected one way.
sneak 3 hours ago
Not really. You can quit at any time, too. A job today isn’t (and shouldn’t be) any guarantee of a job tomorrow.
wiseowise 3 hours ago
> A job today isn’t (and shouldn’t be) any guarantee of a job tomorrow.
Also relationships, kids and stability. Spend all your life in perpetual anxiety, rent all your life, you will own nothing and be happy! Also, here’s a bowl of insect protein while we’re at it.
HomeDeLaPot 27 minutes ago
sneak 2 hours ago
bix6 4 hours ago
It feels like Oracle has made some massive strategic missteps in the past year. I’m curious if they can turn it around.
Steve16384 4 hours ago
Like the OpenAI deal?
sleepybrett 2 hours ago
I mean bribing trump to get all those sweet government cloud contracts seems like it could end up being either the best bribe ever or a good way to get your company disbanded.
newsoftheday 4 hours ago
What "massive strategic missteps"? They continue to attract cloud customers coming from Amazon, Google and Microsoft.
bix6 4 hours ago
They massively over committed to data center deals with debt. Safra leaving is also a big deal. Look at the stock price since she left.
AptSeagull 4 hours ago
Stock went down 50% in six months. If LE's AI bet is wrong, then they'll have to find some way to pay off the $60B in new debt.
raw_anon_1111 4 hours ago
Citations?
newsoftheday 4 hours ago
giancarlostoro 3 hours ago
I've heard of people working there that has cozy, low effort jobs, I'm not surprised. More surprised if took them this long.
baggachipz 2 hours ago
What makes you sure that those are the ones laid off?
giancarlostoro 2 hours ago
Not confident, but that's a good question. :)
bux93 4 hours ago
"Any unvested restricted stock units, however, were forfeited immediately."
wow.
HomeDeLaPot 16 minutes ago
Ouch. Imagine being let go just a few weeks from vesting. Doesn't seem fair to let someone work for months and months in anticipation of their big prize and then yank it away at the last minute.
dtdynasty 4 hours ago
Isn't this normal? I thought that's how it typically works when an employee leaves a company with any method.
tmoertel 3 hours ago
When laying people off, better companies will often accelerate vesting so that the departing employees get additional stock. For example, Google does this:
We’ll also offer a severance package starting at 16 weeks salary plus two weeks for every additional year at Google, and accelerate at least 16 weeks of GSU vesting.
https://blog.google/company-news/inside-google/message-ceo/j...
savant2 2 hours ago
jeffbee 3 hours ago
jvuygbbkuurx 3 hours ago
That's what the contract would typically say. But it's not uncommon to have accelerated vesting either when parting on good terms or with severance.
ivell 4 hours ago
This is the unfair part. Quite often salary is reduced with the excuse of having stock options. So this is more like a cut in earned salary along with getting fired.
bsimpson 3 hours ago
Since moving to NYC, I'm surprisingly close to cashflow neutral. The cost of living is crazy expensive here.
I'm for sure timing my exit based on the vesting schedule.
garbawarb 2 hours ago
Pretty vicious. As an employee I wouldn't consider working at Oracle or any company that's done this when there are plenty of companies which, despite layoffs sucking for everyone involved, at least compensate their employees decently when it happens.
Aurornis 2 hours ago
That's the definition of "unvested"
Anyone evaluating compensation and stock options should understand vesting periods and what they mean so they're not surprised by something like this.
samuelknight 4 hours ago
This is standard in every tech RSU vest schedule I have seen.
iamjake648 3 hours ago
Yes, it's the standard in every legal doc I've ever seen too, but most companies have typically done some accelerated vesting as part of severance. Of course they don't have to, but it's a generally lower cost way of showing some good will.
Aurornis 2 hours ago
jeffbee 3 hours ago
That's what the word "vested" means.
butterlesstoast 3 hours ago
If it's anything like the layoffs I went through at my company, it's always nuanced.
Lots of talented hard working engineers are laid off at the same time that they lay off people just checking Slack on their phone on the plane to avoid taking PTO.
