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Oracle slashes 30k jobs

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Re: Oracle slashes 30k jobs

#71

Post by the_real_cher »

renewiltord wrote: post #55
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. Th…

Termination will take on a while different meaning of this turns out to come true on some Black Mirror future.

Re: Oracle slashes 30k jobs

#72

Post by davidw »

CoolGuySteve wrote: post #58
stackskipton wrote: post #50

Earlier quoted context omitted.

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

"Well look, I already told you! I deal with the goddamn customers so the engineers don't have to! I have people skills! I am good at dealing with people! Can't you understand that? What the hell is wrong with you people?!"

Re: Oracle slashes 30k jobs

#73

Post by 2OEH8eoCRo0 »

kjksf wrote: post #61
2OEH8eoCRo0 wrote: post #10

Earlier quoted context omitted.

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.

There's an argument to be made about bad incentives driving large public companies. But it's way less satisfying that emotional appeals. The base of your statement is just wrong. A company is a legal fiction. It doesn't have thoughts, wants, desires. It's not rich or poor. It's a piece of paper. It's an entry in government database. What is not a fiction is Oracle's owners i.e. shareholders. They are not rich. Majori…

I'm a shareholder. I'd prefer long term growth and sustainability rather than short term unsustainable pumps. When will they look out for the shareholders like me?

Re: Oracle slashes 30k jobs

#74

Post by irl_zebra »

CoolGuySteve wrote: post #58
stackskipton wrote: post #50

Earlier quoted context omitted.

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

Creating powerpoints. Presenting the powerpoints to others in synchronous meetings.

Re: Oracle slashes 30k jobs

#75

Post by shepherdjerred »

renewiltord wrote: post #55
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. Th…

It’s not unethical to lay someone off

Re: Oracle slashes 30k jobs

#76

Post by Quarrelsome »

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.

I think its very impolite to not do it face-to-face.

Re: Oracle slashes 30k jobs

#77

Post by kadushka »

CoolGuySteve wrote: post #58
stackskipton wrote: post #50

Earlier quoted context omitted.

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

Probably had a lot of meetings

Re: Oracle slashes 30k jobs

#79

Post by SlinkyOnStairs »

alephnerd wrote: post #62
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".

> 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…

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