41–50 of 890 posts
It feels like Oracle has made some massive strategic missteps in the past year. I’m curious if they can turn it around.
What "massive strategic missteps"? They continue to attract cloud customers coming from Amazon, Google and Microsoft.
Unless you're being offered a very good package, any firing email is cold. Let's be honest
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> Imagine slashing 30,000 jobs for a measly 2% share price bump. One lost job is a tragedy. 30,000 jobs lost is statistics.
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.
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 potent…
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.
Don’t work for evil companies.
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…
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.
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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) 20…
Even at 100k employees I’m still dumbfounded by that number. What do all these people do all day?
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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) 20…
Even at 100k employees I’m still dumbfounded by that number. What do all these people do all day?
Last F50 I was at did a PeopleSoft migration. We probably had 400 Oracle employees pass through the doors over 2 years helping to get it off the ground.
Most Enterprises don't just buy software and that's it. They buy software + support to implement it for their business.