Reading the r/employeesOfOracle is a bit gutting. Hoping for the best for the people. Don't really care much for Oracle; especially their business model.
throwaway85825 4 hours ago
How can we teach customers to never ever do business with oracle?
baal80spam 4 hours ago
Let's not forget that ORACLE is actually an acronym.
jsk2600 an hour ago
I thought it is reverse of EL CARO (”expensive” in Spanish)
ZenoArrow 4 hours ago
Is it? Based on what I've seen online the company name was derived from a CIA project from the 1970s that the founders worked on, but it doesn't seem to be based on an acronym. There was an earlier unrelated project from the 1950s which used ORACLE as an acronym ("Oak Ridge Automatic Computer and Logical Engine").
If this is a joke, I clearly don't get it!
dryarzeg 4 hours ago
"One Rich A*[CENSORED] Called Larry Ellison"? : )
EDIT: LOL, I haven't expected to be downvoted for simply putting this in a way I like : )
NickC25 4 hours ago
this is the internet, not a Sunday service at your local mormon temple where swearing is banned. You can call Larry Ellison an asshole. There are few people more deserving of being called in asshole than he is.
dryarzeg 4 hours ago
Quarrelsome 4 hours ago
rconti 2 hours ago
silveira 2 hours ago
At least they had a decency of avoiding the ambiguity of doing this during April 1st.
bipinrimal1 3 hours ago
Does everyone at this point wonder, when is it going to be my time next at the company?
xvxvx 4 hours ago
Anytime there are mass layoffs like this, I like to look at the company career page and revel in the HR horseshit they jam down everyone’s throats: https://www.oracle.com/careers/
steve_adams_86 3 hours ago
This one is so over the top, it begins to verge on satire.
thomasgeelens 4 hours ago
Every time I think: "do I live in a dystopia yet?" I get confirmation with these messages.
snihalani 2 hours ago
Do people here believe in karma? I can't empathize with these management practices.
amelius 3 hours ago
With those software engineers gone, they can now return to their core business: suing people.
indigodaddy 2 hours ago
Free up some $ for Skydance WB acquisition if needed?
rishabhaiover 3 hours ago
I find it bizarre than no one here seems to be commenting on the insane amount of capex redirected towards AI infrastructure build out as a reason for such decisions. I only hear bad product or covid over hiring but they seem like cope to my cynical mind.
codemog 4 hours ago
Don’t work for evil companies.
kaladin-jasnah 4 hours ago
I tried to do this out of undergrad (graduated last year). Many companies do both good and bad things to me, some more good than bad. The "best of the best" companies to me require many years of experience and are still competitive. I didn't really want an entry level job at an "evil" company, so I'm going to go do a PhD (in something unrelated to my original interest in operating systems, as I don't want to be a 30k/yr automaton part of Meta's R&D machine).
My point is: it's very, very, very hard to do this, especially with my set of interests (lots of OS work is in the datacenter, which leads to jobs with hyperscalers; I consider many of those companies evil). I'm trying. It will probably make my QoL worse for some time, and I'll probably give up eventually.
Also, evil is undefined in some sense. Is it wrong to do something "good" at a company that has an "evil" aspect?
BeetleB 3 hours ago
> My point is: it's very, very, very hard to do this, especially with my set of interests
It is very, very, very hard because you're making it hard by insisting on finding a strong intersection with your set of interests.
Half the jobs I've had aligned well with my interests. They were also in the lower half of jobs I liked. The best jobs I've had were the boring ones. It turns out, there's a lot more to jobs than just what you work on.
The most important thing is to keep a roof over your head. Next is saving for retirement. And then there are things like work environment, the people you work with, team dynamics, the actual technical work, etc.
I've found that the most intellectually fun/challenging work was usually coupled with the most dysfunctional teams. It's likely just a coincidence, but it was a good lesson that other things matter at least as much.
calvinmorrison 4 hours ago
Yes. I work at boring companies that are not evil instead. Never went to my local magnate (Comcast), left a company when they off/onshored entire teams to HCL slaves, etc.
