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Oracle slashes 30k jobs

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Re: Oracle slashes 30k jobs

#51

Post by baumy »

CoolGuySteve wrote: post #29
muskstinks wrote: post #9

Earlier quoted context omitted.

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?

I remember reading this post years ago, and it has stuck in my brain ever since: https://news.ycombinator.com/item?id=18442941

So I suspect the answer is: they need _at least_ 10x as many engineers to get things done as you would expect. Maybe more like 50x

Re: Oracle slashes 30k jobs

#53

Post by zipy124 »

CoolGuySteve wrote: post #29
muskstinks wrote: post #9

Earlier quoted context omitted.

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?

Almost certainly a large amount of support staff, so management/HR/IT etc... Then you've got your customer account managers, sales, lawyers/finance etc.... Given they do an insane amount of B2B and government sales I can see this being easy to reach tbh. Governement contract processes require an insane amount of bureacracy and negotations.

Re: Oracle slashes 30k jobs

#55

Post by renewiltord »

dafelst wrote: post #2

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".

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.

Re: Oracle slashes 30k jobs

#56

Post by Waterluvian »

SoftTalker wrote: post #43
dolphinscorpion wrote: post #15

Unless you're being offered a very good package, any firing email is cold. Let's be honest

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.

Whatever you do, do not ever book a 1:1 meeting on a Friday afternoon for Monday morning titled, "The Future."

Re: Oracle slashes 30k jobs

#57

Post by newsoftheday »

raw_anon_1111 wrote: post #37
newsoftheday wrote: post #17

Earlier quoted context omitted.

What "massive strategic missteps"? They continue to attract cloud customers coming from Amazon, Google and Microsoft.

Citations?

I used Google Gemini to confirm before I posted my comment. You're welcome to do the same.

Re: Oracle slashes 30k jobs

#58

Post by CoolGuySteve »

stackskipton wrote: post #50
CoolGuySteve wrote: post #29

Earlier quoted context omitted.

Even at 100k employees I’m still dumbfounded by that number. What do all these people do all day?

Oracle sells alot of software that is accompanied by hordes of consultants to set it up. 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.

Sure but what did those guys do all day? 400 people is a lot of people

Re: Oracle slashes 30k jobs

#59

Post by [deleted] »

muskstinks wrote: post #9
dafelst wrote: post #2

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".

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…

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