No i won't make 350K as a dev. Yes i will have a paltry middle class existence while we still have a profession called IT.
kaladin-jasnah 4 hours ago
bombcar 4 hours ago
The key to not working for evil companies is to have more choice in who you do work for, which involves living way below your means so that you can save inordinate amounts of income and "retire" early - which is just code for "do the work I want to do for those I want to work for".
raw_anon_1111 4 hours ago
So exactly what for profit company is on the side of the angels?
kstrauser an hour ago
Sometimes the lesser evil is truly a lesser evil.
bix6 4 hours ago
Many of the startups I work with. We’re helping save the oceans and land. Purpose and profit are dream scenarios for me. It’s difficult in a capitalist economy but it exists.
raw_anon_1111 an hour ago
troyvit 3 hours ago
Why stick with for-profit companies? But on measure I'd say System76, n8n, Nextcloud, GridX, Odoo, Tuxedo, GitLab, Uplight, Aurora Solar, Bandcamp (maybe), Bitwarden, Canonical (maybe), Scribd, Arcadia, Wikihow. Basically any time you find yourself enjoying a product you're using, see who made it and if they're hiring.
Sure it's an uphill battle. This is late-stage capitalism after all and unless you're comfortable with a role that extracts from people who weren't planning in being extracted from you're not going to make a ton of money. That's what it takes to be on the side of the angels though.
raw_anon_1111 3 hours ago
BeetleB 3 hours ago
liveoneggs 4 hours ago
your local food bank only has so many open positions
troyvit 3 hours ago
The more people who believe this, the easier it is for me to find a job at a place I respect, so thank you.
Steve16384 4 hours ago
Ideally it would be "don't buy from Oracle", but we don't get to affect those decisions.
WarmWash 4 hours ago
Ironically this would just fuel more layoffs.
01284a7e 3 hours ago
The right thing to be said here. Oracle is trash. Would you expect rude idiots to be nice smart people all of a sudden?
newsoftheday 4 hours ago
List successful companies you would not define as evil.
mirekrusin 4 hours ago
37signals, vanguard, costco, proton, fastmail, mullvad vpn, framework, automattic, valve, patagonia, lego, linear, hetzner, tarsnap, ...
antonymoose 4 hours ago
bombcar 4 hours ago
HDThoreaun 39 minutes ago
ivell 4 hours ago
jjice 4 hours ago
Costco maybe?
fsflover 4 hours ago
Pine64. ("Successful" doesn't have to mean "a megacorp".)
mrguyorama 3 hours ago
Just starting with "Not totally abhorrent and aiding the destruction of democracy in the US" would be fine.
Instead of working for Zuck or Google or Larry, you can work for Garmin, Shopify, Visa and Mastercard, most banks (they are soulless but some aren't always evil), grocery chains, pretty much any local business, car companies, non-weapon or surveillance based government work, IDEXX, hell even Apple imo and I dislike Apple, nearly every business that isn't "Tech"
Basically just stop pretending that the industry is only Google, Facebook, AWS, Microsoft, and Oracle. There's something like millions of jobs that aren't in those companies.
sleepybrett 2 hours ago
It's very very hard to do this because any public company will be evil in the name of 'shareholder value' EVERY.SINGLE.TIME.
georgemcbay 4 hours ago
> Don’t work for evil companies.
I'm certainly not a fan of Oracle (or the wider scale damage the Ellisons have been doing), but I also can't bring myself to be so flippant when an action this large is going to cause untold amounts of personal tragedies.
See, for example:
https://www.reddit.com/r/employeesOfOracle/comments/1s8m58p/...
Today this unfortunate guy, tomorrow perhaps me.
fredgrott 3 hours ago
Context of scale....
They took on 58billion in debt which halved their stock price...
Expected savings is only 8Billion
What you are seeing is Oracle in death pains.....
If you or the org you are working for uses Oracle products fast find a way to migrate away from Oracle as it will cease to exist in 2027 at this rate.
shmerl 4 hours ago
> The layoffs are directly tied to Oracle’s aggressive and debt-heavy expansion into artificial intelligence infrastructure.
The actual culprit.
axpy906 3 hours ago
Post should be hire. People are missing the point they traded out data center cost for human cost.
jaccola 3 hours ago
"Hire" an unfortunately ironic typo!
nickvec 2 hours ago
Are there any serious union efforts happening in big tech right now? It’s asinine to me that tech workers haven’t unionized at this point and that folks still fall head over heel just to get a job somewhere that would dispose of you without a second thought.
neya 4 hours ago
Every other company sends out cold emails to prospects outside of the company, but Oracle is the only company to send out cold emails to their own employees. Gotta give it to them...
HardCodedBias 2 hours ago
I think its clear that a lot of companies over hired during the pandemic, and it seems like we are getting more out of our entire staff with AI tools.
Given that it makes sense to cut if the company doesn't have new product ideas to spend that excess resources.
dryarzeg 4 hours ago
Am I the only one who, when they see this, feels that it's already tough for Oracle and that many companies betting on "AI" have finally understood the real risks involved, and that they risk simply failing? I mean, if Oracle is doing that, they're clearly having some problems. I don't know how to properly express that (I'm sorry, I'm not very fluent with English), but for me it seems as some kind of signal of potential start of the downfall. It's like they stepped on the path that leads them to fall, and while they still can change it, if they don't, they're doomed.
alephnerd 4 hours ago
> feels that it's already tough for Oracle and that many companies betting on AI have finally understood the real risks involved
This has nothing to do with AI, whose capex largely falls under Oracle Cloud.
The main teams hit - RHS, SVOS, and NetSuite India - are associated with Cerner and NetSuite, both of which are the kinds of legacy SaaS apps that are most likely to see reduced spend in the world today - it's cheaper to hire Accenture/PWC/Deloitte or WITCH combined with Anthropic or OpenAI to build and manage your own custom in-house or use that threat to purchase an actual market leader in those categories like Veeva or SAP respectively.
dryarzeg 4 hours ago
> The main teams hit - RHS, SVOS, and NetSuite India - are associated with Cerner and NetSuite, both of which can serve to reduce some fat.
> reduce some fat
Yes, but, well... why do they need to do that at all? I mean, what made them make this decision right now? I think it was mentioned in the article - they're in debt because of their AI data centers projects:
> Oracle has taken on $58 billion in new debt within just two months.
Although...
> All of this is happening even as the company posted a 95% jump in net income — reaching $6.13 billion — last quarter.
Still,
> According to analysis from TD Cowen, the job cuts are expected to free up between $8 billion and $10 billion in cash flow — money the company urgently needs to fund a massive buildout of AI data centers.
And they need a lot of resources to fund that, because:
> Oracle to Invest U.S. $2 Billion in AI and Cloud Infrastructure in Germany (2025) [1]
> Oracle unveils $10B data center expansion plan (plans for 2025) [2]
While they're having some problems now:
> Oracle and OpenAI End Plans to Expand Flagship Data Center (Bloomberg) [3]
It's just a few examples; I'm sure if you will dig deeper you will find more. Some sources suggest that "Oracle plans to invest up to $50 billion in 2026 to expand its AI data center infrastructure", but I'm not sure if it's true and if you can trust them, so I'll leave it there. They're trying to optimize because they're in debt, and still they seem to expand that debt even more.
[1] https://www.oracle.com/news/announcement/oracle-invests-two-...
[2] https://www.channeldive.com/news/oracle-capex-spike-cloud-ai...
[3] https://www.bloomberg.com/news/articles/2026-03-06/oracle-an...
chasd00 3 hours ago
alephnerd 4 hours ago
paxys 3 hours ago
It's a trash source. No one has confirmed 30k job cuts. They just made it up.
intrasight 3 hours ago
I went looking and have to agree. There's no legit news source with any real numbers.
Perhaps this will be higher than the standard 10% cull, but I suspect not that much higher.
mindracer 3 hours ago
intexpress 3 hours ago
Usually the big tech companies leak the layoff numbers to the press themselves
paxys 3 hours ago
rollingout.com is a clickbait site. Companies aren't leaking info to them.
intexpress 3 hours ago
sublinear 3 hours ago
Why doesn't anyone ever mention project stargate when discussing these financial struggles of Oracle and OpenAI? That's your answer.
grossiweb 2 hours ago
Honestly, isnt this going to happen in every SAAS based company? My feeling is the bigger and more staff they have the more they will unload. I feel like its almost a necessity otherwise some 3-5 man team agentic first solution will just come with the same offering at 80-90% discount and eat their lunch.
WhereIsTheTruth 4 hours ago
Billions of dollars, yet not for thee
The game where you, the people, will always be the loser
ozzafar 3 hours ago
Java isn't really uncommon
lenerdenator 3 hours ago
> RHS (Revenue and Health Sciences) — employees described a reduction in force of at least 30%, with 16 or more engineers from individual business units cut in a single action.
Hm. So, likely old Cerner operations.
Y'know, the ones that keep EMR systems running.
Ol' Larry just doesn't see the value proposition in making sure that your health information is accurate.
As a side, the fact that you can just slash someone's job without any warning needs to be addressed by law.
passive 4 hours ago
So Ellison's big investors wouldn't back his ridiculous (-Disney) Warner Bros bid without him juicing the performance of Oracle in this way?
(thanks for the reply correcting the company)
bhouston 3 hours ago
Disney is also a target? Or are you confusing Warner Bros Discovery with Disney?
passive 3 hours ago
Yup, completely confusing Warner Bros and Disney. Thanks for catching that!
rvz 4 hours ago
This is AGI.
thiago_fm 4 hours ago
It's still a company worth $400B that makes $3B of profits and not even $20B of revenue.
And full of debt from AI datacenters full of hardware with a 6 year depreciation cycle, possibly even lower depending on what NVidia releases next.
So overvalued!
strongpigeon 4 hours ago
Oracle has >$60B in revenue and $16B in net income. It doesn’t seem crazily overvalued to me? Perhaps you were looking at quarterly statements?
danny_codes 3 hours ago
Yeah plenty of suckers are trapped by Ellison’s downward facing grass cutting blades.
It’s a sad state of affairs. I mean Postgres is right over there!
10ca1d1me 3 hours ago
Come work for me instead!
micromacrofoot 3 hours ago
open ai sitll pouring money into oracle btw
yieldcrv 3 hours ago
an unceremonious email blast is more than I expected from Oracle
diehunde 3 hours ago
Could this be the start of the AI bubble bursting? There are so many rumors going around about data centers not being built, GPUs waiting to be installed, debt, and much more. Crazy times.
chasd00 3 hours ago
Follow the datacenter companies like Coreweave, when they start to have problems everyone else will start to have problems. Coreweave was bailed out by Nvidia once already and managed to get another $8B loan today. They and others are up to their eyeballs in debt so any trouble will show up first in companies like Coreweave trying to build the datacenters and bring them online.
MattDamonSpace 3 hours ago
There is no bubble
diehunde 3 hours ago
Love the confidence. The logic can catch up later.
zarzavat 3 hours ago
josefritzishere 4 hours ago
It's almost like Larry Ellison is a bad CTO and needs to step down.
gethly 4 hours ago
companies overhired when money was cheap during covid to inflate their numbers and push their marketcap. since cheap money is gone, they have no incentive to keep the workforce. this has nothing to do with AI.
nunez 3 hours ago
Disgusting.
2OEH8eoCRo0 4 hours ago
Imagine slashing 30,000 jobs for a measly 2% share price bump.
criddell 4 hours ago
Ellison owns something like 40% of Oracle which has a market cap of $400 billion. That measly 2% share bump earned him $3 billion today.
TwoNineA 4 hours ago
> Imagine slashing 30,000 jobs for a measly 2% share price bump.
One lost job is a tragedy. 30,000 jobs lost is statistics.
2OEH8eoCRo0 4 hours ago
These are some of the richest and most profitable companies in history but they act like miserly slaves to their share price. We have created such a perverted incentive system.
kjksf 4 hours ago
AtlasBarfed 2 hours ago
30000 jobs equals 10 billion dollars?
10,000,000,000 / 30,000 = 333k per employee?
I guess that tracks for a company that is 50% lawyers for suing their own customers /s
mandeepj 2 hours ago
If larry hadn't sucked dRump's c*ck that hard, he'd not be in the free downfall that he is in today. He's dismantling America brick by brick. I hope he goes bankrupt soon.